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  1. Greek primary budget surplus rises to 2.53 bln at end of September
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    Economy

    on month (MoM) improvement mainly reflects higher revenues by almost 1 billion euros in September..., 1.24 billion better than target. Cost containment mainly reflects a double-digit drop in grants

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  2. ECB stress tests and what they will mean for Greek banks
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    Economy

    is an Asset Quality Review (AQR) mainly involving banks’ asset and collateral valuation as well as related... is based on receiving precautionary support from the eurozone, which mainly involves the return

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  3. Greek deposit and loan rates slide in September

    EconomyMacroeconomy

    rates and T-Bill yields within 2014 mainly reflects last year’s movements, when time deposit rates... a defined maturity (mainly credit cards) remained flat at 14.46 percent. The rate of loans to sole

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  4. Slight uptick in October for Greek PMI, which remains in contraction

    EconomyMacroeconomy

    . The slower decline in new orders is mainly attributed to renewed growth in exports sales, which had... goods were also trimmed, mainly reflecting reduced buying levels following waning demand. However

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  5. Car sales still going strong in 2014; up by 33.7 pct in October
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    EconomyMacroeconomy

    indicates a slightly slower increase (up 28.1 percent), mainly reflecting two single-digit readings... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well

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  6. Greece returns to growth after long recession, GDP figures show
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    EconomyMacroeconomy

    since 2008 mainly reflecting a cumulative drop in the disposable income by 29 percent on increased.... Exports of services showed a healthy growth of 15.6 percent in Q2, mainly reflecting strong tourism

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  7. Greek current account surplus up to 1.6 bln in September after fourth straight rise

    EconomyMacroeconomy

    (BoG). The substantial improvement mainly reflects an increase in the services’ surplus by 425 million... in the current transfers’ surplus by 23.4 percent to 2.79 billion is mainly attributed to lower

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  8. Target revisions leave 880 mln budget shortfall in Oct despite 2.6 bln primary surplus
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    Economy

    , the expenditure target was lowered by 501 million to 49.24 billion euros in 2014, mainly reflecting... following the significant drop of 24.7 percent in October. This was mainly due to income tax (down 27.3

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  9. Piraeus Bank posts net loss of 1.56 bln in Q3
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    EconomyBanking

    is fully attributed to Greek operations and mainly stem from higher deposit NII reflecting a further... benefits in the coming quarters. Cost containment mainly reflects lower personnel expenses primarily

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  10. Greece moves closer to troika over fiscal gap, waits for response
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    EconomyProgramme

    In an effort to reach a compromise with the troika, Greek authorities have a range of proposals mainly aimed bridging the anticipated fiscal gap of about 2.5 billion euros for 2015. Local media... of 100-120 million for 2015, involves changes in the pension system mainly related to: a) Increase

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