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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomy30 percent down year on year, and 2.08 billion better than target. Revenues (before tax refunds
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Tsipras opts for referendum, leaving many issues open
PoliticsGreek Politicsas Greece’s programme extension is due to run out on June 30 and Greek banks will no longer
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Referendum call finds Greek banks teetering on the edge
EconomyThe Eurogroup rejected on Saturday the Greek government’s proposal for a one-month extension of the current bailout programme, which expires on June 30, Greek banks are facing a dramatic situation. The challenge to the Greek banking system was immediately visible following Greek Prime Minister
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MPs vote for referendum amid growing uncertainty about euro membership
PoliticsGreek Politicsthe European part of Greece’s programme expires on June 30. However, the IMF chief added
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The political scenarios ahead for Greece after the referendum
PoliticsGreek PoliticsPASOK and To Potami would be the most likely partners but given that they have just 30 seats (13
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyin May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts
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Greek government's proposals to bridge gap with lenders appear to fall short
EconomyProgrammemarket. VAT On VAT, the government now wants to maintain only the 30 percent discount on islands. Note
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Referendum call stretches state liquidity, pensioners first to bear the brunt
EconomyProgrammewhich corresponds to additional 30 million in need for the full amount payment. According
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammeaccount to cover debt servicing (payment to the IMF of 1.6 billion due on June 30). 2) The second
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Where the key differences between Greece and the institutions lie
EconomyProgrammeis the 30 percent discount on islands with the institutions proposing elimination of this discount, while
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