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  1. New data shows 6.2 pct of Greek labour force in gray area
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Three new indicators released on Monday by the Greek statistical authority, ELSTAT, paint an even grimmer picture of Greece's labour market than the one most experts had considered until now... and suggest that the problem is bigger than most analysts had realised until now.

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  2. DIMAR faces struggle to survive in 2014, a year of elections
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    to enter Parliament and less than half what the 6.2 percent the party won in the June 2012 elections..., however, is deeper than just a disagreement between these two men. A wing of the party known

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  3. Manufacturing PMI reached four-year high of 49.6 pts in December

    EconomyMacroeconomy

    Greek Manufacturing PMI advanced for second straight month in December, reaching its highest level in more than four years as it reached 49.6 points from 49.2 in November, according to Markit... to November, yet the rate of decline in outstanding business was slightly faster than in the previous

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  4. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    . The monthly flow reflects sight additions of 538 million more than offsetting time outflows of 122 million... data. This corresponds to a total stock of 66 billion loans that are past due for more than 90 days

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  5. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    of CPI change in 2013 was negative at -0.9 percent for the first time in more than 45 years, according... from the ongoing impact of the austerity measures rather than a rationalisation of the pricing

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  6. Topsy-turvy ride continues for Independent Greeks, as another MP goes

    PoliticsGreek Politics

    is significant in that it reduces Independent Greeks to just 17 seats, one fewer than Golden Dawn... proved more enduring than many had thought. This makes the part a potential coalition partner in a future

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  7. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    than 90 percent) is related to the private sector. The regions with the highest decline are Epirus...-performing loan ratio has more than tripled to 24 percent at the end of June 2013 from 7.4 percent at the end

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  8. Indices for turnover, new orders in industry post big falls in November

    Economy

    sector, which more than offset a moderate rise in the mining and quarrying sector by 2.7 percent... in December, peaking to its highest level in more than four years as it reached 49.6 points from 49.2

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  9. Deposits up again in December but credit contraction continues apace

    EconomyMacroeconomy

    deductions of 139 and 110 million respectively more than offsetting additions of 76 million in the sole... official data. This corresponds to a total stock of 66 billion loans that are past due for more than 90

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  10. Preparations for local elections expose SYRIZA weakness

    PoliticsGreek Politics

    politics, which tend to be community- rather than nation-driven. On Friday, New Democracy MP Yiannis... of Thessalonik rather than the governorhsip. This week’s events underline how much more complicated Greek

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