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Newsletter 57 - 08/01/2016
that they should have been adjusted in May 2015. For most areas, the adjustment will result in a 10–20 percent... fell to 24.5 percent in October, its lowest rate since May 2012. The number of employed slipped... the number of unemployed has contracted by 123,200, mainly on the back of a strong tourism season
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Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June
EconomyMacroeconomymillion over-performance in May. Following the strong growth in June, the aggregate figure for the first... of 433 million in May. This largely reflects a month on month recovery of revenues by around 600... of 15.9 percent recorded in May. The absolute figure stood at 3.97 billion euros in June, which
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The cat is out of the bag: Europe's politics is a mess
Agoraby Cameron’s successor, Theresa May. The appointment of a man famed for his buffoonery and insulting... by strong words and weak actions. Renzi now faces the possibility that his country’s banks.... However, Europe may need to ask itself for how long and how far it can ride on the coattails of a leader
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomy, retail sales fell by 2.6 percent in May compared to March, at an accelerating pace vis-à-vis.... Industrial turnover in April and May continued declining at double-digit rates of 13 to 14 percent compared...) plunged by 31.5 percent in May after a 5.3 percent decline in April compared to a mid-teen drop posted
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Multi-bill approved, coalition looks for positive news to fend off opposition attacks
PoliticsGreek Politicsit will not be a major overhaul of the cabinet, Tsipras may be able to create a sense that the government is turning... that this will happen. Much may depend on what a committee of experts appointed by the government to propose a new... has already indicated it will demand the government step down. Another tactic to pressure Tsipras may
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Newsletter 100 - 16/12/2016
in Parliament. Potami and the Union of Centrists adopted the same stance. Tsipras may have also been... negotiations on labour and fiscal fronts may resume later The appropriate primary surplus target... representatives also sent another strong message on labour market reforms, criticising the government
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Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
Economy13.5 percent during May due to the strong performance in the first two weeks of the month when..., Terna Energy and Viohalco hold their AGMs on May 30 followed by Mytilineos and Metka AGMs on June 1. In addition, Alpha Bank releases its Q1 results on May 31, while Hellenic Exchanges trades ex
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Newsletter 134
included in the MTFS, which was only submitted in mid-May. Total revenues have been downward revised from... The government has acknowledged that the fiscal targets of the 2018 draft budget may be hampered... billion euros. Direct taxes estimates for 2018 have also been downward revised from the May MTFS
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Newsletter 138
form of monitoring, which may not be palatable to some in the eurozone, including the next... quarter of the year on a positive note despite the slowdown. The growth in October was driven by strong... percent posted in July. The latest figure is the lowest reading since May. Breaking down the numbers
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Newsletter 142 -1/12/2017
to a botched deal to sell ammunition to Saudi Arabia, but it may not yet have weathered the worst... and that the Saudis may have decided to only take 100,000 shells, with the remainder secretly going... by compliant media, that many observers find reminiscent of the 1980s. More accusations of scandals may
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