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What next for Greece's revenues and spending?
Agoraconsistently below their targets throughout the first five months of the year and involve: 1) Grants... or 26.9 percent below target in the 5-month period. The main laggers relate to: 1) Consumption and non
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Greece seeks 3-year programme that could exceed 65 bln
EconomyProgrammeuntil the end of 2018 standing at 29.8 billion euros including 1) Payments to the IMF of 9.9 billion... with a positive or negative impact on the gross amount. 1) The preliminary DSA called
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Unemployment rate slips to 25.6 pct in April, lowest since July 2012
EconomyMacroeconomywith a drop in the number of jobless by 1 percent compared to March. The drop in the number of unemployed... for males to 22.2 percent, while that for females eased by less than 1 pp to 29.8 percent
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A breakdown of what Tsipras and European lenders agreed to
EconomyProgrammedeficit clause to be implemented retrospectively as of January 1, 2015. o Adopt a series of product..., including in SMEs. EC will propose to increase the level of pre-financing by 1 billion to give
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Tsipras suffers serious knocks in prior actions vote but emerges on his feet
PoliticsGreek Politicssigned on Monday in Brussels, while 64 voted against, 6 abstained and 1 was absent in the 300-seat... to marshal his party as 32 voted against, 6 abstained and 1 was absent. This means that out of 162... leads the Left Platform (which voted en masse against the bill), said after the vote that he
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Newsletter 35 - 17/07/2015
of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion); 2... fell below the 1 billion mark by the end of May. The commission anticipates that the new programme
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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomybillion, which is the highest reading since December 2012. ECB funding rose by almost 1 billion to 39.8... currently from zero last December 2014 stems from: 1) Extended deposit withdrawals of around 48 billion
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What the latest set of prior actions mean for home foreclosures
Economylegal framework for foreclosures becomes effective as of January 1, 2016. According to local media... and conversion associated with the bail-in tool, will be applicable in Greece only January 1, 2016
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Primary surplus 3.1 bln above target in H1 on severe underspend
EconomyMacroeconomypercent in June to 575 million well below the previous months’ figures ranging between 0.9 – 1... below the FY target namely: 1) Grants to Manpower Employment Agency (at 21.3 percent of the annual
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Fitch puts Greek banks' capital needs between 11.2 and 15.9 bln
Economycertain assumptions. In the first scenario, the rating agency assumes: 1) Non-performing exposure (NPE... to continue to qualify as core capital. 5) Target Common Equity Tier 1 (CET1) ratio at 12 percent
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