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Retail sales down by 4 pct in August for third straight fall
EconomyMacroeconomythe impact from the imposition of capital controls. The breakdown of August retail sales showed the bulk... impact from the capital controls. The seasonally adjusted (SA) figures, which eliminate the impact
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Car sales down by 13.8 pct in Oct for the second fall this year
EconomyMacroeconomywas interrupted last July due to the capital controls and again in October amid rumors for higher road tax... customers amid fears for Grexit or imposition of capital controls and deposit haircut. The latter explains
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Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment
EconomyMacroeconomycompared to the 8.9 percent fall in Q2, amid capital controls. The YoY drop rate markedly accelerated... 5.9 percent in Q2 largely reflecting the impact from the imposition of capital controls. The breakdown
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Car sales resume double-digit growth rate in Oct with 15.2 pct rise
EconomyMacroeconomycontrols and the second in October to rumors for higher road tax on new passenger cars. The strong... fuelled by increased interest from customers amid fears for Grexit or imposition of capital controls
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Eurobank sells insurance arm to Fairfax for 316 mln
EconomyBankingin Eurobank. It controls a stake of 16.88 percent after the recent capital increase. Fairfax is also... company based in Greece, holding a share of 41.5 percent, while also controls a 5.02 percent stake
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Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
EconomyMacroeconomy(-13.8 percent) last year. The July drop was attributed to the imposition of capital controls and October... haircut. Despite the imposition of capital controls at the end of June, road motor cars retained
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economyby consumption despite two general elections, referendum, imposition of capital controls and further.... However, S&P anticipates only gradual lifting of capital controls including withdrawal limits
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Pressure on Greece to stem migrant flow puts strain on EU ties
PoliticsGreek PoliticsGreece fall substantially and have already taken note of the fact that stricter border controls... as the tightening of border controls north of the country are already having a material impact since thousands
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Tsipras concerns about EU stance on refugee crisis shared by opposition
PoliticsForeign Policyare looking for ways in which they can ensure that border controls will be reinstated. This would leave... in terms of border guards. The Greek government is concerned that a ramping up of border controls
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomybanking system due to the capital controls. Excluding oil and ships, exports of goods rose by 4.6...’ surplus by 6.9 percent in 2015 is attributed to lower net transport receipts amid capital controls
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