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  1. Greek stocks rebound 1.9 pct during week

    Economy

    , weighed by a drop in sales by 6 percent to 1.05 billion, while EBITDA fell 15 percent to 79 million

    12%

  2. General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    , arrears have increased by 714 million, a rise of 12 percent on the end-2015 figure of almost 6 billion

    12%

  3. Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
    Photo via Flickr https://flic.kr/p/r7FCCf

    Economy

    euros, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80 percent

    12%

  4. Newsletter 77 - 10/06/2016

    Newsletters

    billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80

    12%

  5. BoG proposes debt relief measures and lower primary surplus target from 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    5) Greek government bond (GGB) rates of 4.25 percent 6) IMF loan rates of 3.65 percent until 2020

    12%

  6. Commission sees lower Greek financing needs, provides timetable for course of programme

    EconomyProgramme

    billion, while privatisation receipts of around 6 billion are also expected to lower financing needs

    12%

  7. Lower foreign arrivals lead to 7 pct drop in April travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    the 5-month period. SETE projects foreign arrivals to rise by more than 6 percent to 25 million in 2016

    12%

  8. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    Tax evasion in Greece is estimated to range from 6 to 9 percent of GDP, involving tax losses from 11 to 16 billion a year – the equivalent of almost one third of public revenues – according to a new study conducted by Ernst and Young for the Athens-based think tank Dianeosis. In specific, the study

    12%

  9. Deposit flow turns positive in May with inflows of 184 mln

    EconomyMacroeconomy

    by 3.9 billion until July 6, which indicates the sharpest drop since December. The last ECB decision

    12%

  10. Tsipras travels to China hoping to fulfil ambition of closer Sino-Greek ties
    Photo via Flickr https://flic.kr/p/7UPobA

    PoliticsForeign Policy

    Even before SYRIZA came to power, it was interested in improving Sino-Greek relations so Prime Minister Alexis Tsipras now has an ideal opportunity to try to achieve this as he heads for a visit to Beijing from July 2 to 6. Tsipras will be visiting China after being invited there by the country’s

    12%