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Greek trade deficit up 12.6 pct in Feb as imports rise
EconomyMacroeconomyand a drop in exports by 6.8 percent. The latter continued heading south for the fifth consecutive month.... Similarly to February, the 2-month drop in imports by 4.1 percent reverses to a 6.3 percent
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Jobless rate drops for fifth month to 26.5 pct in Feb but employed also falling
Economy. The monthly movement reflects a higher drop in the number of unemployed compared to that of employed. After... showing a MoM drop of 1.4 percent. The average unemployment rate stood at 27.3 percent in 2013
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Piraeus Bank reports loss of 247 mln for Q1
EconomyBankingpercent reduction in operating expenses, a 29 percent drop in impairment losses as well as elimination... funding facility to the Greek farmers (loans are disbursed in Q4 and repaid in Q1), the respective drop
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How Greek banks moved into a new era
Agoracontainment and a double-digit QoQ drop in loan provisions. Most of these trends are broadly expected... to continue showing a double-digit drop in the coming quarters. Although these positive trends
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomythe sharp drop in 2013, the interest rate in Greek new time deposits remains persistently above... a drop in corporate and household lending by 4.8 and 3.2 percent respectively.
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Unemployment rate edges down for sixth straight month to 26.8 pct in March
EconomyMacroeconomy. The YoY drop in the number of employed further decelerated to 0.3 percent in March, the slowest rate since... the 25-percent mark. The European Commission and the International Monetary Fund both estimate a drop
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Greek Q1 unemployment remains at record quarterly high of 27.8 pct
EconomyMacroeconomydeterioration year on year (YoY) in Q1 unemployment reflects a drop in the number of employed by 0.6... a 0.6 pps drop YoY. More than half of the employed are concentrated in five economic activities
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Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since January 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline... from 3.12 billion in April. The sharp drop in May had been communicated in Greek banks’ Q1 results
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BoG sees central gov't primary surplus to May at 1.06 bln on cash basis
EconomyMacroeconomy1.31 billion, the underlying figure stands at 16.82 billion, implying a 1.2 percent drop... smoother drop by 7.3 percent to 19.58 billion. The respective 5-month budget item stood at 19.81
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Greek primary budget surplus at 707 mln as revenues beat target in May
Economypercent to 5.56 billion, in line with the target. Consumption taxes showed a higher drop at -9.5 percent... by the increased tax refunds. Moving on the cost front, the drop in primary expenditure slightly accelerated
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