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Fresh turbulence at SYRIZA as opposition parties take aim at bank deal
PoliticsGreek Politicsin Parliament on Tuesday, where several opposition politicians expressed strong misgivings. New Democracy’s
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Late Easter helps retail sales rise by 14.3 pct YoY in May
EconomyMacroeconomyby a strong rise of 31.4 percent YoY in department stores, while supermarket sales were also up
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Domestic factors seen playing role in PM's pick for European Commission
PoliticsGreek Politicshealth reform package and the Attica-Pancreta bank merger, both of which passed this week despite strong
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Opposition pledges no let-up on surveillance affair as watchdog joins Supreme Court critics
PoliticsGreek Politicsparties in trying to use parliamentary procedures against a strong New Democracy majority in the two
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Utilities and energy drive industrial production rise of 9.5 pct in June
EconomyMacroeconomya strong rise of 30.5 percent. The manufacturing index rise was in coke and refined petroleum
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Bumper results for banks add to frustration over interest rates, fees
EconomyBankingOver recent weeks, the Greek systemic banks released another set of solid results for H1, with strong profitability and building on last year’s performance that allowed them to distribute total dividends exceeding 900 million euros, the first distribution to shareholders in 16 years. Greek banks
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New bout of turmoil in SYRIZA provides PM with breathing space
PoliticsGreek Politicswho were supposed to be strong allies. Polakis reportedly played a role in ushering newcomer
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Building activity's upward course halts in May with 19.6 pct YoY drop
EconomyMacroeconomyThe strong start to the year for building activity halted in May, with a sharp drop of 19.6 percent year-on-year (YoY), after a rise of 40.1 percent in April, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of permits issued in May reached
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Retail sales rise by 7.4 pct YoY in June, led by fuels
EconomyMacroeconomysales were led by a strong rise of 21.1 percent YoY in department stores, while supermarket sales
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Industrial Production grows 10.6 pct in Jul as electricity and manufacturing lead way
EconomyMacroeconomyrecorded a strong rise of 14.5 percent. The manufacturing index rise was in tobacco products, repair
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