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Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
EconomyMacroeconomyindicators showed improvements for the first month of the year, indicating positive sentiment for the year ahead. The manufacturing PMI increased by 2.1 points in January to 55.2, with the index
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HCAP and Finance Ministry reveal five-year strategic plan for public assets
EconomyFeaturesThe Ministry of Finance (MoF) and the Hellenic Corporation of Assets and Participation (HCAP) have presented its five-year strategic plan for the so-called "super-fund" for the use of public assets... and development of staff to support the long-term development of the enterprise. Commenting on the five-year plan
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CPI declines by 0.2 pct in March for year’s second negative reading
EconomyMacroeconomythe first full year of consumer price increases after four uninterrupted years of deflation... once more, representing the second time in the year so far that the index has turned negative
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Industrial turnover up by 17.4 pct in June for highest rise in year so far
EconomyMacroeconomyfor the year so far, and the highest since October 2017 when the reading came to 11.6 percent. The 12-month... months of negative readings. In the year so far, industry confidence has risen by 5.2 points.
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Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
EconomyMacroeconomyof GDP. This figure is unchanged from the first notification in April this year. The consolidated... percentage point revision to 5.6 percent for 2015, while the surplus last year was marginally lower at 0.5
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European Commission approves 2019 budget, urges focus to meet end of year reform goals
EconomyProgrammeyear in a surplus of 0.2 percent of GDP. The Commission finds the final package is a balanced... measures amount to EUR 1.3 billion and EUR 0.2 billion per year respectively. The Commission concludes
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Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingTwo of Greece’s systemic banks moved into 2019 with increased activity on their disposal of their pile of bad loans as the new year heralds a host of ambitious loan reduction targets. Alpha Bank... as that aimed for by Eurobank. With Greece now in an election year and small signs of recovery showing
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December deposit inflows hit six-year high of 3.15 bln
EconomyMacroeconomy. Across 2018, flows came to 7.91 billion euros. The aggregate figure for the same period last year... billion euros compared to October’s sum of 13.20 billion euros. Since the start of the year
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Trade deficit grows by 5.1 pct in Dec, full-year increase comes to 1.1 pct
EconomyMacroeconomyGreece’s trade deficit rose by 5.1 percent year-on-year (YoY) in December, falling slightly against the rise of 5.7 percent seen in November, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed. The deficit stood at 1.70 billion euros in December compared to 1.55
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New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
EconomyMacroeconomythan the figure for the same period last year by 16.1 percent. In March, the increase in new tax... in the first four months of the year, another 609 million in taxes went unpaid, according to the latest data
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