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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingthat of ECB refinancing rate. The bank expects volumes to rise further as the counterparty interest
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Latest data highlights how hard it is for unemployed Greeks to find jobs
SocietyOut of all the people in Greece who were unemployed in the fourth quarter 2015, 94.6 percent remained out of work in the first quarter 2016, in what is the highest rate in the European Union, data from Eurostat has shown. Only 4.3 percent of jobless Greeks moved into employment and 1.1 percent
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CPI drops by 0.9 pct in August
EconomyMacroeconomyand has been in negative territory since then. The rate of the CPI decrease accelerated from 0.9 percent
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Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek Politicsinduction in the European Central Bank’s quantitative easing scheme, 4) High growth rate in 2017
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Building activity slumps by 21.7 pct in June for sixth successive month
EconomyMacroeconomyThessaly was the only region recording a positive growth rate of 20 percent. After another month
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Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomybillion, implying a collectability rate of more than 83 percent. The bulk (more than 85 percent
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Wages index sees strong rebound of 4.6 pct in Q2
EconomyMacroeconomyfor the fourth successive quarter by 4.1 percent YoY, which indicates the highest growth rate since Q3 2014
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Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
PoliticsGreek Politicsambitious targets for the economy, saying that an annual growth rate of 4 percent of GDP is achievable
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Industrial turnover sees 21st straight month of decline with 5.9 pct fall in July
EconomyMacroeconomyGreece’s Turnover Index in Industry dropped by 5.9 percent in July after a downward revised 8.2 percent decline in June, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The headline figure is the 21st consecutive negative reading but the lowest rate of decrease over the past seven
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Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
EconomyMacroeconomythe target by 105 million. The 8-month figure increased at a double-digit rate of 10.9 percent to 16.25
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