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Drop in Greek industry's turnover index slowed to 4.1 pct in Jan
EconomyThe drop in Turnover Index in Industry decelerated to 4.1 percent in January from a double-digit decline in the preceding three months, according to the Hellenic Statistical Authority (ELSTAT). The headline figure continued heading south for the fifth s...
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Greek trade deficit narrowed 15.4 pct in January
EconomyMacroeconomyGreece’s trade deficit narrowed 15.4 percent to 1.62 billion euros in January, according to the Hellenic Statistical Authority (ELSTAT). The drop in January shows an accelerated trend compared the decline of up to 6 percent recorded in the preceding thr...
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IMF recognises Greek 2013 surplus, sees less burdensome financing needs
EconomyIn its updated Fiscal Monitor report published on Wednesday, the International Monetary Fund confirms Greece achieved a general government (gg) primary surplus of 1.5 percent of GDP in 2013. In October 2013, the IMF forecasted a zero primary balance for...
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Greek trade deficit up 12.6 pct in Feb as imports rise
EconomyMacroeconomyGreece’s trade deficit rose 12.6 percent to 1.99 billion euros in February, resuming an upward trend for the first time since September 2013, according to the Hellenic Statistical Authority (ELSTAT). Nevertheless, the 2-month figure eased 2.4 percent to...
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Ministry of Finance - Medium Term Fiscal Strategy 2015 - 2018 (In Greek)
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Possibility of post-election breakup dogs Greek coalition
PoliticsGreek PoliticsPASOK leader Evangelos Venizelos continues to maintain the stakes for the May 25 European Parliament elections high as he keeps coming back to the possibility that the coalition will not be able to survive the vote. While Venizelos has backed away from ...
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What is the bookies' take on the Greek local elections?
PoliticsGreek PoliticsGreeks voted in municipal and regional elections on Sunday. Unlike opinion polls, which officially ended last Friday, online betting on local elections was still being offered throughout Sunday. For the municipality of Athens, the odds from Goalbet for ...
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March fall for Greek industrial turnover is ninth in 15 months
EconomyMacroeconomyAfter a temporary stall in February, the Turnover Index in Industry resumed a negative trend in March easing by 1.1 percent, according to the Hellenic Statistical Authority (ELSTAT). The February reading was revised from a marginal drop of 0.1 percent t...
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Greek central government debt inches down to 320.42 bln in Q1
EconomyGreece’s central government debt slipped by 1.06 billion quarter on quarter in Q1 2014 to 320.42 billion from 321.48 billion in the previous quarter, according to the Finance Ministry debt bulletin published on Wednesday. The quarterly movement reflects...
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
EconomyGreece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months of 2014 from a primary deficit of 306 million last year, according to the final figures released by the Ministry of Finance (MoF) on Friday. The state budg...
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