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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBanking. Piraeus Bank’s NIII rose by 2 percent to 719 million, while Eurobank’s figure dropped by 3.6
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Athens boosted by Lagarde's comments on primary surplus, but no move due for now
PoliticsGreek Politicsbe “reviewed carefully” and reminded MEPs that the IMF feels the primary surplus should be between 1.5 and 2
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Trade deficit rises by 6.3 pct in July
EconomyMacroeconomy. Excluding the value of oil products and ships, the trade deficit increased by 2 percent YoY in July
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Turnover in tourism rises by 12.9 pct in Q2
EconomyMacroeconomyby air rose by 2 percent. In the aggregate period, arrivals rose by 4.4 percent year-on-year. Early
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ND unveils development bill it sees as catalyst for growth
PoliticsGreek Politicsperiod longer than 2 months and face stiff fines if they are employing undeclared staff.
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Budget primary surplus at 2.90 bln in August
EconomyMacroeconomymillion. Aggregate PIB expenditure came to 2 billion, below the target by 380 million. Overall, the PIB
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Budget primary surplus confirmed at 2.91 bln in August
EconomyMacroeconomymillion. Aggregate PIB expenditure came to 2 billion, below the target by 380 million. Overall, the PIB
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Banks highlight areas of concern in talks on NPL scheme
EconomyBankingthe last few months dropped to approximately 2 percent. That figure is considered the floor
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Athens strives to bridge fiscal gap before unveiling 2020 draft budget
EconomyProgrammeinclude a growth forecast of between 2 and 3 percent. It may also follow a format used last year
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomysees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO
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