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Lenders' reaction to pension pledge leaves Tsipras short of options
PoliticsGreek Politicsoptions if the review negotiations break down. They also put Tsipras in a position where he could
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
EconomyThe Greek equity market moved sideways this week, ending almost flat (-0.1 percent), while trading volumes were softer than the previous week. The ESM decision to freeze the implementation of short-term debt relief measures was a negative surprise, dragging the market down 3.2 percent on Wednesday
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Tsipras gets no encouragement from lenders, left to consider next move
PoliticsGreek Politicsvoted through Greek Parliament last week looks set to die down. We understand that the institutions
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Primary cash surplus to Nov at 3.6 bln, including arrears repayment of 3.4 bln
EconomyMacroeconomyrevenues up 8.8 percent to 44.66 billion, while expenditure edged down 0.2 percent to 42.42 billion
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomydown by 0.5, 2.5 and 0.8 percent respectively. In addition, the VAT rate remained stable until June
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Industrial turnover on downward trend again after 2.8 pct drop in Oct
EconomyMacroeconomy(-2.8 percent), while turnover in energy edged down 0.3 percent. A strong rebound was posted
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Current account balance turns to deficit of 198 mln in Oct
EconomyMacroeconomyin the 10-month period, while the corresponding liabilities decreased by 2.3 billion. Reserve assets edged down
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ECJ decision on PPC’s lignite exploitation rights and future investments
Legalthat even if PPC shuts down all its lignite units, if part of them is not transferred to private
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HFSF records losses of 1.2 bln in 9-month amid revaluation losses from bank holdings
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) posted net losses of 1.25 billion euros in the 9-month period of 2016 from 8.89 billion a year ago, its interim financial report showed on Friday. This year’s bottom line result was dragged down by revaluation losses of 1.17 billion euros, of which 1.12
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Jan-Nov budget primary surplus surges to 7.4 bln on solid revenue performance
EconomyMacroeconomyand edged down 0.1 percent to 42.44 billion euros in the 11-month period, 1.29 billion below target
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