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Cabinet reshuffle leaves some bitterness within SYRIZA
PoliticsGreek Politicsrecent congress, Fylis received strong support from the party delegates during his appearances... departure from the Energy Ministry. Skourletis also attracted strong support at the SYRIZA congress... also insisted that the coalition has no plans to do anything other than work to achieve an economic
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Stocks rebound 1.5 pct during week, banks climb 4.6 pct
Economyof increased 582.59 on Friday, but has lost 1.4 percent since the beginning of the month. The strong... the year to date positive flow to more than 768 million euros. Corporate news National Bank... Minister after meeting with the bank’s CEO, there is a strong pressure for CEO resignation, while
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Car sales soar 22.8 pct in first month of 2017
EconomyMacroeconomy. Passenger cars make up more than 81 percent of car sales, while around 41 percent are registered... than the 13.5 percent growth rate recorded in 2015. Despite double-digit growth in each of the last four years with a cumulative strong rebound of 66 percent since the low of 77,675 recorded in 2007
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Car sales increase by 43.5 pct in March and 35.6 pct in Q1
EconomyMacroeconomyshare and accounted for more than 84 percent of car sales, while more than 61 percent are registered in the Attica prefecture. Following another month of strong growth, the aggregate figure... in the last few years mostly reflects renewal of rent-a-car fleets, on the back of the strong volume
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Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
EconomyFeaturesoversubscribed with more than 550 orders from the investment community. Poul Thomsen, IMF’s mission chief... the April transaction indicated strong demand from real-money investors, with foreign investors..., while the 10-year yield recorded a smaller drop of more than 100 bps well below the 6-percent mark
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Newsletter 132
the end of the programme. This is larger than the 9-billion-euro buffer that was discussed at the June..., also reflecting weak performance in the second half of 2016. The strong performance in July originates... account surplus at 1.57 bln in July Strong performance in services balance, primary and secondary
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Auctions, strikes trouble Tsipras but focus still on programme exit
PoliticsGreek Politicswill require a quorum of more than 50 percent of first-degree unions to call a strike, rather than a third... added to the discomfort within the government over this issue. This also provoked a strong reaction... a clear majority and keeping the leftists in a strong position even if they have to settle
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S&P sees improved fiscal and growth prospects, raises credit rating to 'B'
Economyfurther debt relief, liquidity in the banking system improves and exports accelerate leading to strong current account surpluses. The current upgrade reflects Greece’s strong public finances... conservative than the Greek government’s forecast. The new rating is also supported by the low cost of debt
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomyyear-on-year and 8.2 pps lower than the 2014 high. Broken down by age group, the largest year-on-year... a point higher than January but improved by 3.6 percentage points since last year. Western Macedonia..., the balance improved by 8,114 assisted by strong seasonal jobs hires in accommodation and catering
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High level of opposition to Macedonia name deal seems to boost New Democracy’s ratings
PoliticsGreek Politicsname deal, which has received strong backing from European officials but is proving to be highly... about the political cost of settling a dispute that has lasted more than 25 years because he believes... because he knows that there is a strong dislike for it within his party. In a statement on Thursday
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