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  1. Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln

    EconomyMacroeconomy

    Greece’s budget execution posted a primary surplus of 3.57 billion euros in the 11-month period... in November, from a drop of 17.9 percent in October. November’s figure fell short of target by 134... terms, the 11-month figure reached 44.47 billion, down 1.6 percent. Note that this year’s figure

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  2. Greek trade deficit shrinks by 4.4 pct in October on back of strong exports

    EconomyMacroeconomy

    After a sharp rise by 34.2 percent in September, Greece’s trade deficit narrowed by 4.4 percent... in September. October’s movement stems from a rise in both exports and imports by 7.1 and 2 percent... retained an upward trend for the second straight month, albeit at a decelerating pace. October’s

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  3. Greek PM offers no more incentives for presidential vote, braces for snap elections
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    . “Elections would suit me,” said Samaras, explaining that the weaknesses of SYRIZA’s policies would... — MacroPolis (@MacroPolis_gr) December 27, 2014 Samaras’s comment is also an indication of the low... to back the former EU commissioner. The prime minister’s decision not to offer any further incentives

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  4. Final presidential vote likely to segue into snap elections for Greece
    Photo by MacroPolis

    PoliticsGreek Politics

    in their public statements that they will not vote for the coalition’s candidate, while the other 13 have... their party leader, Panos Kammenos, and voting for the government’s nominee is extremely slim. In his... of snap elections and talked up New Democracy’s chances of winning them, even though it is trailing

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  5. Contraction in Greek credit eases slightly to 3 percent in November
    Photo by MacroPolis

    EconomyMacroeconomy

    , falling to 3 percent from 3.2 percent in October, according to the Bank of Greece (BoG). Last month’s... in October. November’s figure is the second lowest so far this year. Housing loans eased by 3.1 percent... of the ECB’s comprehensive assessment, the anticipated recovery of the domestic economy in 2015

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  6. To Potami aims for rapid rise to third spot in Greek elections
    Photo by MacroPolis

    PoliticsGreek Politics

    served as a minister in a New Democracy government and had subsequently stood on PASOK’s ticket in the 2004 elections. Message Also, although To Potami’s message is still rather vague, it has a clear... Democracy or SYRIZA (PASOK’s comments on this subject are a little more guarded) and this is a message

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  7. Funding needs take centre stage in row between New Democracy and SYRIZA

    Economy

    elections is the issue of Greece’s funding needs by the end of March and the way they would... redemptions. New Democracy’s main strategy incorporates an agreement “in principal” with the troika... in Tuesday’s interview with Bloomberg. The same sources indicated that deposit withdrawals have continued

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  8. Bookies see comfortable win for SYRIZA, close contest for third place

    PoliticsGreek Politics

    Recent polls indicating that To Potami could win third place resulted in Golden Dawn’s odds for taking third spot rising from 1.65 – 1.90 to 1.83 – 1.86. At the same time, To Potami’s odds have been cut... it is unlikely Independent Greeks will enter Parliament. The odds for Panos Kammenos’s party passing the 3

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  9. Review completion and SMP redemptions will decide Greece's QE eligibility
    Photo by MacroPolis

    EconomyProgramme

    20 percent will be taken on by the ECB. The ECB will not buy more than 33 percent of the issuer’s... billion in August, to preserve the 33 percent of issuer condition. Note that Greece’s debt structure... is lower given the ECB’s SMP holdings of more than 25 billion. In addition, following the PSI and debt

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  10. Samaras future unclear as New Democracy enters period of introspection

    PoliticsGreek Politics

    in Sunday’s vote. Karamanlis was also touted as a possible candidate for president. Reports on Friday... to be present at the prime minister’s office to hand over to Tsipras at the beginning of the week... lead to new elections. This is the “Left Parenthesis” theory that Samaras’s advisers had put forward

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