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  1. Greece enters second year of deflation as CPI falls 1.3 pct in March

    EconomyMacroeconomy

    Greece remained in deflation for the thirteenth consecutive month in March. The Consumer Price Index (CPI) eased 1.3 percent at a slightly accelerating pace compared to the 1.1 percent posted in February, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI hiked

    3%
  2. European Commission review of Greek programme: The key points

    EconomyProgramme

    , the projected fiscal gap to achieve a primary surplus of 3 percent of GDP has been trimmed to 1.1 percent

    3%
  3. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    a surplus of 529 million in Q1 from a deficit of 1.1 billion last year. Nevertheless, the year to date

    3%
  4. Politics trumping economic prudence in Greece

    Agora

    performance in Q1 of 2014, namely negative growth of 1.1 per cent, the pocket calculators were

    3%
  5. Central gov't cash deficit shrinks to 1.27 bln in April

    EconomyMacroeconomy

    of preference shares (by Alpha Bank in April) worth 940 million stands at 13.49 billion, implying a 1.1

    3%
  6. General gov't primary cash surplus to April at 1.69 bln

    EconomyMacroeconomy

    in long-terms bonds by 1.2 billion and a net rise in short and long-term loans by 1.1 and 5 billion

    3%
  7. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    measures are needed to close the projected gaps of 2.02 billion (1.1 percent of GDP) in 2015 and 3.74

    3%
  8. Greek industrial turnover drop accelerates in April

    EconomyMacroeconomy

    2.8 percent), paper and paper products (up 2 percent) and other transport equipment (up 1.1 percent

    3%
  9. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    March and then reached 1.1 billion at the end of April and 4 billion at the end of May, is most

    3%
  10. Greek jobless rate remains stuck at 27.3 pct for third month
    Photo by Harry van Versendaal

    Economy

    by 1.1 percent in April from 0.5 percent in March. The number of unemployed fell by 2 percent YoY

    3%