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Newsletter 167 -22/06/2018
in the turnover index in mining and quarrying, reversing the fall of the previous month. The turnover index
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The tie that binds
Agoraglaringly absent in previous years. This demands substance over symbolism and requires any thoughts
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S&P upgrades Greece to 'B+' on back of Eurogroup agreement
EconomyS&P was the first credit rating agency to respond to last week’s Eurogroup agreement by raising Greece’s long-term credit rating to ‘B+’ from ‘B’ on Monday. The outlook was also updated to stable from positive. In its previous ratings activity for Greece in January, the agency had suggested
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Loss of MP upsets coalition plans to build on positive momentum
PoliticsGreek PoliticsKollia-Tsarouchou, who is considered by some as a possible rebel because of her previous association
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PMI at 53.5 pts in June as Greek manufacturing sector finishes Q2 on a positive note
EconomyMacroeconomycompared to the previous month, but remained elevated at some of the highest rates seen since the survey
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingthan the previous target by 2.2 billion. The targeted reduction in NPLs is stated as 47 percent
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BoG report outlines benefits of surveillance and scenarios for debt
EconomyBankingand interest rate outcomes. In previous sections in the report, BoG argued that the enhanced
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Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
EconomyProgrammeGreece not to deviate from previous commitments and, at the same time, to use the scope of policy
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If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomyby 147 percent and the value by 104 percent compared to the previous year. By the second half
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General govt primary cash surplus at 1.65 bln in May on slower expenditure decline
EconomyMacroeconomymillion against a fall of 66 million noted in the previous month, and came to 2.97 billion. Month
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