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Newsletter 109 - 03/03/2017
indicates the first negative reading since last August. The corresponding volume also fell by 1 percent
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Round of talks nearing end with limited progress, serious doubts about March 20 goal
EconomyProgrammeand pensions worth 1 percent of GDP each, while the government wants lower savings of around 0.75 percent
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Athens sees faster pace of progress in review talks but no final deal yet
EconomyProgrammedemanded interventions in the tax and pension system yielding savings of 1 percent of GDP each via
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Piraeus Bank appoints new CEO, ending a long period of uncertainty
EconomyBankingchairman on November 1, 2016. Following the appointment of the CEO, Handjinicolaou noted
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Unemployment rate stable for third month at 23.1 pct in Dec
EconomyMacroeconomy, the unemployment rate has decreased 1 percentage point (pp) attributed to a modest rise in the number
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Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
EconomyMacroeconomyin 2017, Andreadis noted. In addition, travel receipts are projected to increase by at least 1 billion
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Tsipras invokes political solution to resolve labour reform stand-off
PoliticsGreek Politicsto pre-legislate a reduction of the tax-free threshold worth 1 percent of GDP and the same, or nearly
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Stocks dip by 0.2 pct, lack of trading activity continues
Economy. The bank expects the transaction will slightly enhance its third-quarter pro-forma Common Equity Tier 1
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Multiple potential benefits await Greece if it can clinch QE eligibility
EconomyFeaturesand issuer limits of 33 percent each and the 1 to 30-year range of residual maturity applied
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Wages index edges up 0.2 pct in Q4, drops 2.5 pct from previous quarter
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index increased for the fifth straight quarter in Q4 2016, albeit only by 0.2 percent year on year (YoY) after rising by 1 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Monday. The wages index captures the employees’ gross earnings
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