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Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote
PoliticsGreek Politicsabstained and 1 was absent in the first vote on prior actions, while there were 31 Nos and 5
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Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
EconomyProgrammea maturity of 35 years and carry an interest rate of 1 percent. The debt sustainability issue, along
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomyGreece's current account (C/A) balance displayed a surplus for the second successive month in June but it narrowed by 20 percent year on year (YoY), reaching 1 billion euros from 1.25 billion in 2014, according to the Bank of Greece (BoG). The YoY deterioration mainly reflects a widening
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Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
EconomyMacroeconomybefore. The revision is based on: 1) The calculation of the wages index according to a fixed base
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Labour cost fall has not produced jobs, bemoans GSEE in study
Societypercent of part-time work was involuntary. It also noted that of the 1 million jobs lost during
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July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomy-negative reading since August 2011. The outstanding balances fell by more than 1 billion month on month
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyconsumption increased 1 percent QoQ and 2.5 percent YoY accelerating from the reported growth rates in Q1
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July trade deficit lands at 715 mln as imports post biggest drop on record
EconomyMacroeconomythe EU rose by a mere 1 percent, while those from non-EU countries declined by 20 percent. Similarly
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Unemployment rate edged up to 25.2 pct in June
EconomyMacroeconomythat of females displayed a slower drop by around 1 pp to 29.5 percent. Similarly to the previous
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Assessing the health of Greek banks' loan portfolios
EconomyBankingaround 1 billion higher than the lowest reading of 775 million posted in 2013. Over the past 7.5
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