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Greeks tending to shop less often and opt for local products
Societyconducted in 2016, consumers are showing a strong preference for products made locally. One of the main..., down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingGreece’s systemic banks reached the end of the first half of 2019 with relatively strong performance and the further derisking of their balance sheets as efforts continued to offload bad loans... in H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310
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Athens and Ankara keep eyes on domestic audiences as talks continue
PoliticsForeign Policywith Greece. The remarks sparked strong reactions in Athens. Greek diplomatic sources reaffirmed... ambiguity of positions. Mitsotakis's government has received strong criticism from the nationalist faction... talks. Concerns about the Greek side caving in were fueled by recent remarks made by Fidan, who
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyover the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising
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Parties return to campaign trail after Easter lull
PoliticsGreek Politicsas constituting voters’ daily concerns – are seen as the party’s strong suit in a debate which is mainly... for what they describe as opportunism. ND’s press spokesman Nikos Romanos described remarks made... and the political system. In other remarks, Kasselakis demanded a halt to the privatisation of ports
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policybe no discussion.” Fidan’s remarks came just two days after the German Foreign Minister visited Ankara and expressed strong support for Turkey’s inclusion in SAFE. Johannes Wadephul described Turkey... tensions. Media reports suggest Mitsotakis’ remarks coincided with diplomatic activity from Washington
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyin October from 7,730 in September and 6,850 in October 2013. Following another strong reading... (+29.6 percent) in line with the total headline figure. All indications point to a strong double-digit... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well
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Strong resistance within SYRIZA leaves Tsipras with tough juggling act
PoliticsGreek Politicsa strong presence on the 11-member political secretariat. Six of the seats went to the members from... is that his government and its agreement with Greece's creditors still have strong public backing... the elections, he may create a strong enough platform to fend of the dissenters within his party. Even
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomya strong underspend (by 1.91 billion) coupled with a revenue outperformance of 1.54 billion. The Public... of the personal income tax. As we have previously noted, the strong revenue collection could... the release of final budget execution bulletin due after October 20. Following the strong performance
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economy. However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4.2... over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks... losses stood at 1.3 percent, slightly trimming the strong gains posted in the past four weeks to 11.8
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