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  1. PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
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    EconomyMacroeconomy

    was a solid 2.2 pct, investments were subdued. The PBO’s outlook remains broadly unchanged, with a small downward revision to 2.2 pct growth for 2025, from 2.3 pct previously. On the fiscal front, the PBO

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  2. Athens expands survey area off Crete, signs MoU with Egypt
    Photo by MacroPolis

    PoliticsForeign Policy

    deposits by US ExxonMobil southwest of Crete, is expected to act as a test of the government in Tripoli... be Libyan. This is why Tripoli’s current silence or lack of reaction is considered significant. Diplomatic sources in Greece do not exclude the possibility that Turkey may react on behalf of the Tripoli

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  3. Amid lack of communication, overflights add to Greek-Turkish tension
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Ankara’s unwillingness to engage in discussions regarding Confidence Building Measures. Despite Turkish... government in Tripoli. According to press reports, Turkey maintains five frigates closely to Libya

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  4. Athens waits to be convinced of Ankara's willingness to talk
    Photo via https://flic.kr/p/2kYqs58

    PoliticsForeign Policy

    to engage in informal talks but not negotiations. For this reason, minutes are generally not taken... Tripoli. All these cases are seen by Ankara as models for its talks with Athens that may lead

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  5. Athens assesses new Turkish government, potential impact on imminent drive for fresh talks
    Photo via Flickr https://flic.kr/p/pdoKyU

    PoliticsForeign Policy

    . However, as head of the MIT he contributed to the gradual rise of Turkey’s influence in Tripoli... in place in Greece, the two sides will have to decide whether and how to engage in meaningful dialogue

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  6. European Commission evaluates impact of bailout programme
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    annual impact is planned for 2016 at 2.2 percent of GDP. Note that the adjustment for 2015 is seen..., a review of the definition of farmer would ensure that only active professional farmers would

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  7. Retail index fell by 2.2 pct in Feb but trend improving

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis

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  8. Industrial Production Index in negative territory for the year, at -2.2 pct in April

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT). This is the eleventh negative reading over the past 16 months. Electricity production was the only

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  9. Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation

    EconomyMacroeconomy

    The drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November

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  10. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    Greek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow stayed negative for the fifth successive month with deductions increasing to 458 million in November

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