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Third review seen taking longer than Athens had hoped
PoliticsGreek Politicsis considered easier than previous inspections by the creditors. The official’s comment, though, indicates... stance on the Greek issue than the SPD and Merkel’s CDU and this may upset Greece’s hopes of seeing debt
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First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
Economyover mid-swap. Market reaction was positive and by 11 CET the books had more than 11 billion euros... of 0.888 pct. More than 300 accounts were drawn in, dominated by real money. Hedge funds accounted
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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomyOn a monthly basis, net revenues came to 2.67 billion euros which was 1.19 billion euros lower than... budget total revenues stood at 21.26 billion euros, lower than the target by 3.50 billion or 14.1... or 26.1 percent. Stamp duties underperformed by 22 million (-21.3 percent) and car registration
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PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
PoliticsGreek Politicstrying to get the experts to rubber stamp its policies rather than genuinely seeking their advice... to an 8.2% contraction last year. This figure was slightly lower than the 4.8% included in the 2020... much further than this and essentially provides blanket immunity. He suggested that the tweak
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PASOK sets terms for leadership debate as voters show mild interest in vote
PoliticsGreek Politicsin the European Parliament elections in June, but 3 points higher than SYRIZA’s poll score. Support...-minister, Pavlos Geroulanos, on 16 pct. No other candidate gets more than 4 pct support. New... with the PM meeting ministers to rubber stamp the government’s latest attempt to address the housing crisis
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SYRIZA suffers new split as Kasselakis storms off to form own party
PoliticsGreek Politicswas due to rubber stamp the candidacies for the upcoming leadership vote, which was triggered... that it would be a truer representation of leftist politics than SYRIZA, which he argued had become a party more focussed on preserving its processes and personalities rather than on policy. While his
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Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates
EconomyMacroeconomythat the recession reached 3.7 percent in 2013, which was slightly better than the latest Greek government
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General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus in the first two months of 2014 more than doubled to 3.54 billion from 1.45 billion last year, according to the gg bulletin released by the Ministry of Finance on Wednesday. The gg cash balance also showed a surplus at 1.93 billion from just
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Greek May CPI falls 2 pct in one of biggest drops for more than a year
EconomyMacroeconomyin more than 45 years, the latest forecasts by the troika institutions and the Greek government point
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomyThe Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9
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