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HELEX H1 2016 results show continuing drop in profits
EconomyExchange General Index closed on 30.6.2016 at 542.1 points, down 32 percent compared to the closing
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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek PoliticsThe government voted down on Tuesday night a bid by the opposition to launch a parliamentary inquiry into last year’s protracted negotiations between the SYRIZA-led coalition and Greece’s lenders, leading to the imposition of capital controls. Only New Democracy, PASOK and To Potami supported
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Tsipras sets out social policy goals in last stage of effort to shift political debate
PoliticsGreek Politics. This, however, has put SYRIZA in the uncomfortable position of clamping down on sit-ins and activism
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Decline in retail sales accelerates to 8 pct in May
EconomyMacroeconomyby 1.7 and 1.8 percent respectively. Turnover and volumes indices were dragged down by the automotive
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Greek stocks remain flat during week, banks underperform
Economydropping by almost 20 percent to 14.9 million euros, while EBITDA landed at 5.8 million, down 28.1 percent
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Political leaders weigh up next moves in August lull
PoliticsGreek PoliticsAs legislative activity dies down for August, and before the commotion that will undoubtedly accompany the next bailout review in the autumn, leaders’ moves on the domestic political chessboard are attracting attention. Prime Minister Alexis Tsipras has invested in a strategy of trying to force
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Bank of Greece publishes revised Code of Conduct for management of NPLs
EconomyMacroeconomy-down. For businesses, two additional long-term settlements involve operational restructuring
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New Democracy latches on to SYRIZA confusion over law and order
PoliticsGreek Politics. The conservatives have gone down this route before, launching the Xenios Zeus campaign aimed
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Unemployment rate stable at 23.5 pct in May after upward revision for April
EconomyMacroeconomy. The combined effect of those two changes led the non-seasonally adjusted (NSA) unemployment rate down
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Industrial production surges 7.5 pct in June, with highest growth rate since 2001
EconomyMacroeconomyin manufacturing production. On the flipside, electricity and water supply production edged down by 0.4
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