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Greek stocks edge up 0.7 pct on week, banks rise 3.8 pct for first time in last six weeks
EconomyThe Greek equity market gained 0.7 percent this week, after losses of 2.6 percent recorded in the previous week, but trading volumes remained extremely subdued. The general index of the Athens Stock Exchange rose to 565.34 on Friday. Since the beginning of the month, it has gained 1 percent. Bank
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Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
EconomyMacroeconomyCredit contraction in the Greek banking market decelerated to 1.6 percent in July from 2 percent in June, Bank of Greece (BoG) figures showed on Friday. The July headline figure represents the slowest rate of drop over the past twelve months. Loan balances fell by more than 1 billion euros from
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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyrespectively. It is worth noting that the seasonally adjusted retail sales and volume rebounded MoM by 1
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H1 exports show notable fall in many sectors but agricultural products buck trend
Economyand food and live animals slipped 0.7 percent. The breakdown by region displayed a modest drop of 1
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Talk of refugee returns adds to stretched Greece's anxiety
PoliticsForeign PolicyGreece and Italy as of September 1, against a target of 160,000 by September 2017. Greece’s fears
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Trade deficit expands by record 88.9 pct in July
EconomyMacroeconomy, while those to the EU eased 1 percent. Moreover, imports from EU countries rose by 3.4 percent, while
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Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomyhalf of this drop, falling by 1 pp to 27.8 percent in June. The breakdown by age displayed lower
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CPI drops by 0.9 pct in August
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slightly slower pace of 0.9 percent in August, after dropping by 1 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. In contrast, the harmonised index of consumer prices (HICP) edged up for the third straight month
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Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek Politics, the steps are: 1) Completion of the next programme review, 2) Defining debt relief measures, 3) Greece’s
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A closer look at the composition of Greece's bad loans
EconomyBankingin the course of 2015 and stood at just 1 percent of NPEs and mostly involved denounced loans. The collateral
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