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After an international agreement comes the domestic politics
Agoramade it clear that he will not support the agreement, leaving SYRIZA (which has 145 MPs) with less than... the common sense behind the agreement rather than use it as a stick to beat his main political opponent... than Greece’s. New Democracy also provided indirect support for the public rallies on this matter
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May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
EconomyMacroeconomythan the target by 561 million euros. The breakdown showed that in the first five months of the year... for the month of May, higher than the figure of 3.23 billion in April and 12.4 percent higher than... of 328 million in the first five months of the year, 518 million better than the target.
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammebillion euros of the programme, 27.4 billion less than the initial envelope. Both DSAs assume complete... is for non-bank assets. The assumption is also that more than three-quarters of the bank recap fund... in 2060. This is roughly 60 basis points higher than the last DSA’s assumption when Greece’s
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More changes needed to unlock private sector's potential, report says
EconomyFeaturesdominated by small firms, rather than larger, productive companies serving international markets... added affected micro firms (less than ten employees) the most but also impacted small businesses... at around 80 percent of the nominal value in 2008.” While this has led to large firms’ (more than 250
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Newsletter 171 -20/07/2018
rather than making a break from the past. This argument will seem much less convincing if Tsipras... on the fact that before the recession began the economy dominated by small firms, rather than larger... for the month of June, higher than the figure of 3.43 billion in May and 32.4 percent higher than
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Deadly wildfires likely to heap pressure on Tsipras and ministers
PoliticsGreek PoliticsDevastating wildfires around Athens are thought to have claimed the lives of more than 50 people... in more than a decade. Not since fires caused havoc in parts of the Peloponnese in 2007, when almost... similar questions last summer, when a vast fire burned for more than three days northeast of Athens
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Newsletter 172 -27/07/2018
questioned The deadly wildfire in Mati, northeast of Athens, which claimed more than 80 lives has... to the agency’s expectations, there are reversals of reforms, or if growth is weaker than expected, both.... Primary expenditure was confirmed at 4.28 billion for the month of June, higher than the figure
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Are you not entertained?
AgoraGDP in 2017 was close to 64 billion lower than the pre-crisis levels. This drop of 25 percent... drop. The index of wages in the middle of 2015 was almost 30 percent lower than the first quarter of 2010. Although having partially recovered since, on aggregate Greeks take in 23 percent less than
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomywas reduced by 3.8 billion euros quarter-on-quarter (QoQ) to 88.6 billion, 1.6 billion lower than the target of 90.2 billion. The NPE ratio stood at 47.6 percent in Q2, slightly higher than the anticipated.... During the quarter, corporate NPLs came to 32.4 billion euros, roughly 600 million lower than the target
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Take your seats
Agora, at the end of July (less than a month before the third MoU ended) and the SYRIZA-Independent Greeks... leaving the programme after more than eight years of gruelling fiscal (mostly) and structural (less so... the impression that he had any greater grasp of the bigger picture than in 2015, despite his
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