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  1. 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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  2. 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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  3. 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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  4. 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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  5. 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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  6. 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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  7. 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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  8. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    and net revenues which more than offset lower expenditure. Revenues excluding tax refunds rose 6.1... in January to 2.95 billion euros, 405 million better than the target. Interest payments eased 9.2

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  9. Building activity up by 36.2 pct in Nov as rebound continues

    EconomyMacroeconomy

    drop of 27.4 percent in permits. The bulk of total building activity (more than 90 percent) is related.... At the same time, the housing non-performing loan ratio has more than tripled to 24 percent at the end of June

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  10. Greek deflation slows to 1.5 pct in January

    EconomyMacroeconomy

    . The headline figure for 2013 was negative at -0.9 percent for the first time after more than 45... demand stemming from the ongoing impact of the austerity measures rather than a rationalisation

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