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An unfounded argument leaves Greece in limbo
Agoragovernment legislated almost 3 percent of GDP in tax hikes and pension savings to meet the 2018... is seen with a primary surplus that exceeds 3 percent of GDP, Cyprus is expected to maintain
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyhouseholds and corporates led the weighted average rate on all new deposits down by 3 bps to 0.32 percent...) edged up 3 bps to 14.51 percent. The housing loan rate increased by 21 bps to 2.83 percent, while
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Trade deficit increases 4.8 pct in Dec and 4.5 pct in 2016 on rising imports
EconomyMacroeconomyis largely attributed to a rise in imports by 3.7 percent, while exports also grew by 3 percent... by 4.2 percent, while those from non-EU countries declined by 3 percent. In addition, exports to EU
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Athens grapples with awkward reduction of tax-free threshold
EconomyProgrammeor two children respectively. It remained unchanged for families with more than 3 children..., more than 3 million of wage-earners and pensioners declared annual income below the current tax
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomydue to a sharp drop in services by 7.4 percent that more than offset a rise in goods by 3 percent... after a short-lived decrease of 2.8 percent in Q3. They also rose by 3 percent YoY decelerating from
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All-round concern about Greek-Turkish tension in run-up to referendum
PoliticsForeign Policyto the European Convention on Human Rights, whose Article 3 clearly says that "No one shall be subjected... will not be subjected to actions that are against Article 3 of the ECHR. Nevertheless, government sources
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Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBanking. Eurosystem funding fell by around 3 billion QoQ to 13.9 billion at the end of Q4, but increased... billion in Q4 from 3 billion in the previous quarter. Gross loans edged up by 54 million QoQ to 50.7
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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingin Q4 largely due to a rise in operating expenses, while the full-year figure also dropped by 3... to 1.32 billion, while excluding one-off expenses costs were down 3 percent on a recurring basis
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgramme2 and 2.5 to elevated, between 2.5 and 3 to moderate and a score above 3 means low vulnerability
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Deposit interest rates broadly stable in March, average loan rate down slightly
EconomyMacroeconomymillion euros it edged up 3 bps to 4.82 percent. Following the movement in March, the corporate loan... bps to 2.76 percent, while the rate for loans to sole proprietors slipped 3 bps to 7.25 percent
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