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Newsletter 32 - 26/06/2015
it has been since December 2012. ELA reached a total of 77.58 billion euros at the end of May. May saw
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Final push for "Yes" and "No" campaigns as referendum result hangs in balance
PoliticsGreek Politicsstrong objections to the government’s proposal to lenders, which saw the reduction to defence
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
Economystating they saw a drop in turnover, with 18 percent indicating a nosedive above 50 percent and 51
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Total health spending down to 8.65 pct of GDP as public healthcare sees big drop
Societyfrom 2012 to 2013 it was -7.3 percent. Residential or long-term care facilities also saw their funding
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Refugee crisis poses multiple political challenges for Tsipras
PoliticsForeign Policyand described the conditions he saw as “appalling.” #asylum seekers, appalling reception conditions. Somewhere
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Early gains in Greek stocks cancelled out in second half of week
EconomyAfter a rebound in the first two trading sessions of the week the Greek stock market headed south in the next three days, ending with marginal losses of 0.4 percent. This follows a nosedive of 15.2 percent in the previous week, which saw the first trading after the imposition of capital controls
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Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
EconomyProgrammeGreek Parliament approved with a broad majority, even though Prime Minster Alexis Tsipras saw
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New Democracy heads for leadership vote as opposition ponders poll result
PoliticsGreek PoliticsNew Democracy is expected to hold a leadership contest later this year as the conservatives look to bounce back from a disappointing showing in Sunday’s elections. The party saw its share of the vote increase slightly to 28.1 percent from 27.8 percent in January but the number of voters decreased
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Hotel guest numbers up 8.7 percent in 2014
Economyregions showed an increase in hotel arrivals. Attica saw the biggest jump (19.5 percent), followed
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Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound
EconomyThe Greek stock market saw only marginal movement this week except on Thursday when it rebounded 2.7 percent, led by a sharp rise of bank shares by 13.9 percent amid rumors that capital needs would be manageable. Overall, Greek shares edged up for the second straight week but at a slower pace
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