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Corporate lending rates resume upward trend in April, time deposit rate stable
EconomyMacroeconomyGreek households’ new time deposit rate slipped by 1 basis point (bp) to 0.87 percent in April from 0.88 percent in March, Bank of Greece (BoG) data showed on Friday. The headline figure indicates the lowest reading since 2002 and remains 27 bps above the euro area average of 0.60 percent. The new
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Greece passes bailout-related amendments, hopes for loan disbursal in days
PoliticsGreek Politicsfrom the data that will be used to calculate whether the fiscal brake has to be activated
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Rise in new tax arrears slows further to 694 mln in April, total reaches almost 88 bln
EconomyThe rate of increase in Greece’s new unpaid taxes further decelerated to 694 million euros in April from 881 million in March, General Secretariat of Information Systems (GSIS) data showed on Monday. The aggregate figures for the 4-month period this year show they reached 4.33 billion euros
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Trade deficit soars 21 pct in April for highest rise since Dec 2014
EconomyMacroeconomyrespectively. According to the aggregate data for the 4-month period of 2016, the trade deficit rose by 1.4
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Car sales surge for second straight month, rising by 33 pct in May
EconomyMacroeconomyThe number of road motor vehicles (going into circulation for the first time) soared 33 percent in May following a strong rise of 24.5 percent in April, according to Hellenic Statistical Authority (ELSTAT) data published on Wednesday. The absolute figure reached 17,290 in May, which is the highest
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Unemployment rate eases to 24.1 pct in March, lowest in four years
EconomyMacroeconomybeen reduced by 68,000 over the same period. The seasonally unadjusted data, which strip out
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CPI falls at decelerating pace of 0.9 pct in May
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slower pace of 0.9 percent in May from a drop of 1.3 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The May headline figure is the first reading below -1 percent since February and means that there was a decline
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Mangling the truth
Agoraor hostile to the government of the time have chosen data selectively, while politicians have only
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Hirings outpace job departures by 76,591 in May for fourth positive monthly balance in a row
EconomyMacroeconomyThe employment balance displayed net hirings of 76,591 in May 2016, down by 9,555 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data showed on Wednesday. In addition, this year’s figure means that there has been a positive balance for the fourth
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Newsletter 78 - 17/06/2016
”. Polling data suggests that as glib as Gove’s comment may appear, it reflects the prevailing mood
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