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  1. Where did all the money go?
    Photo by MacroPolis

    Agora

    states. Another 20.1 billion euros was provided by the IMF. The loans from the second programme agreed... payments that exceeded 40 billion euros, almost 122 billion euros in total. The second largest chunk... 11.3 billion euros was used to buy back over 30 billion euros worth of debt in the second debt

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  2. Greek economic sentiment down in January but consumer confidence rises
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    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued retreating for the second straight month in January... for the second successive month by 4.9 points to -7.9, which is the lowest reading since April 2014. Services confidence also fell for the second consecutive month by 6.3 points to 9, reaching its lowest

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  3. Greek credit contracts by 3.1 pct in December

    EconomyMacroeconomy

    percent in November, according to the Bank of Greece (BoG). However, this was the second lowest... in November, yet both figures indicate the second and first lowest reading respectively in 2014. Note... slightly accelerated to 3.7 percent, yet it indicates the second lowest negative reading since April

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  4. Investors' hopes of eurozone deal boost Greek stocks and bonds

    Economy

    The Greek stock market surged for the second straight session on Friday, rising by 5.61 percent... cumulative gains of 6.4 percent in this 3-week period. Bank shares also soared for the second... was maintained for the second consecutive day and was mostly evident in the shorter maturities

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  5. Wages index rises at slower pace of 1.4 pct in Q4 2014

    EconomyMacroeconomy

    The seasonally adjusted Wages Index advanced, albeit at a slower pace, for the second consecutive..., which indicates the second negative QoQ reading in 2014. This index captures the total of gross... at 84.5 in Q4, which is the second highest reading since Q4 2012. The lowest reading was posted in Q1

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  6. Newsletter 19 - 13/03/2015

    Newsletters

    and, second, the reduction of pillar II bonds, which bear a total (including interests and fees) cost... is often viewed as a collection of unresolved issues – such as the Asia Minor Catastrophe, the Second... a separate, unique claim. During the Second World War, the Greek government was forced to provide loans

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  7. Economic sentiment, consumer confidence edge down in March
    Photo by MacroPolis

    EconomyMacroeconomy

    figure is the second lowest reading since April 2014 and stands 6 points lower than the recent peak..., consumer confidence eased by 0.4 points to -31 in March, which is the second best reading since October... a volatile performance in the second half of 2014. The other four business indicators deteriorated

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  8. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    -Bill rollovers in March with a total amount of 150-200 million. The second major debt obligation... tranches, the first of 183 million on May 1 and the second of 697 million on May 12. d) Interest.... One day before the second IMF payment, the Eurogroup is scheduled to convene. This would

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  9. High levels of dissatisfaction among Greeks, Eurostat report shows

    Society

    second from the bottom. Greeks were also second from the bottom as regards commuting times (a 6.5 average..., Greeks were joint second last in terms of their satisfaction with their accommodation (6.6 compared

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  10. A Greek proposal that deserves to be heard
    Photo by Harry van Versendaal

    Agora

    pretending that it was no longer under the lingering second programme and that the memorandum era ended... euros are outstanding from the first programme and 11.6 billion from the second. The proposal has... the second programme, which are payable from 2017. Without a shred of a doubt the proposal

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