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  1. Newsletter 103 - 20/01/2017

    Newsletters

    that are set to kick in after the end of the programme in 2018. Athens needs this clarification in order...-case scenario. Specifically, starting from a fully-loaded common equity tier 1 (CET1) ratio of around

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  2. No fear of the bear? Bilateral economic relations between Germany and Russia
    Photo by Kostas Tsironis/Fosphotos

    Agora

    no signs of decline. Per the Russian Direct Investment Fund, a sovereign-wealth fund set up to assist...) by the end of 2016. German firms invested nearly 1 billion euros into the Russian economy in the first

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  3. Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell by 2.7 points in January after improving by 1 point in the previous month, the Markit survey displayed on Wednesday. The PMI landed at 46.6, which is the lowest... firms look set to try to alleviate their cost burdens over the coming months,” Markit noted.

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  4. Space and time the missing elements in Greek bailout talks
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    . The IMF believes that the fiscal targets the Europeans have set Greece (3.5 percent for 5-10 years after... that the government collects, another 1 billion is added to the massive pile of unpaid debts (totalling 95.29

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  5. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    respectively. Unemployment is set to drop steadily in the next two years on the back of labour market... inflation of 1.3 and 1 percent is expected for 2017 and 2018 respectively. The key downside risks

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  6. Newsletter 107 - 17/02/2017

    Newsletters

    points of the review have been settled, the discussion could turn to the detailing of the next set... write-offs in the course of 2016, reaching a record high of 2.54 billion, up by more than 1 billion

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  7. Greece forced to revisit prickly subject of pension spending to conclude review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    pension, which is a fixed amount set at 384 euros for 20 years of contributions, and the contributory... involves applying the new rules to existing pensions, which could deliver savings of 1 percent of GDP

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  8. Newsletter 108 - 24/02/2017

    Newsletters

    of measures would be agreed together and would apply from 1 January 2019. What the coalition has.... The institutions had requested this threshold be set at 50,000 euros. For debt restructuring to be approved

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  9. Slow progress on fiscal, impasse on labour keep review deal on hold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in Athens that the labour issue may be set aside if it proves the only obstacle left to concluding... than the reduction of the tax-free threshold, each of which are currently slated to yield 1 percent

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  10. What Dijsselbloem didn't say
    Photo by Fosphotos

    Agora

    it makes is defined by the terms its lenders set out. Seven years on since the first bailout..., the euro area’s overall current account “stayed moderately positive,” never exceeding 1 percent

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