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Utilities and energy drive industrial production rise of 9.5 pct in June
EconomyMacroeconomya strong rise of 30.5 percent. The manufacturing index rise was in coke and refined petroleum
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PM banks on restoration and compensation healing Attica fire wounds
PoliticsGreek Politicsabout the government’s competence, which was its strong card in the initial stages of its first year
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Bumper results for banks add to frustration over interest rates, fees
EconomyBankingOver recent weeks, the Greek systemic banks released another set of solid results for H1, with strong profitability and building on last year’s performance that allowed them to distribute total dividends exceeding 900 million euros, the first distribution to shareholders in 16 years. Greek banks
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New bout of turmoil in SYRIZA provides PM with breathing space
PoliticsGreek Politicswho were supposed to be strong allies. Polakis reportedly played a role in ushering newcomer
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Building activity's upward course halts in May with 19.6 pct YoY drop
EconomyMacroeconomyThe strong start to the year for building activity halted in May, with a sharp drop of 19.6 percent year-on-year (YoY), after a rise of 40.1 percent in April, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of permits issued in May reached
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Retail sales rise by 7.4 pct YoY in June, led by fuels
EconomyMacroeconomysales were led by a strong rise of 21.1 percent YoY in department stores, while supermarket sales
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Athens not put out by Turkey-Egypt rapprochement, but watching closely
PoliticsForeign Policyto have strong economic ties with Turkey. Despite its continuous problems, Turkey’s economy
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Industrial Production grows 10.6 pct in Jul as electricity and manufacturing lead way
EconomyMacroeconomyrecorded a strong rise of 14.5 percent. The manufacturing index rise was in tobacco products, repair
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Kasselakis ousting confirmed as SYRIZA slips in polls, which also carry warnings for ND
PoliticsGreek Politicsencouragement for New Democracy, apart from the fact that it still maintains a strong lead over its
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Athens moves to avoid repeat of EU division over migration policy
PoliticsForeign PolicyLast week’s decision by the SPD-led coalition government in Berlin to impose temporary controls on Germany’s land borders is provoking strong reaction within Europe, putting the migration issue back on the EU agenda just months after a historic agreement to resolve it. Athens is concerned about
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