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Greece and lenders trap themselves over labour reforms
Agorabe reduced, meaning pensions will not have to be cut so much. The problem is that the 2016 fiscal data
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New attempt to get Cyprus talks back on track
PoliticsForeign Policydrilling in block 9, Turkey reacted by sending its seismic vessel Barbaros to collect data in Cyprus’s EEZ
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Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect
EconomyMacroeconomyGreece’s Turnover Index in Industry soared by 26.9 percent in January after an upward revised double-digit growth of 14.7 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday. The January headline figure is the third positive reading in a row and the highest
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Retail sales rebound 1.4 pct in Jan after brief fall in Dec
EconomyMacroeconomyThe turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop of 1.3 percent in December, Hellenic Statistical Agency (ELSTAT) data revealed on Friday. The January headline figure represents the fourth positive reading in the last five months. However
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Differences over pension cuts stand in way of technical agreement
PoliticsGreek Politicsfor SYRIZA in the last elections. Also, the breakdown of the data indicates that only 28 percent
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PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months
EconomyMacroeconomydelivery times lengthened, while vendor performance deteriorated at an accelerating pace.“March data
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Squeezed at home, ministers return to Brussels to look for deal with lenders
PoliticsGreek Politicsgovernment cash balance data released on Tuesday, which showed there was an 850-million-euro increase
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Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
EconomyMacroeconomyThe Independent Authority of Public Revenue (IAPR) published on Monday its annual report for 2016, which revealed useful data on the composition of Greece’s tax debt. The report showed that 4.31 million taxpayers (individuals and companies) owed 92.88 billion (52.8 percent of GDP) in the beginning
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agorawas reversed in Q1 with Bank of Greece (BoG) data showing deposit outflows of 2.3 billion
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Net job hirings at record high of 38,517 in March, lead to positive balance in Q1
EconomyMacroeconomyThe employment balance remained positive in March 2017, with net hirings climbing to 38,517 from 29,351 a year ago, data from the Labour Ministry’s Ergani information system showed on Wednesday. This year’s figure is the highest positive reading for March since 2001. Specifically, hirings stood
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