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  1. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    at the end of May called for a C/A deficit at 3 percent of GDP in 2013 and to hover around 2 percent in 2014

    16%
  2. Greece and the euro: The flight of Icarus

    Agora

    this week showed that the primary deficit was reduced to just 2 billion euros in September. It is worth

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  3. Cyprus “success” preludes something bigger in European banking

    Agora

    in a handful of banks at the “core of the core”. In the next few months, Eurosystem Target 2 flows

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  4. In hindsight it would have been nicer

    Agora

    before interest payments) of 2 percent of GDP, as the troika has estimated. Even in nominal terms

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  5. 2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct

    EconomyMacroeconomy

    Support Program launched before the Greek crisis, in exchange for bank preference shares 2) 1.22

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  6. What is the state of play with Greek banks?

    Economy

    of) their business plans 2) the first exercise of warrants, particularly for Alpha, which

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  7. How Greek banks could cut 2014 financing gap with a bond rollover
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    the mandatory conversion after 5 years by an increase in the fixed return by a 2 percent step-up after

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  8. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    in 2013 and around 2 percent in 2014, while the IMF’s more updated estimates stand at 1.0 and 0.5

    16%
  9. Disposable income plunged 9.3 pct in Q2, dragging consumption down with it

    EconomyMacroeconomy

    income decreasing by 2 billion or 25.9 percent. Lower disposal income inevitably led to reduced final

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  10. Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row

    Economy

    targets) meeting annual targets, implying that an incremental amount of more than 2 billion should

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