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Greek retail index dropped 4.3 pct in January
EconomyMacroeconomydue to increased sales during the Christmas period more than offsetting the impact from the launch... the drawn-out revival in domestic consumption. The turnover headline index settled 28 percent lower than
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DIMAR rules out coalition return but sees general elections on horizon
PoliticsGreek PoliticsAntonis Samaras and Deputy Premier Evangelos Venizelos, rather than their parties: New Democracy... there are serious ideological differences, rather than a disagreement over a particular policy
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Does return to markets signal end of Greek crisis? The perils of ignoring macro-economic fundamentals
Agora. For more than three years the credit contraction in the Greek economy has been deepening, with lending... and finance ministry, then Greece currently and in the foreseeable future has no better investor than
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Greek jobless rate eases for fourth straight month but still at 26.7 pct
Economy. The peak number was recorded in September at 1.39 million. The number of unemployed is more than triple.... For all other age groups the unemployment rate has more than tripled over the past 5 years
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EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target
EconomyGreece’s budget execution showed a primary surplus of 1.57 billion euros in the first quarter of 2014, three times higher than the 520 million recorded in the corresponding period last year... better than target. The high PIB revenues posted in February led the 3-month figure to 2.04 billion
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomyimproves to 932 million. Nevertheless, the latter stands 634 million lower than the 3-month preliminary numbers released by the Ministry of Finance on April 14. More than half of the deviation is related
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European Commission review of Greek programme: The key points
EconomyProgrammeto 125 percent in 2020 and 112 percent in 2022, which is slightly worse than the agreed targets of 124 percent in 2020 and less than 110 percent in 2022. The deterioration reflects lower forecasts
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Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend
EconomyGreece’s budget execution showed a primary surplus of 1.54 billion euros in the first quarter of 2014, three times higher than the 520 million posted in the corresponding period last year, according... billion, 823 million better than target. The exceptionally strong PIB revenues of 1.56 billion
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Eurobank: From nationalisation to re-privatisation
Agorathat transaction no single shareholder controlled more than 5 percent of Eurobank shares. Most importantly... aid to Eurobank. Although the state aid to Eurobank (6.24 billion) is less than half compared
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Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus in the first quarter (Q1) of 2014 more than tripled to 2.5 billion from 770 million in the corresponding period last year, according the gg... (1.85 billion) and EFSF/ESM/IMF loans (1.3 billion) more than offsetting a net increase in short-term
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