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  1. Greek exports rise by 6.6 pct in November to trim trade deficit
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    EconomyMacroeconomy

    . The double-digit drop of 10.7 percent is the third highest this year and reflects an increase in exports.... The absolute figures showed exports stood at 2.32 billion in November after a year high of 2.51 billion.... November decline rate indicates the fourth negative reading year to date. Imports stood at 3.78

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  2. Greek current account deficit widens by 32.4 pct in November despite services surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    year, according to the Bank of Greece (BoG). The higher C/A deficit is mainly attributed to a negative... year. This corresponds to a widening of the C/A surplus by 1.19 billion euros, which is mainly... to last year, they increased by more than 600 million.

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  3. The demand for Greek debt relief: Is the cart being put before the horse?

    Agora

    level in the past year than initially projected. Hence, one key condition of such a grand debt... is holding back last year’s payment that it is obliged to make to Athens as a result of the profits from... year. But the financial repercussions go further and are deeper. All projections about Greece’s

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  4. The immediate economic and financial hurdles for the new Greek government
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    EconomyProgramme

    obligations reached 1.3 billion in December with the full year figure ending at 13.8 billion, while... an additional hurdle on the fiscal consolidation effort this year. Similarly, it is unclear what impact... of GDP compared to the anticipated growth of 2.9 percent targeted for this year would deteriorate

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  5. What are Greek coalition's plans for privatisation programme?
    Photo by Harry van Versendaal

    Economy

    by the coalition party MPs last year. Press reports also note that the government plans to halt all tender... to HRADF cannot be returned to the state. There was one key exception to this rule last year when HRADF... completed last year, SYRIZA strongly opposed the tender process for 14 regional airports in November 2014

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  6. In effort to reach new deal, Greek government cannot ignore liquidity constraints
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    EconomyProgramme

    of the year. Press reports indicate that the payment of taxes has eased in January mainly due to the pre..., with the last two due in January and February of this year. According to the General Secretary.... Cash reserves Any significant revenue shortfall in the first quarter of the year will put further

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  7. Greek coalition sets out plans for public sector, wages and pensions
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    PoliticsGreek Politics

    to take on this year, with the troika’s approval. Katrougalos said there would be no changes... with its own legislation. The ban expired at the end of last year and the troika had insisted... 850 million euros per year. The coalition has pledged to cover the pension funds’ deficit, estimated

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  8. Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership

    EconomyMacroeconomy

    . For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013 figure of 2.82 percent... deposit rate will stall in the beginning of the year. Despite the sharp drop, the Greek time deposit... to 1.15 percent in December extending the year’s decline to 61 bps. On the loan front, the most

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  9. Greek apartment prices down 5.8 pct in Q4 2014

    EconomyMacroeconomy

    . For the whole year, apartment prices declined by 7.5 percent after decreasing by 10.9 percent in 2013 and 11.7 percent in 2012. Today’s figures also showed that appraisals fell by 13.2 percent year on year (YoY) in Q4 after a short-lived rise of 6.3 percent in Q3. The decline in volume and value

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  10. Newsletter 14 - 06/02/2015

    Newsletters

    scheduled for this year. 7. Two ministers have also announced that a series of privatisation projects... of Greece. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013... approval, for this year. On the minimum wage, Labour Minister Panos Skourletis was also quick to play down

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