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The IMF and Greece's bitter pill
Agora- Greece’s latest European Stability Mechanism programme generates a degree of austerity that prevents the “nascent recovery from taking hold.” - Greece needs reforms that should be used “to increase spending or cut taxes to support growth” and not push for higher primary surplus targets. - Pushing
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Turnover in services sector improves in Q3
EconomyMacroeconomyand accounting services has also surged by 49.1 percent over this period. The latest services confidence
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Bank of Greece study finds one in six local firms is strategic defaulter
EconomyMacroeconomyshowed 62 percent higher probability to become strategic defaulters. The latest official data
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Industrial turnover on downward trend again after 2.8 pct drop in Oct
EconomyMacroeconomypercent). The latest industrial business indicators showed deteriorating trends. In particular
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Review delay brings Greek liquidity needs back into focus
EconomyProgrammecash reserves. The latest official figures showed repos stood at 10.5 billion euros at the end
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ECJ decision on PPC’s lignite exploitation rights and future investments
Legal. This new investment and collaboration represents the latest entrepreneurial effort by PPC aimed
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Credit contraction slows again in Nov, falling to 1.3 pct on additions of 62 mln
EconomyMacroeconomy) and mortgages (-19.3 percent). In its latest interim monetary policy report released on December 16
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Another spin of the wheel for Greece
AgoraFoundation’s latest report. Eurostat data shows that Greece has the second highest share (26.1
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PMI rises to 49.3 in Dec but likelihood of growth remains slim
EconomyMacroeconomymonths, with output and new orders contracting at softer rates, the latest deterioration capped off
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Provisions of out-of-court workout bill outlined ahead of submission to Parliament
EconomyProgrammeand subordinate fines and surcharges. According to the latest official figures from the BoG, non-performing
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