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Eurogroup decision on contingent measures, debt leave Tsipras with tough task at home
PoliticsGreek Politicsthat the differences remaining over the other 3 percent of GDP in measures for this year had largely
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Stocks surge 5.4 pct during week amid hopes for swift conclusion of review
Economy(-3.3 percent), Lamda Development (-3 percent) and Folli-Follie (-1.5 percent). The trading
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Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
EconomyMacroeconomypercent of the annual target of 1.45 billion) 3) Consumption and non-allocated expenditure (at 126
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Hopes of swift deal on contingent measures doused by technical, political complications
PoliticsGreek Politicsarisen in the effort to agree the original package of measures, worth 3 percent of GDP or 5.4 billion
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Compromise emerges on liberalisation of NPL market
EconomyProgrammeBeyond the convergence between Greece and its lenders on the basic package of austerity measures worth 3 percent of GDP, the government and the institutions appear to have clinched an agreement on the sale of non-performing loan (NPLs). A moratorium has reportedly been agreed on the sale of primary
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Retail sales down 7.3 pct in Feb for highest drop since July 2015
EconomyMacroeconomy. ELSTAT figures also showed that the seasonally adjusted retail sales and volume fell by 2.4 and 3
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Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders
Economyalmost agreed on measures worth 3 percent of GDP (5.4 billion) to achieve a primary surplus target
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Substantial ground for Greece and lenders to cover before May 9 Eurogroup
PoliticsGreek Politicsto support the basic package of 3 percent of GDP in austerity measures. This has led to Athens
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EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
Economythat additional savings of 3 percent of GDP by 2018 are envisaged by the Greek government to reach the primary
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Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct
EconomyMacroeconomyGreek households’ new time deposit rate eased for the third straight month, albeit modestly, by 3 basis points (bps) to 0.88 percent in March, Bank of Greece (BoG) data displayed on Wednesday. The headline figure indicates a new low for time deposit rates since 2002. Since the imposition of capital
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