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Tsipras in tight spot over debt deal but QE access may hold key to compromise
PoliticsGreek PoliticsThe Greek government seems intent on trying to forge a better deal with its lenders than the one proposed at the May 22 Eurogroup, with access to the European Central Bank’s QE scheme perhaps holding the key to an agreement at the next gathering of eurozone finance ministers on June 15. The message
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Another Eurogroup for Greece where all options fell short
Agorathan what we had at hand today,” he said. *You can follow Yiannis on Twitter: @YiannisMouzakis Yiannis
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomyinto a further fall in pre-production inventories. Unfinished work fell to a weaker extent than
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Deposit interest rates largely unchanged in April, average loan rate increases
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 2 basis points (bps) to 0.68 percent in April, Bank of Greece (BoG) figures showed on Friday. The modest increase is the first rise in the time deposit rate since August 2016. It remains close to its historical low and 26 bps higher than the euro
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OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
EconomyMacroeconomy, lower than its previous forecast of 1.3 percent released in late November. However, a stronger growth
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Net job hirings reach new high of 89,534 in May, 5-month figure a record
EconomyMacroeconomyat 264,587 compared to 175,053 departures, of which less than half (48.7 percent) related to lay-offs
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Unemployment rate falls to new five-year low of 22.5 pct in March
EconomyMacroeconomyhirings climbing by more than 9,000 to 38,517 from 29,351 last year, largely due to hirings
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Industrial production edges up 1 pct in April after double-digit growth in previous two months
EconomyMacroeconomymakes up more than one fifth of the total index, grew by 3.7 percent. Furthermore, mining
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Athens banks on French support for debt relief and growth
PoliticsGreek Politicson debt relief measures than what was on offer on May 22 look set to be dashed on Thursday
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Rhetoric ramped up ahead of Eurogroup but deal still in sight
PoliticsGreek Politicsa compromise on Thursday than an expression of any attempt to derail the process. Nevertheless, as has always
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