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Troika returning to Greece but key decisions still months away
PoliticsGreek Politicsvalidated data on April 23. Instead, the focus of the troika’s latest visit will fall largely... the data: Commitments are commitments,” said Stournaras in reference to the November 2012 Eurogroup
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EC sticks with 0.6 pct growth for Greece in 2014 but also sees C/A deficit
EconomyIn its winter economic forecasts released on Tuesday, the European Commission (EC) notes that recent data support expectations that Greece should return to growth in 2014. Confidence indicators continue to improve, whilst hard data releases suggest the first signs of recovery. The EC retains its
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Manufacturing PMI edges up for second month in a row
EconomyMacroeconomy. Data also showed sharp and accelerated reductions in both stocks of finished goods and purchases..., according to the European Commission data released on February 27. Economic sentiment improved by 2.2
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomyofficial data showing an 8 percent (2.6 billion) drop in the third quarter of 2013. Despite the deposit... quarter, according to BoG latest data. As expected, the consumer credit sector excels with its NPL
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Manufacturing PMI moved back into contraction territory in March
EconomyMacroeconomyamid cash flow issues. Although March data showed further increases in both output and new orders... quarter”. In contrast to PMI survey data, the economic and business indicators released by the European
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Greek retail index dropped 4.3 pct in January
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell by 4.3 percent in January and volume eased by 1.9 percent, according to data published by the Hellenic Statistical Agency (ELSTAT) on Friday. Both... hard data, consumer confidence improved for the second straight month in March reaching its highest
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Another big drop for building activity, which fell by 35.3 pct in January
EconomyMacroeconomythe 1,000-mark for the first time since 2001 when historic data are available. Due to a freeze on public works... to the latest official data by the Bank of Greece. At the same time, shrinking building activity
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Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010
EconomyMacroeconomy, the lowest reading since December 2012. March deposit data is due to be released by the BoG... available bank data (end 2013) indicate that the ratio of Eurosystem funding to total assets ranged
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In Spain, the best generation is in danger of becoming the lost generation
Agoraunder 34 left the country, mostly to other European nations, according to official data. However..., the latest data from Spain’s National Statistics Institute (INE) shows. “After getting a double degree
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyextended to 85 billion. The latest Finance Ministry data indicates bank support scheme guarantees... data for 2013, the ratio of Eurosystem funding to total assets ranged from 12 percent for Piraeus
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