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Manufacturing PMI edges up for second month in a row
EconomyMacroeconomyGreece’s Manufacturing PMI improved by 0.1 points for the fourth straight month in February reaching 51.3 points from 51.2 in January, according to Markit. The headline figure remained above the 50-point mark for the second consecutive month mainly led by output and new orders. As Markit points out
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Eurosystem funding for Greek banks eases by 2.18 bln in January
EconomyMacroeconomymainly stems from a decrease in ECB funding by 2.51 billion to 60.72 billion euros fully reversing
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Central government primary cash surplus at 1.7 bln to February
EconomyMacroeconomy. The deviation is mainly related to higher expenditure reported in BoG numbers on a cash basis. Cash
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomy576 million in January. This month’s negative flow mainly reflects corporate and household lending
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomyto 2007, mainly due to a slump in gross fixed capital formation by 64.4 percent and a 23.7 percent
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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsmillion will be given as a “social dividend.” The latter mainly involves one-off handouts to 1
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Buoyed by troika deal, Greece aims for rapid return to bond markets
Economy. The government’s optimism for a lower yield is mainly based upon the following indicators: The achievement
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Better income account helps squeeze Greek C/A deficit in January
EconomyMacroeconomysurplus fell slightly by 9 million YoY due to a worsening of the other services balance mainly related
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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
Economybudget will be included in the 2013 fiscal outcome on an accrual basis. These revenues are mainly
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Bank framework paves way for Eurobank capital increase, gives HFSF flexibility
EconomyBankingon the new bank recap framework mainly involves the drawn-out equity increase at Eurobank
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