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Industrial production rises by 5.2 pct in Dec, its highest growth rate since 2007
EconomyMacroeconomyGreeceās Industrial Production Index (IPI) rose for the second straight month at an accelerating pace of 5.2 percent in December from an upward revised 2 percent in November, the Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The December headline figure is the highest since
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Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomycompared to the Q3 drop decrease of 1 percent. In addition, Q4 GDP declined 2 percent YoY, decelerating
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Greek stocks nosedive 9.8 pct over week amid bank sell-off
Economy(-2 percent). In contrast, the top-3 losers were three of the four systemic banks, namely Eurobank
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Drop in CPI accelerates to 0.7 pct in Jan
EconomyMacroeconomyon month (MoM) drops were also posted by transport (-2 percent), household equipment (-1.8 percent
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Gov't offers improved terms to farmers in bid to break deadlock
Economypension funds (including OGA) into one. 2) Gradual phase-in of social security contributions from
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Unresolved pensions issues complicate the fiscal front
EconomyProgrammeestimated up to 3.7 billion (2 percent of GDP). Another issue relates to the pending pensions, i.e.
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Investment: The forgotten casualty of the Greek crisis
Agorathe GDP components, investments had the highest forecast error of 2 percentage points. The composition
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Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
EconomyMacroeconomyGreek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent in December, Bank of Greece (BoG) figures displayed on Thursday. The net lending flow turned negative again with deductions of 512 million euros in January, after short-lived additions of 210 million, which
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BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomy. Overall, banks would be required to substantially reduce their NPL stock within the next two years. 2
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Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
EconomyMacroeconomyof the annual target of 5.16 billion 2) Transfers to other entities of 37 million (from 60 million
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