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Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
EconomyMacroeconomyGreece's current account (C/A) balance showed a deficit for the third successive month in December, when it reached 870 million euros, which was more than 3.5 times higher than last year’s figure... by 2.82 billion, on strong tourism, and to a lesser extent to shrinking income account deficit
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The education of Alexis Tsipras
Agorawrongfooted by the coalition and the strong backing it has received. They are unsure whether... rather than Finance Minister Yanis Varoufakis who was in the Belgian capital. There is a sense... displayed greater political deftness than most would give him credit for. But, as with all journeys
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Tsipras steps in amid concern deal with lenders slipping away
PoliticsGreek Politicsthe technical details the institutions are looking for. The strong criticism of Finance Minister Yanis... by the institutions than Finance Ministry general secretary for fiscal policy Nikos Theocharakis, who has played... of a referendum than of fresh national elections. Alco poll for @protothema If there's an impasse in talks
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Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013
EconomyMacroeconomyrecording strong growth of 40.7 and 27.6 percent respectively. In contrast, the highest nosedive... 65,474 in 2008. That is more than three times the GDP contraction over this 6-year period. Unlike... are also indirectly linked to building activity, have contracted by more than 14 percent over
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Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
EconomyMacroeconomymillion against the legacy tax debt in the 5-month period corresponding to more than half... remains better than target most likely due to the new settlement process. Nevertheless, the revenue... due to the strong performance in May when revenues of 93 million were recorded similar to the sum
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Referendum and the ECB to determine the future of Greek banks
Economyagencies have interpreted the question of the referendum as a strong indication whether Greeks want... for Greek government bonds (GGBs) and less than 10 percent for T-Bills. Pillar II bonds made up 45... have disclosed they held an ELA liquidity buffer of more than 38 billion (NBG and Piraeus at 12
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A pro-euro alliance to challenge Tsipras?
PoliticsGreek Politicsthan 40 percent, triggering the resignation of Antonis Samaras as New Democracy leader. Samaras’s...-minister coming more from the reformist centre. The party’s strong ties to the nationalist right mean... to the first party past the post if it is a coalition rather than a single entity. This was why SYRIZA changed
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July rise of 388 mln in unpaid taxes is lowest for two years
EconomyMacroeconomyis proportionally better than target so far this year. The second revenue collection indicator related... outcome mainly reflects strong revenue collection in one particular month (May). The collected revenues... period corresponding to more than 60 percent of the annual target of 77 million meaning
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Car registration growth slows to 6.7 pct in September
Economyin September and 17.7 percent in the 9-month period to 74,662, which corresponds to more than 83 percent of total road motor cars. The number of road motor cars plunged by more than 30 percent per annum... figure of 347,354. The strong rebound since September 2013 was interrupted only this July, when a drop
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Election result in doubt but ultimate outcome appears clearer
PoliticsGreek Politicsand the lack of strong support for one party, the likelihood of a two-party coalition is small unless SYRIZA... SYRIZA or New Democracy, flanked by PASOK and Potami. The winner is not seen getting much more than... the bailout. It is likely that in this case someone other than Tsipras or Meimarakis would become prime
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