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Key obstacles remain in bailout negotiations for pressured govt
PoliticsGreek Politicsheld a cabinet meeting at the same time as the data was released, and publicly proclaimed that growth
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Unemployment rate stable for third month at 23.1 pct in Dec
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment remained stable for the third month in a row, registering 23.1 percent in December, following revisions of the previous two months’ data, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. As the result, the headline
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Job hirings at record high of 24,938 in Feb, negative employment balance for year-to-date
EconomyMacroeconomyThe employment balance remained positive in February 2017 with net hirings soaring to 24,938 from 14,437 last year, data from the Labour Ministry’s Ergani information system revealed on Thursday. This year’s figure is the highest positive reading for February since 2001. The breakdown showed
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Industrial production increases by 7.2 pct in January
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) rose at an accelerating pace of 7.2 percent in January after an upward revised increase of 2.5 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Following revisions for the previous months, the headline figure for January
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Trade deficit soars in Jan on ship imports from non-EU countries
EconomyMacroeconomyGreece’s trade deficit surged by 91.7 percent in January, following a rise of 4.8 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The sharp rise mainly reflects soaring ship imports from non-EU countries, which caused a 52.1 percent rise to 4.46 billion euros
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Labour reforms, fiscal measures loom largest as Athens resumes talks with lenders
PoliticsGreek Politicsfurther after the Q4 2016 GDP data published last Monday showed an alarming contraction. However
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Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
EconomyMacroeconomyGreek building permits rose by 2.1 percent in December after dropping by 1.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. The absolute figure of permits reached 1,270 in December, which is the second highest reading in 2016 after the high of 1,392
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Wages index edges up 0.2 pct in Q4, drops 2.5 pct from previous quarter
EconomyMacroeconomy, which was the highest reading since Q4 2012. Since 2000, when the first data was made available
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Slow progress on fiscal, impasse on labour keep review deal on hold
PoliticsGreek Politicson April 7 and the uncertainty would be prolonged. The poor Q4 2016 GDP data, the recent deposit
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Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016
EconomyMacroeconomyin the previous two quarters. The Q4 figure represents the lowest reading since 2001, from when data
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