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  1. Greek government's proposals to bridge gap with lenders appear to fall short

    EconomyProgramme

    Along with the letter sent by the Greek Prime Minister Alexis Tsipras yesterday requesting a new 2-year loan from the ESM and extension of the second bailout programme for a short period... these relate to the institutions’ prior actions linked to the completion of the second bailout

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  2. The lenders proposals on debt and funding needs that Greeks will vote on in referendum

    EconomyProgramme

    easing from 172.8 percent in 2015 to 137.5 percent in 2020 and to 124 percent in 2022. The second... account to cover debt servicing (payment to the IMF of 1.6 billion due on June 30). 2) The second

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  3. An impossible choice

    Agora

    , the political authorities in Athens are at risk of defaulting to a second international creditor... process. But reopening the expired terms of reference of the second financial assistance programme

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  4. Greek trade deficit plunges by 24.2 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    billion in May, which is the second lowest reading so far in 2015. The sharp drop in May trade... in May, which indicates the second highest reading year to date. The drop in imports also follows

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  5. Car sales rise by 21.7 pct in June for fifth straight increase above 20 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    mark and the twenty-second successive positive reading over almost two years. In absolute terms, the number of road motor cars reached 12,751 in June, which indicates the second highest reading

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  6. Revenues 705 mln short in June but expenditure above target by 961 mln

    Economy

    figures displayed revenues (before tax refunds) continued heading south for the second straight month... reached 2.96 billion remaining below the 3-billion mark for the second successive month. The year

    17%

  7. Cash primary surplus reaches 1.3 bln at end of June on lower expenditure

    EconomyMacroeconomy

    for the second straight month by 25.3 percent in May, whilst budget revenues had contracted by a slower... billion in June remained below the 3-billion mark for the second successive month. Cash expenditure

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  8. Tsipras holds off on reshuffle, suggests no way back for rebels
    Photo by MacroPolis

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras put off plans for a reshuffle on Thursday and may delay changes to his cabinet until next week, when a second set of measures demanded by lenders are due to be voted... their position and vote for the second batch of prior actions, which have to be passed by Wednesday. The other

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  9. Eurobank acquires Alpha network in Bulgaria, kicking off round of consolidation abroad
    Photo by MacroPolis

    EconomyBanking

    and neutral for Alpha, while Postbank is expected to benefit from synergies from the second year... year on year to 63 percent in Q1. Postbank is the second largest Eurobank subsidiary abroad

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  10. What the latest set of prior actions mean for home foreclosures

    Economy

    The second draft bill containing prior actions requested by Greece’s lenders is due to be voted on in the Greek Parliament late on Wednesday. The final bill includes only the two measures referred... and the remaining 10 percent would satisfy non-preferred creditor claims. On the second key element

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