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Stocks fall for second straight week amid soft volumes
Economyweek of the year. Banks fell for the second successive week, with marked losses of 6.3 percent... since the beginning of the year. The stocks that recorded the best performance were: Titan (+4.1... guidance of 4-7 percent for the whole year. Public Power Corporation’s (PPC) Extraordinary General
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Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
EconomyMacroeconomybelow the 5,000-euro mark will also be transferred to KEAO as of the beginning of this year... in Q4 represents the highest reading in the last eight quarters. For the whole year, revenue... million, largely due to a strong performance in the last quarter of the year. Overall, KEAO has collected
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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomyto those recorded a year ago. The outstanding balance stood at 94.58 billion. The flow in loans to sole... 15 million. For the whole year, net deductions reached 255 million, while the loan stock edged down... flow to 2.34 billion for the whole year. The outstanding balance fell to 61.4 billion, also due
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Greece cleared arrears of 3.1 billion in 2016
EconomyMacroeconomyto the second half of the year in the wake of the disbursement of two bailout tranches, the first... of arrears fell by 2.87 billion in the second half of the year to 4.54 billion at the end.... Overall, despite 3.13 billion euros in arrears being cleared last year, the end-2016 figure was reduced
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Athens in search of counter-measures to secure MPs' support for potential deal
PoliticsGreek Politicsthe size of last year’s primary surplus, which Finance Minister Euclid Tsakalotos suggested... insisted that the forecasts made by Brussels, which see last year’s primary surplus at 2 percent... over last year’s statistics will hold up a final agreement but the indications are that efforts
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Travel receipts rise 4.7 pct in Dec, 2016 figure down 6.4 pct despite increased arrivals
EconomyMacroeconomy, the travel surplus soared to 54.7 million in December from just 4.8 million a year ago The increase...) and Germany (-3.8 percent). The aggregate figures for the whole year show travel receipts fell by 6.4... to 17.22 million for the whole year, while those from non-EU countries fell by 12.1 percent to 7.58
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Athens grapples with awkward reduction of tax-free threshold
EconomyProgrammemark he would resign and vote against that legislation in the Parliament. Almost a year later...-free threshold over two years i.e. lowering the tax credit by 300 euros in the first year and by another 300 euros in the second year. Another option for the government is to introduce a lower tax
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Stocks edge up 0.9 pct, trading activity remains subdued for third straight week
Economythe year. Following a volatile performance, bank shares remained almost flat (-0.1 percent..., the banking index is down 8.7 percent so far this year. The best performance this week came from... of 329 million in 2016 from 45 million a year ago, while EBIDA surged 88 percent to 836 million
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Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
EconomyMacroeconomyimproved for the fourth successive year, albeit by just 0.2 percent, significantly slowing compared... percent this year, due to the geopolitical situation in the wider region of Southeast Mediterranean... this year is a swift conclusion of the second programme review, the SETE chairman stressed.
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Greece remains in inflation for second straight month after CPI rises 1.3 pct in Feb
EconomyMacroeconomyminor changes in their prices. Last year CPI fell for the fourth straight year by 0.8 percent... in inflation from this year, with the Finance Ministry forecasting HICP to increase by 0.6 percent
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