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Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop
EconomyMacroeconomy, whilst the current ESI reading is 22.9 points lower than the post-crisis high of 104.2 recorded a year... 2012. Since then, it had posted a considerable improvement by more than 26 points until June 2014... the highest monthly drop plummeting by more than 22 points to -25.9, whilst the construction confidence fell
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomy. At that time more than 15 banks were operating in the Greek banking market. After a series of M&A... in the domestic market controlling more than 95 percent of deposits. However, the Greek time deposit rate... loan rates remain 200-300 bps higher than the respective average eurozone figures. In the household
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Refugee crisis poses multiple political challenges for Tsipras
PoliticsForeign Policythe presence of immigration-related problems in the city centre (more than 400 people, mostly from... total of 224,000). This represents a rise of more than 750 percent on the figures for the same period last year. “In July alone, 50,000 new arrivals have been reported, 20,000 more than the previous
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Early gains in Greek stocks cancelled out in second half of week
Economyis becoming unsustainable. Banks rebounded 7.3 percent this week after a nosedive by more than 58 percent last week. The improved performance is mostly perceived as a technical reaction rather than... 1 percent to 3.15 billion on negative currency effects. EBIT improved significantly by more than 31
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Sixth straight fall for economic sentiment in August as it plunges by 6.1 pts
EconomyMacroeconomythan 26 points until June 2014. Since then, it has been heading downward, with a significant... dropping by more than 12 points in July. Services confidence tumbled by more than 15 points to -42.8.
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Greek QE eligibility? We're not there yet
Agoracondition notes that the ECB will not buy more than 33 percent of the issuer’s debt and 33 percent... in Greek bonds, corresponding to more than 40 percent of total. Of this amount, 19.87 billion relate... remaining maturity of 2 years and a maximum of less than 31 years. This maturity range is applied
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Election Watch: What are Greeks voting for?
Agorathat it is a more reliable option than the flitty SYRIZA that took Greece to the edge of a euro exit... represent the country’s future, rather than its past. Then there are the defectors who formed Popular... air. So far there has been no indication that Popular Unity has any more coherent strategy than
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Greek stocks edge up, with banks rising for third straight week
Economyover the past two weeks, Greek shares are still more than 15 percent down since the beginning of August.... As a result, bank shares have lost more than 58 percent of their market value since the market.... During the two-day event more than 600 meetings were held between 150 fund managers and 28 Greek listed
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Tsipras and Meimarakis face off, bristle at idea of working together
PoliticsGreek PoliticsEvangelos Meimarakis was much livelier than a discussion involving seven party leaders last week... with it. Given that some polls show Meimarakis as being more popular than Tsipras, the SYRIZA leader... Democracy leader is taller than his SYRIZA counterpart. The final card played by Meimarakis after
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Amid fog of confusion, Greeks vote... again
Agoragripped the Greek public. Most voters are savvy enough to understand that SYRIZA is not “purer than... 2012 and 2014 as he held the institutional, rather than the political, role of parliamentary speaker... have been in government since late 2011 – more than one a year – while about 30 parties have been
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