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  1. Two hurdles left for coalition this year before bigger challenges in 2014
    en_GB Photo by Harry van Versendaal

    PoliticsGreek Politics

    Greece’s coalition has two more hurdles to clear before it stumbles over the finishing line at the end of the year, exhausted and battered but not quite yet beaten. The first challenge is to pass the new property tax, which unites previous disparate levies in one charge, through Parliament. The new

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  2. October C/A deficit drops to 351 mln, down 39.1 pct over year

    EconomyMacroeconomy

    this year. Note that unlike previous years, the extension of the tourist period beyond August has

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  3. Manufacturing PMI reached four-year high of 49.6 pts in December

    EconomyMacroeconomy

    to November, yet the rate of decline in outstanding business was slightly faster than in the previous

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  4. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    deductions dropping to 203 million from 737 million in the previous month. Loans to sole

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  5. The Cyprus bailout is different, not only due to the bail-in
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to the perceived lack of sufficient austerity measures under the previous government, led by Demetris

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  6. Bank of Greece decision bolsters Greek lenders’ capital ratios

    EconomyMacroeconomy

    In an unexpected move, the Bank of Greece (BoG) repealed a previous cap on the deferred tax asset (DTA) recognition in Greek banks’ Core Tier 1 (CT1) calculation, resulting in a positive impact on their capital ratios effective in the fourth quarter of 2013. The banks’ index jumped 2.4 percent

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  7. Topsy-turvy ride continues for Independent Greeks, as another MP goes

    PoliticsGreek Politics

    Deputy Merchant Marine Minister with a previous New Democracy government, is using the party as his

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  8. Greece closes 2013 with 691 mln budget primary surplus despite late investment spend

    EconomyMacroeconomy

    , also including repayment of previous years’ arrears on the expenditure line. According to MoF

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  9. Greek banks' reliance on Eurosystem funding rose in December for first time since April

    EconomyMacroeconomy

    their recapitalisation process last June, which somewhat distort the previous ratios, their net Eurosystem

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  10. C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight

    EconomyMacroeconomy

    with a meaningful positive contribution to the C/A balance evolution this year. Unlike previous years

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