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  1. Industrial production index inches upward in Jan following largely negative trend

    EconomyMacroeconomy

    trends. Water supply and manufacturing production rose by 6 and 3.6 percent respectively. In contrast... and intermediate goods contracted by 3.2 and 3 percent respectively. The more detailed breakdown displayed

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  2. Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery

    Economy

    downgrade. 3) An exit from the eurozone, making the risk of a default event on privately held Greek... review on Greece. On February 6 Moody’s placed Greece’s ‘Caa1’ government bond rating on review

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  3. A breakdown of the fiscal and structural reforms Greece hopes will unlock funding

    EconomyProgramme

    the sustainability of the pension system. 3) Modernising the income tax code and eliminating exemptions. 4... and vice versa. 5) Implementing an organic budget law that improves the management of public finances. 6

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  4. Newsletter 24 - 24/04/2015

    Newsletters

    on May 6, of which around one-third is held by foreign investors, who remain reluctant to roll over...) funding. Banking sources note that outflows reached 3–4 billion in March, an amount which was almost

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  5. Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct

    EconomyMacroeconomy

    and benefits by 3 percent. Since 2009, household disposable income has been eroded by one-third, which... by 29.4 percent over this 5-year period, meaning that around 6 billion are no longer available

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  6. Greece eyes temporary solution to liquidity problem from Brussels Group talks
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    PoliticsGreek Politics

    rescheduled for May 6. However, it is clear that despite its efforts to collect the cash reserves from... of GDP is achievable, creditors think up to 3 billion euros of new measures (corresponding to 1.7 percent

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  7. 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.... In addition, 90 million in revenue was collected by the end of April from the settlement of 3 billion

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  8. National Bank posts losses of 159 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    by 3 and 4 percent respectively. Net interest income (NII) fell 5 percent QoQ, largely stemming from... percent in Q1 after a sharp rise by 6 percentage points to 60.4 percent in Q4. It is noteworthy

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

    EconomyMacroeconomy

    the high level of unemployment by strengthening active labour market policies. 3) Implementation... be reviewed. 6) Effective management of Greek banks’ non-performing loans (NPLs), while changes

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

    EconomyMacroeconomy

    at the main Greek airports slowed to 6 percent in May bringing the 5-month rate at 10.5 percent, lower... in the other Greek airports rose by a modest 1.6 percent in May following a 3 percent drop in April

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