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Greece continues to edge up in "ease of doing business" rankings despite persistent problems
Economyhighlights that Greece retains one of the highest numbers of limitations (7) to freedom of contracts
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Greek retail turnover advanced for the third straight month, 4.5 pct in August
EconomyMacroeconomypercent, while volume rose by 2.4 percent. One sector, department stores (-10.8 percent), exhibited
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No prospect of compromise for entrenched Greek parties
PoliticsGreek Politicsindicates that SYRIZA maintains a lead of more than 10 percentage points over New Democracy. Only one
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Greek coalition left with bailout exit conditions it wanted to avoid
PoliticsGreek Politicsshould be. One other aspect of the current loose agreement appears to be the abandonment, at least
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Eurobank reports loss of 186.6 mln in Q3
EconomyBankingEurobank reported a net loss of 186.6 million euros in the third quarter (Q3) from 301.1 million in Q2. This quarter’s results incorporate a one-off positive impact of 168.1 million fully attributed to the recognition of additional deferred tax asset (DTA), which was mitigated by a broadly similar
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Developments in Greece produce volatile market reaction
EconomyThe Greek stock market plunged 5.38 percent on Friday in the aftermath of the Eurogroup’s indication that it would support a precautionary credit line for Greece in the form of an Enhanced Conditions Credit Line (ECCL). As a result, the Athens Stocks Exchange (ASE) general index lost in just one
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Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomyyear on year (YoY) and 0.9 percent MoM. From the 12 main groups of goods and services, only one
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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomypercent. Building activity is one of the sectors mostly hit by the crisis with building permits slumping
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Among euro area SMEs, Greeks face most problems with access to finance
EconomyAlmost one third of Greek small and medium-sized enterprises (SMEs) named “access to finance” as the most pressing problem, according to an ECB survey on this subject conducted between April – September 2014. The Greek SME rate (32 percent) is by far the highest in the eurozone, followed by Ireland
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SYRIZA shows keener interest in foreign policy as possible elections near
PoliticsForeign Policyin a speech to party MPs. "The continuation of the state is one thing, the continuation
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