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As Greeks wait for Brussels deal, general dissatisfaction reigns at home
PoliticsGreek Politicsnot pleased with the opposition. Interestingly, there was a drop of six points in the percentage of Greeks... leader in his initial comments on Saturday and followed this up with a trip to Havana for the funeral
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Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
Economyis the second highest drop after Brazil (-6.2 percent), while Greek market capitalisation posted... with financial assets making up 22.5 percent of the total figure and equities accounting for only one fourth
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Greece lags in basic skills for youth but improves in educational attainment
Societypercent of females. For foreign-born pupils, who are almost four times more likely to drop out of school... potential for the take-up of new professions, the report says. The Commission report referenced
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Retail sales grow for second straight month in Oct with 1.3 pct rise
EconomyMacroeconomy) and automotive fuel (+4.3 percent) was outweighed by a marked drop in books, stationery and other goods (-12... up 0.4 percent month on month (MoM), after a bigger rise by 1 percent MoM in September, and stood
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PMI rises to 49.3 in Dec but likelihood of growth remains slim
EconomyMacroeconomy. Greek manufacturers reported a drop in their backlogs in December. This has been the case since July... will be hopeful that the new year can bring renewed growth, but until consumption picks up and can
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Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
EconomyMacroeconomy. SETE chairman Andreas Andreadis recently said that lower tourism revenues are attributed to a drop... airports rose by 8.9 percent to 16.55 million in the 11-month period, while road arrivals edged up 0.3
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ESM and EFSF approve short-term debt relief measures for Greece
EconomyProgrammeincludes the waiving of the step-up interest rate margin for 2017 on the EFSF loan tranche of 11.3... 2060, while gross financing needs are foreseen to drop by almost 5 pp over the same period. Speaking
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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomyfrom 44.2 percent in December 2015, mainly attributed to a drop in performing loans by 3.2 percent, while net loans contracted at a slower pace of 1.6 percent. The NPE stock edged up by 0.4 percent
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammedrop in unit labour costs, significant restrictions regarding collective dismissals, industrial... reforms - including opening up the regulated professions - were noticeably less successful
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Car sales soar 22.8 pct in first month of 2017
EconomyMacroeconomyRoad motor vehicles (going into circulation for the first time) surged 22.8 percent in January after a double-digit drop of 19.8 percent in December, Hellenic Statistical Authority (ELSTAT) data.... Passenger cars make up more than 81 percent of car sales, while around 41 percent are registered
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