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Big falls for economic sentiment and consumer confidence in April
EconomyMacroeconomyfigure shows it fell to a historic low of 74.8 in March 2009 and displayed high volatility until October 2012. It then moved in upward direction until June 2014 (to 104.2) but has been declining since... 2011 and displayed high fluctuation until August 2013. Since then, it shows an upward trend, yet
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Greek DSA: Don't Say Anything about the debt
Agorato 3 percent of GDP in 2015 from 1.5 percent in 2014, and remain above 4 percent of GDP until 2022.... There is a forecast for high privatization proceeds that exceed 1 percent of GDP each year until 2020, peaking at 1.7... on the shoulders of Greece, until the eurozone had the mechanisms in place to safeguard the euro. SYRIZA also
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgrammeof around 80 billion since the beginning of the crisis until November 2014 and additional 30 billion... have settled tax arrears of 3.5 billion euros until May 22. The settlement process, which started 38 days agos was initially due to expire on Tuesday but the deadline was extended by one month until
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Newsletter 28 - 29/05/2015
that the other issues cannot really be settled until there is a convergence on the fiscal targets... consultation until June 5, regarding the voluntary disclosure by taxpayers of undeclared capital... the other indicates that things can be smoothed over. Until we know the content of the agreement and how
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How Greek banks were left on the brink
Agorathat 4.4 billion euro of money withdrawn from December until March was sent abroad. Of this, 80... (20 percent of household and corporate outflows until March) were placed, mainly from households... placed in the interbank market until December, for accessing liquidity from the ECB. Thus, their total
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Referendum call finds Greek banks teetering on the edge
Economysector outflows of 35.3 billion from December until the end of May. When public sector withdrawals... billion euros to around 88 billion until June 22 meaning that deposit outflows mainly from.... Until last week, there was a broad sense that outflows were to a large extent manageable
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What capital controls will mean for Greek banks, customers and the economy
Economyamong these was the declaration of a bank holiday from June 28 until July 6 and the imposition... withdrawals are added, the figure rises to 40.7 billion euros that have left from Greek banks until the end of May. During June, the ELA limit was increased by around 9 billion until the middle of last
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme. These are estimated at 50 billion from October 2015 until the end of 2018 requiring new European money of at least... by September and financing needs until then would be covered by about 6 billion from the Hellenic... on highly concessional terms to cover the projected financing needs until the end of 2018 through
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Which way now, Mr Tsipras?
Agorauntil a productive discussion on debt relief (which may yet be his personal vindication from all... until the necessary antibodies have been created by that time. By making his idea so public... the stick that would likely follow. Tsipras also emphasised that until the third package has been agreed
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Sixth straight fall for economic sentiment in August as it plunges by 6.1 pts
EconomyMacroeconomythan 26 points until June 2014. Since then, it has been heading downward, with a significant... at -83.8. Since then, it showed a slightly upward, albeit volatile, trend until August 2013 and a more rapid improvement until February 2015. As in July, the other four business indicators posted a marked
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