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Sharp monthly rise in unpaid taxes to 1.59 bln for November
EconomyMacroeconomyin the first half of 2014 and 2 billion for the whole year. Although the first target was actually... drop in November, yet the 11-month figure stands at 25.2 percent compared to an annual target of 50
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Newsletter 13 - 30/01/2015
, the is consistently underestimated by Greek political parties. Greece has borrowed 50 billion... hit its lowest reading since February 2014. 2 When less is more The new government would be wise
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Newsletter 15 - 13/02/2015
the existing pool of state-guaranteed securities in the form of pillar II and III bonds (45–50... and government esimates. 2 From party to national leader Tsipras is more politically proficient than most
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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek Politicsimpact of the crisis at a cost of 1.86 billion euros. But this is not explicitly stated 2... for more than 50 percent of nominal debt to be written down. In his interview with the Financial
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Greece sets out broad reform plan for lenders' approval
EconomyProgramme, public spending, social security reform, public administration and corruption. 2) Financial... will provide targeted assistance to employees between 50 and 65 year old, including through
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Minor changes in Greek time deposit rates, higher movements in corporate loans
EconomyMacroeconomyThe interest rate on households’ new time deposits eased in January by just 2 basis points (bps), falling to 1.8 percent from 1.82 percent in December, according to the Bank of Greece (BoG... declined by 50 bps to 2.44 percent, which is below the previous record low in 2002. On the flipside
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammewith a net cost of 2 billion euros. As later clarified by senior SYRIZA officials, the net cost... who pay in (up to 100) instalments. Note that the previously announced 50 percent haircut on tax
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Greek current account deficit widens to 847 mln in Jan as exports fall further
EconomyMacroeconomyin travel receipts by 9.1 percent resulting from a substantial rise in non-residents’ arrivals by 50 percent..., residents’ external assets posted a net increase of 1.3 billion mainly reflecting a rise of 2 billion
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Greek banks’ loan quality is deteriorating
Economyquality accelerated markedly in the first quarter of this year. Local media claimed that around 2... their loan loss reserves (LLR) by around 7.4 billion, to almost 50 billion euros at the end of 2014
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Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure
EconomyMacroeconomy. The breakdown showed that expenses for salaries and pensions fell 4.3 percent in March but rose 2... a surplus of 649 million in March and 907 million in the 3-month period, way above target of just 50
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