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Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
EconomyProgrammea maturity of 35 years and carry an interest rate of 1 percent. The debt sustainability issue, along
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomyGreece's current account (C/A) balance displayed a surplus for the second successive month in June but it narrowed by 20 percent year on year (YoY), reaching 1 billion euros from 1.25 billion in 2014, according to the Bank of Greece (BoG). The YoY deterioration mainly reflects a widening
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July trade deficit lands at 715 mln as imports post biggest drop on record
EconomyMacroeconomythe EU rose by a mere 1 percent, while those from non-EU countries declined by 20 percent. Similarly
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Retail sales nosedive by 8.7 pct in July amid capital controls
EconomyMacroeconomy) and department stores (down 14.9 percent). In contrast, retail sales not in stores rose by 1 percent in July
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IMF aligns Greek projections with EU, revises down GDP
Economyfull year GDP fall. Greek GDP grew by 1 percent in the first half of the year so for the full year
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
Economyis seen easing to 1 percent in 2018 and to 0.3 percent in 2020. The cost of bank recapitalisation
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBanking(ELA) funding slipping by 1 billion to 21.2 billion. The new time deposit rate further fell by 64
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomycorresponds to lower imports by 4 billion. At the same time, exports fell by 5.8 percent or 1 billion. BoG
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Greek shares up for the third straight week on strong performance from banks
Economyon Thursday Greek banks’ Emergency Liquidity Assistance (ELA) ceiling for the fifth straight time by 1 billion
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Tsipras and SYRIZA: More old than new
AgoraMinister Giorgos Stathakis’s failure to declare bank deposits of 1 million euros in his derivation
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