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Compromise proposal on table ahead of Friday's Eurogroup
EconomyProgramme, the counter measures would involve a reduction in the corporate tax rate from 29 to 26 percent, a small
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Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
EconomyMacroeconomyGreece’s trade deficit continued heading north at a double-digit rate in February, when it increased by 17.7 percent in February after exceptionally strong growth of 91.7 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. As we noted, the substantial rise in January
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Building activity increases for second straight month after 11.1 pct rise in Jan
EconomyMacroeconomymodest and any small change entails a disproportionally high positive or negative growth rate. Building
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Industrial turnover continues on upward curve with 20.9 pct rise in Feb
EconomyMacroeconomyGreece’s Turnover Index in Industry continued rising at a double-digit pace of 20.9 percent in February, although this was slower than the growth rate of 26.7 percent recorded in January, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The February headline figure is the fourth
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Travel receipts fall by another 3.1 pct in Feb on lower spending
EconomyMacroeconomyincreased at double-digit rate of 16.3 percent. On the flipside, arrivals from France and Russia
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Retail sales climb 10.9 pct in Feb on strong rebound in almost all sectors
EconomyMacroeconomyThe turnover of Greece’s retail trade index rose for the second straight month at a rate of 10.9 percent in February, after increasing by 1.4 percent in January, Hellenic Statistical Agency (ELSTAT) data showed on Friday. The February headline figure is the highest reading since March 2010. It also
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Debt relief, MTFS and return to bond markets on agenda after technical agreement
EconomyProgramme, the growth rate for this year may be downward revised below 2.5 percent compared to a previous forecast
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Tsipras tries to take pressure off MPs but debt proving hard to settle
PoliticsGreek Politics(he suggested that Greece’s unemployment rate could be reduced to the European Union average within
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammeincome tax rate (0.1 percent of GDP) and reduction in the single property tax (ENFIA) with an impact
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CPI increases by 1.6 pct in April
EconomyMacroeconomy, while the goods’ index grew by 2.1 percent and the services’ index rose at a slower rate of 1 percent
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