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  1. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    be needed. In addition, lower interest rates and return of 10.9 billion of EFSF bonds, along... of T-Bills (2.3 billion). Since Greece cannot tap markets at favorable rates, the IMF highlights

    3%

  2. Car sales rise by 21.7 pct in June for fifth straight increase above 20 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    percent of total road motor cars. Following the double-digit growth rates posted in the first six... in the 3-year period until 2012. According to market sources, the strong growth rates in the first half

    3%

  3. IMF urges substantial debt relief for Greece

    EconomyProgramme

    rates close to the current European loan rate before debt has been brought to much lower levels. This means that borrowing in the near term at anything but low rates will result in an unsustainable

    3%

  4. Have inflation "repay" Greek debt and growth reduce indebtedness

    Agora

    at interest rates of zero outright (interest moratorium) or at rates close to zero, the benefit

    3%

  5. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    consumption increased 1 percent QoQ and 2.5 percent YoY accelerating from the reported growth rates in Q1... to the strong YoY growth rates recorded in Q1, the first-half imports increased by 2.8 percent

    3%

  6. Crisis changing Greeks' college choices, research indicates

    Society

    – and psychologists – increased. Historically, Greece had one of the lowest suicide rates in the world... with significant cuts in salaries and high unemployment rates. The only exception here was tourism

    3%

  7. EC study: VAT gap in Greece at 34 pct, more than double the EU average

    Economy

    to final consumption (i.e. eliminating the effect of reduced rates and exemptions). This policy gap ratio... rates and the ‘exemption gap’ representing the potential revenue loss due to exempted supplies

    3%

  8. Car registration growth slows to 6.7 pct in September

    Economy

    in the 2009-2012 period, while it registers almost steadily positive growth rates since September 2013... resumed again in August. The double-digit growth rates recorded in the course of 2015, particularly

    3%

  9. Newsletter 42 - 11/09/2015

    Newsletters

    is primarily attributed to the increase in the VAT rates from July 20. Greece has been in deflationary territory since March 2013. Increased VAT rates eased the drop in August. Unemployment edges up Greece’s

    3%

  10. Industrial turnover records its sharpest drop in six years, down 15.4 pct in July

    EconomyMacroeconomy

    sectors recorded double-digit negative rates. The biggest nosedive was registered in motor vehicles... percent). In contrast, three sectors posted strong growth rates, namely computer, electronic and optical

    3%