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Fuels propel 10.1% rise in retail sales for May despite volume drop
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Eurobank profits at 738 mln in H1, commissions jump by 13.5% to 414 mln
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Producer price index slows to 8.8% YoY in June, as energy continues to have impact
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Economic sentiment moderates slightly in July, while consumer confidence rises
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Unemployment rate stable at 8% in June
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Building activity slows in April with 4.2% YoY rise
Debt position provides protection against global turbulence
The eurozone sovereign debt markets experienced turbulence last week due to a number of interrelated factors. It is precisely for this type of situation that, as we have previously highlighted, Greece's debt profile has several mitigating factors aimed at helping it avoid any unwanted attention from the markets.
Over the past week, yields in eurozone bond markets have risen, with the Greek 10-year benchmark yield trading in the region of 3.7 pct, up from 3.2 pct at the end of last month and 2.8 pct at the end of last year.
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