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  1. New fiscal measures aim to edge Greece closer to deal with lenders
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    to price increases across the board for most products and services in the affected islands. 2... that the implementation of both of these pledges will have to be delayed. 6) An accommodation tax

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  2. Newsletter 25 - 08/05/2015

    Newsletters

    payment of around 200 million euros to the IMF on May 6. Initially due on May Day, payment was postponed... drop over the last 22 months. April’s reading was eighth straight month with sub-50 reading. 2

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  3. Bank of Greece warns of dangers in failure to reach deal with lenders
    Photo by MacroPolis

    EconomyMacroeconomy

    facilitate the market entry of new enterprises, improve competition and promote innovation. 2) Tackling... be reviewed. 6) Effective management of Greek banks’ non-performing loans (NPLs), while changes

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  4. Industry turnover down by 2.3 pct in April for sixth straight fall

    Economy

    by 2 percent. The breakdown of the April headline figure by region displayed mixed trends for yet... goods (+9 percent) followed by capital goods (+6 percent), consumer non-durables (+2.6 percent

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  5. Travel receipts rise by 16.3 pct in April on jump in arrivals

    EconomyMacroeconomy

    France, which was the outperformer in the first quarter, showed a drop by 2 percent in April arrivals... at the main Greek airports slowed to 6 percent in May bringing the 5-month rate at 10.5 percent, lower

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  6. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    , estimated at 555 million 2) The non-receiving of ANFA income of 132 million The revenue breakdown.... The data showed primary expenditure eased 4.8 percent in May and 6 percent in the 5-month period

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  7. Newsletter 33 - 03/07/2015

    Newsletters

    of capital controls and a forced bank holiday for six working days, from 29 June to 6 July at the earliest... percent). Retail volume also contracted by 1.9 percent in April . 2 Tragedy and drama Neither Greece... is unlikely to en masse favour being part of a national emergency government. The other possibility

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  8. ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high

    EconomyMacroeconomy

    from December until the end of June. 2) Replacement of ECB with ELA funding following ECB decision... government bonds. On July 6, the ECB Governing Council decided to adjust the haircut applied

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  9. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    target) 2) Other social security funds expenditure (at zero versus a FY target of 446 million) 3) Grants... versus FY target of 454 million) 6) Consumption and non-allocated expenditure (at 23.4 percent

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  10. A breakdown of the funding needs involved in Greece's third bailout

    EconomyProgramme

    of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion) 2... will lower financing needs by 6 billion. Based on these estimates, Greece’s gross financing needs

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