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Greek primary cash surplus widens to 3.2 bln in 7-month
EconomyMacroeconomyrepos to cover short-term funding gaps. The year to date movement in long-term loans mainly... billion at the end of July and mainly reflects: a) The elimination of the guarantees related
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Car sales up by 20.8 pct in August but rise continues to slow
EconomyMacroeconomyof the 8-month period in each of the preceding five years mainly for seasonal reasons. The aggregate...) the double-digit rebound in car sales this year mainly stems from improved consumer confidence and strong
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Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
Economyin July. This is mainly attributed to a month on month (MoM) drop in revenues to 3.51 billion, broadly... billion, 423 million short of target. This mainly reflects an underperformance of property taxes, while
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomy(ENFIA) revenues, these developments mainly involve the impact from: a) Retrospective reversing of the 10... as of the beginning of 2015. The implementation of close to 1,000 prior actions mainly related
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Greek time deposit rates fall further in August
EconomyMacroeconomyof contraction between time deposit and T-Bill yields within 2014 mainly reflects last year’s movements when... the 3-percent mark, while the rate for consumer loans without a defined maturity (mainly credit cards
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyby 11.4 percent in July. However, July’s performance is mainly attributed to the implementation... to cover short-term funding gaps. The year to date change in the long-term loans mainly stems from
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Retail sales rise in July for second straight month - not seen since 2010
EconomyMacroeconomymainly reflects a double-digit increase in books, stationery and other goods (+11.5 percent... percent, mainly attributed to the beginning of the summer sales period in mid-July. Clothing
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Increase in car sales accelerates to 44.3 pct in September
EconomyMacroeconomypercent), mainly reflecting two single-digit readings in the fourth quarter of 2013. The bulk (more... is mainly attributed to improved consumer confidence, strong tourism leading to increased Rent-a-Car fleets
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Greek economic contraction during crisis higher at 24.6 pct, revised data shows
EconomyMacroeconomythe previous estimate) mainly stems from: a) A positive impact of 2.89 billion euros from methodological... million from statistical changes mainly related to external trade data and calculation of general
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Greek banks see Eurosystem funding drop to lowest level since 2009 in September
EconomyMacroeconomydecline is mainly attributed to the capital increases of 8.3 billion euros and higher interbank... March 2015, Greek banks replaced central bank funding mainly with interbank lending within 2014
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