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Rate of drop in apartment prices picks up again in Q2
EconomyMacroeconomyAfter decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated to 5.6 percent in the second quarter (Q2) of 2015 from a revised 4.1 percent in Q1, according to the Bank of Greece (BoG). The Q2 headline figure is the 25th straight negative reading since Q1 2009
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Bailout talks, SYRIZA bickering continue - no definite end date for either
PoliticsGreek Politicsthat August 18 might be too soon to expect an agreement. He indicated that Greece might need a second
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Unemployment rate fell to 25 pct in May, its lowest level in the last three years
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell for the second straight month in May, when it dropped to 25 percent from 25.6 percent in April, according to the Hellenic Statistical Agency (ELSTAT). The May headline figure is the lowest reading since June 2012. The non-seasonally-adjusted
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyThe rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI decrease was retained above the 2-percent mark for the eighth successive month. The harmonised index
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Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline
EconomyMacroeconomyGreece’s trade deficit fell for the second successive month in June, when it declined by 14.1 percent from 24.2 percent in May, according to the Hellenic Statistical Authority (ELSTAT). In absolute terms, trade deficit stood at 1.48 billion euros in June. The double-digit drop reflects a higher
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Economic situation biggest worry for Greeks, latest Eurobarometer shows
Societysituation (51 percent) and its national debt (27 percent) were seen by Greeks as the country’s second
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Industrial production down by 4.5 pct in June for third monthly drop this year
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell for the second straight month in June, when it was down by 4.5 percent from 4.3 percent in May, according to the Hellenic Statistical Authority (ELSTAT). The June headline figure is the third negative reading in the first half of the year
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Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
EconomyMacroeconomyand the second reading below the 10,000 mark in the course of this year. The highest reading
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Agreement on third bailout could trigger SYRIZA split and snap elections
PoliticsGreek Politics(the second containing the prior actions Athens will have to pass) would clear the way for Prime Minister
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ELA funding down by 1.48 bln in July for first monthly drop since May 2014
EconomyMacroeconomyof June, still representing the second highest reading since December 2012. The historic high of 135.6
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