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An issue of statistical significance in Greece
Agora, the 2009 public deficit reached double digits very early in the year and missed the initial budget... to ensure the country met the criteria to join the euro. After joining in 2001, Greece’s fiscal
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Samaras and Venizelos rule out elections but can't be sure they won't happen
PoliticsGreek PoliticsEvangelos Venizelos, who met in New York on Sunday, both declared their opposition to the idea of holding elections now. Venizelos went a stepped further and tried to double guess the 12 Golden Dawn MPs that have not been arrested by suggesting they would not dare to resign en masse and create
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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomythe most ambitious to be met this year. Total exports grew for the fourth straight quarter by 5.4 percent in Q1 primarily driven by a double-digit rise (13.1 percent) in exports of services
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Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
EconomyMacroeconomypercent of total GDP last year - remains the most ambitious to be met this year. Total exports rose... in exports of services, at a double-digit rate for the second straight quarter, is mainly attributed
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Papandreou's bid for new role in Greek politics far from simple task
PoliticsGreek Politicsthat the percentage of Greeks who are undecided even reaches double figures. Surveys have also given... to secure a deal was met with horror by many of DIMAR’s remaining nine MPs and it now seems likely
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomy(before tax refunds) rebounded by 16.5 percent in August after dropping at double-digit rates... revenues of 22.91 billion for the full-year target of 30.26 billion to be met. This implies
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Budget revenues rebound in August but shortfall remains at 4.2 bln
EconomyMacroeconomypercent in August after falling at double-digit rates in the preceding three months. Our.... For the full-year target of 30.26 billion to be met, the state should collect revenues of 22.91 billion
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Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment
EconomyMacroeconomydecrease, also reflecting a double-digit growth in Q1. Since 2008, investment plunged by more than 68... to be met. In its latest report on Greece in mid November, Fitch anticipated GDP to contract 0.3
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Marked rise in expenditure leads to a budget primary deficit in Nov
Economyis the second consecutive double-digit increase. In addition, they exceeded the target by 814 million... for the full year target to be met. Although December includes seasonal revenues such as road tax fees
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomy. Industrial turnover in April and May continued declining at double-digit rates of 13 to 14 percent compared... of a 0.3 percent contraction to be met. OECD forecasts a broadly similar recession of 0.2 percent
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