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Economic sentiment rebounds in September after six-month drop
EconomyMacroeconomydisplayed high fluctuation in the 3-year period until Jun 2012 but improved by more than 26 points until... surged, albeit with high volatility, by more than 53 points to -30.6 in February 2015. Since... plummeting by more than 33 points in the preceding two months, services confidence surged by 27.7
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Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
Economythe recession was more than 1.3 billion deeper than previous estimates suggested. The breakdown...), which corresponds to lower investments of more than 19 billion for the 5-year period. At the same time, the cumulative rise in exports (16.2 percent) was lower than the 18.1 percent released in March
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Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
EconomyMacroeconomyin Public Investment Budget (PIB) expenditure to 607 million euros from a cumulative figure of less than... was partly offset by lower expenditure (by 3.1 billion) and a better than expected PIB balance (by 929... revenues of more than 5.7 billion in each of the next three months for the new full year target
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Newsletter 48 - 23/10/2015
reports indicate it could not fall below 20 percent or more than half of the current levels. Greek banks... the HFSF, Alpha and National do not have any shareholder controlling more than 5 percent of their share..., stemmed from the political – rather than personal – implications of the comment. It is clear
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Now comes the really hard part
Agora. In the intervening period, more than 40 billion euros in deposits were withdrawn from Greek banks... at less than 120,000 euros will enjoy protection. If this is implemented, it could have a dramatic effect... in the coming years only being able to claim a basic state pension of less than 400 euros per month, while
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Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
EconomyProgrammeadmitted that the bank recapitalisation process is progressing more rapidly than initially expected two... euros, the actual funding to Greece under the third bailout programme will be lower than the 86... the institutions no later than the beginning of next week. Such a development will unlock the 2-billion-euro sub
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Helmut Schmidt, Greece and a valuable legacy for Europe
Agoraof leaders past rather than a measured assessment of what they offered. Like all politicians, Schmidt... cultivated prejudices and phobias rather than stand against them. This is where Schmidt’s contribution is so valuable. He was more resolute than to be shoved one way and then the other by developments
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Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment
EconomyMacroeconomypercent YoY. Private consumption is the largest contributor, making up more than 69 percent of 2015 GDP... a nosedive by more than 32 percent in disposable income attributed to heightened unemployment, a series... decrease, also reflecting a double-digit growth in Q1. Since 2008, investment plunged by more than 68
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Newsletter 53 - 27/11/2015
losses to more than 90 percent over the past three months. As a result, the four core banks’ market value... as party leader to help his re-election campaign rather than competing against the other candidates... accusations that Sunday’s failure may have been the result of sabotage rather than incompetence
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Newsletter 56 - 18/12/2015
will be needed on January 10 if none of the four candidates wins more than 50 percent of the vote...-wing than the centre, which would be a continuation of the path on which Antonis Samaras set the party... euros, 21.9 percent higher than last year and 1.7 billion better than the target. After 11 months
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