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  1. A breakdown of the funding needs involved in Greece's third bailout

    EconomyProgramme

    of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion) 2... increased to 7 billion, which the commission notes needs to be cleared. In the absence of any official

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  2. Newsletter 37 - 31/07/2015

    Newsletters

    , following some 7 billion euros lent to Greece earlier in July, may have to be arranged. Alternatively... billion euros, deposits are at their lowest point in 12 years. 2 From the troika to the quartet Re

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  3. Economic situation biggest worry for Greeks, latest Eurobarometer shows
    Photo by MacroPolis

    Society

    of the EU in Greece are continuing to improve. Now, 25 percent (+ 2 percent on the last poll) of Greek... Eurobarometer. Just under three in five (54 percent, -7 points) also said that they believe the “worst

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  4. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    for 2016-19. Among others, the latter will include: 1) The second phase of pension reforms 2) Reform... (GGR) to 30 percent 7) Increase in the tax rate on rental income from 11 to 15 percent for income

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  5. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    that was not collected 2) Extension of submission of personal income tax (PIT) declarations that led to a delay... of 390 million. PIB revenues and expenditure were subdued in July at just 7 and 44 million respectively

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  6. Greek politics to dash voters hopes again

    Agora

    unfolded quite predictably. The eurozone called a summit which lasted until 7 a.m. on Monday July 13th... that creditors require, the economy is expected to contract this year between 1.5 to 2 percent

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  7. No let up ahead in terms of fiscal demands for new Greek government

    EconomyProgramme

    with property or capital income. 2) Identification of business income tax incentives and integrate... to 2018. 7) Better target eligibility to halve heating oil subsidies in 2016 budget. 8) Permanently

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  8. Drop in trade deficit slows to 8.8 pct in August as decline in imports decelerates

    EconomyMacroeconomy

    decline by 7 percent. Stripping out the impact of oil products, the trade deficit plummeted by 27.5..., imports fell at a much slower pace by 2 percent, while the respective exports rose by 12.3 percent

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  9. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    programme in mid August. A further reduction by 1 billion euros was decided by the ECB on October 7... and the ECB funding, the respective collateral pledged by Greek banks with the BoG fell by 2 and 1.1 billion

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  10. Strong start for Greek stocks but they end week down 3.4 pct

    Economy

    of 2 billion euros was voted on Thursday evening but a few significant issues remain unresolved... mark for the first time since October 7. Corporate news NBG announced a bond tender offer on Monday

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