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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greeceās Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the first time since September. The average rate
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Indices for turnover, new orders in industry post big falls in November
Economyshowed a negative growth rate, with energy and consumer durables at the high-end (down 18.3 and 12.6
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Greek banks' reliance on Eurosystem funding rose in December for first time since April
EconomyMacroeconomy. Furthermore, the recent ECB rate cut by 0.25 percentage points is expected to lead to a reduction
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy) methodology, which excludes SMP and ANFA income of 2.7 billion and a retroactive rate reduction worth 0.3
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Industrial turnover and new orders indices post big drops for December
EconomyMacroeconomy-eurozone countries (down 23.4 percent). Most industrial sectors showed a negative growth rate
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EC sticks with 0.6 pct growth for Greece in 2014 but also sees C/A deficit
Economy), while its growth rate for 2015 remains unchanged at 11.3 percent. The repayment of government
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Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept
EconomyMacroeconomyto an accelerated NPL formation (i.e. rate of increase) to 1.9 percentage points in the third quarter from 1.5
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Eurosystem funding for Greek banks eases by 2.18 bln in January
EconomyMacroeconomythree quarters of 2013. The ECB rate cut by 0.25 percentage points in mid-November is expected
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Drop in CPI eased in Feb but Greece still firmly in deflation territory
EconomyMacroeconomyrate by 10 percentage points as of August 1. Greece entered into a deflation territory (-0.2
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomyof September from 29.3 percent at the end of June 2013. More importantly, the NPL formation (i.e. rate
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