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Newsletter 6 - 5/12/2014
its highest reading since Q3 2011. 2 SYRIZA’s date with history Opposition's troubles will begin
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Eurogroup agrees two-month extension for Greek bailout but political developments to dominate
EconomyProgrammeThe Eurogroup decided on Monday that it would be "favourably disposed" to a request by Greece for a technical extension of 2 months to the current bailout programme. Earlier press reports indicated that Germany and the IMF would press for a 6-month extension, while Greece would favor a technical
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Greek deflation eases slightly to 1.2 pct in November
EconomyMacroeconomyrate of 2.9 and 2 percent respectively. The harmonised CPI displayed a similar trend in November
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomythe full-year target of 52.8 billion. Although December revenues are seasonally high (2 billion
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Rare rise of 2.1 pct in Q3 for Greek wages index
EconomyMacroeconomypositive reading was recorded in Q1 2014, when the index rose by 2 percent. However, that number
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The one question SYRIZA needs to answer
Agorafrom the EFSF, around 2 billion euros of SMP profits and 3.5 billion euros from the IMF. The fact
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Conditions for Greek ECCL reportedly outlined in German document
EconomyProgrammethreat related to the financial stability in the eurozone. 2) A debt sustainability analysis
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Q3 unemployment falls to 25.5 pct, lowest since 2012, but long-term jobless reach new high
EconomyMacroeconomyis the highest since Q4 2012. Unemployment among women dropped by almost 2 pp YoY to 29.2 percent
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PM and SYRIZA deaf to calls for compromise over president so far
PoliticsGreek Politicsthat SYRIZA wants to reduce Greek debt servicing costs to 2 billion euros per year. The SYRIZA leader
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Sharp monthly rise in unpaid taxes to 1.59 bln for November
EconomyMacroeconomyin the first half of 2014 and 2 billion for the whole year. Although the first target was actually
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