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Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
EconomyMacroeconomyGreece’s trade deficit continued heading north at a double-digit rate in February, when it increased by 17.7 percent in February after exceptionally strong growth of 91.7 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. As we noted, the substantial rise in January
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Outline deal clinched at Eurogroup, focus now moves to Athens
PoliticsGreek Politicsin the press conference. He underlined the “strong impact” that uncertainty has had on the Greek banking
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Limited arrears clearance in first two months of 2017
EconomyMacroeconomy. In addition, the strong underspend meant that primary expenditure was 866 million euros below the target
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Athens waits for dust to settle after Erdogan's victory in Turkish referendum
PoliticsForeign Policyin Turkey. Opposition parties remain strong, with large popular support. Turkish society is however
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Budget primary surplus falls to 1.1 bln in Q1, slightly above target
EconomyMacroeconomymillion lower than the target mostly due to the strong underspend in February. Public Investment Budget
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Fiscal surplus back in focus ahead of IMF debt discussions
PoliticsGreek Politicssuggested that the IMF’s projections mean there is a strong likelihood of the lenders asking for some
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Industrial turnover continues on upward curve with 20.9 pct rise in Feb
EconomyMacroeconomypositive (+0.1 percent) over the trailing 12 months. The ongoing strong upward movement in February
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Primary surplus up to 3.9 pct of GDP in 2016, far above target
EconomyMacroeconomybillion. The strong primary balance in 2016 led the overall turning positive to 1.22 billion (0.7
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Tsipras looks to build political capital from 2016 overperformance
PoliticsGreek Politicsin tax reforms for 2015,” the premier added. Tsipras identified the creation of a strong economy
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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomymostly due to the strong underspend in February. Public Investment Budget (PIB) PIB revenues jumped
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