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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
EconomyMacroeconomyGreece’s retail sales growth moderated to 1.7 percent year-on-year (YoY) in November, after a rise of 5.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. Over the eleven-month period, sales have only dropped annually twice, in May and September
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New Left leader quits as progressives continue to search for coherence
PoliticsGreek Politicssuffers a sharp decline of 1.5 points to 9.6 pct. SYRIZA remains stuck at 5.5 pct, showing no sign
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Macron visit to herald deepening of Greek-French defence and energy ties
PoliticsForeign PolicyBarracuda submarines valued at 5.5 billion euros to cooperation in land systems via KNDS, including
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A varied set of views on China
Agoraof inferior quality to that of western goods. In short, while Greeks are not disposed negatively... in their eyes. Nor do they envy life and work in China, and find Chinese commodities of inferior quality
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Greek banks' Eurosystem funding down for second month in a row in Feb
EconomyMacroeconomypercent of total Eurosystem funding. In contrast, the ELA funding in February landed at its lowest
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Greece poised to build on investor sentiment with return to bond markets
Economyof 5 billion euros at a yield of 5.90 percent. The Greek 10-year yield landed marginally north of 6
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Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010
EconomyMacroeconomyGreek banks’ Eurosystem funding dropped in March at the fastest pace since May 2013. It fell by 7.3 billion in what was the third successive month that funding declined, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure landed at 60.69 billion, its lowest
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SYRIZA stumbles again on way to May elections
PoliticsGreek PoliticsSYRIZA landed itself in more hot water this week with its candidate choices for next month’s local and European Parliament elections, creating more doubt about the party’s credentials. The leftist party has dropped one candidate, another has been forced to step down, while a third may also have
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Piraeus Bank reports loss of 247 mln for Q1
EconomyBankingthe elimination of deferred tax asset (DTA), the fully-loaded Basel III CET1 landed at 11 percent. The latter
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomyfor the second consecutive month in April. It landed at 3.03 percent from 2.81 percent in December
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