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Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
Economyto 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices
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Greek trade deficit rises by 6.9 pct in March after successive falls
EconomyMacroeconomy. Similarly to exports, imports also increased in March after a double-digit drop in the prior two
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Car sales soar by 47.2 pct in April for 20th straight monthly rise
EconomyMacroeconomystill stands 70 percent below the 2008 number of 347,354 and mainly reflects a sharp drop by more
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Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013
EconomyMacroeconomyGreek building permits rebounded by 10.2 percent in February after a 7.1 percent drop in January, according to the Hellenic Statistical Authority (ELSTAT). February’s is the first positive figure since May 2014 and the highest reading since November 2013, when building activity posted
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Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomy-recurring item, the underlying revenue collection shows a drop by 2 percent in April and 1.8 percent
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Greece seen having older and much smaller population by 2060
SocietyGreece’s population is projected to fall by almost a quarter by 2060, to as low as 8.6 million people from its current level of 11 million, according to the European Union’s 2015 Ageing Report. The 23 percent decline would represent the fourth sharpest drop of all current EU countries, putting
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Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
EconomyMacroeconomyOn the liquidity front, Eurobank posted a sharp drop in deposits by 5.9 billion, which corresponds to a decrease
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Primary cash surplus reaches 1.05 bln at end of April
EconomyMacroeconomyboth periods, the underlying figures show a slower drop by 4.3 percent. In April, revenues fell
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Smaller rise of 737 mln for unpaid taxes in April
EconomyMacroeconomyeuros at the end of April. The year to date evolution points to a drop by 913 billion in the 4-month
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economya drop of 1.7 percent in April and 1.8 percent in the 4-month period. Proceeds from the bank
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