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Declining flow of refugees gives struggling government some hope
PoliticsForeign PolicyThere have been some encouraging signs over the last few days that the European Union’s agreement with Turkey may be leading to a drop in the number of refugees crossing to Greece, thereby easing the pressure on the government. According to reports, just 17 refugees and migrants stepped off
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Economic sentiment rebounds in March, consumer confidence nosedives
EconomyMacroeconomyGreece’s economic sentiment improved by 1.1 points to 90.1 in March after a drop of 2.6 points in February, European Commission (EC) data showed on Wednesday. The March headline figure is the second reading above the 90-point mark since July 2015. Economic sentiment had fallen to a historic low
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomybeing withdrawn. 2) Adjustment to the single property tax (ENFIA) rates to counterbalance the drop
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Trade deficit rises 14.3 pct in Feb as exports fall for 10th month
EconomyMacroeconomyGreece’s trade deficit increased by 14.3 percent in February after declining in the three previous months, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The marked rise in February reflects an increase in imports by 1.9 percent coupled with a drop of 7 percent in exports
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General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln
EconomyMacroeconomy, by 792 million to 98.63 billion in February. The monthly change reflects a drop in bank support
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Newsletter 70 - 15/04/2016
permits collapse There was an 18.8 percent drop in the number of building permits issued in January
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Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
EconomyFeaturesLast week, electronics retail chain Elektroniki Athinon declared bankruptcy, citing a combination of a drop in demand, the capital controls introduced last year and a lack of confidence in the Greek economy by foreign suppliers as causes. Those following the struggles of the company could see
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Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
EconomyMacroeconomy(before tax refunds) by around 500 million euros, a drop in expenditure by almost 280 million
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Marginal deposit inflows of 55 mln in March
EconomyMacroeconomyAssistance (ELA) funding by 1.79 billion to 66.19 billion and a slower drop in ECB funding by almost 1
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Economic sentiment edges up to to 90.3 in April, consumer confidence falls for fourth month
EconomyMacroeconomyby 4.3 points to -13. After a short-lived marginal drop by 0.2 points in March, the services
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