Reopening of 7-year bond affirms tougher conditions on sovereign debt market
S&P moves Greece closer to investment grade, puts focus on budget and growth
BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
IMF urges caution on public finances
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Building permits leap by 42.9 pct in Nov, taking year-to-date rise to 27.5 pct
December fails to boost Greek retail sector: Sales fell by 6.7 pct
Greece’s retail trade index fell by 6.7 percent in December in terms of turnover and was down by 6.1 percent as far as volume is concerned, according to data published by the Hellenic Statistical Agency (ELSTAT) on Friday.
During the crisis household consumption in Greece has shrunk by 28 percent, disposable income has been reduced by 32 percent. Also, approximately a third of the population is in material deprivation. So it is not surprise that retail trade is one of the...
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