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Greek stocks edge up 0.7 pct on week, banks rise 3.8 pct for first time in last six weeks
EconomyThe Greek equity market gained 0.7 percent this week, after losses of 2.6 percent recorded in the previous week, but trading volumes remained extremely subdued. The general index of the Athens Stock Exchange rose to 565.34 on Friday. Since the beginning of the month, it has gained 1 percent. Bank
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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyrespectively. It is worth noting that the seasonally adjusted retail sales and volume rebounded MoM by 1
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Talk of refugee returns adds to stretched Greece's anxiety
PoliticsForeign PolicyGreece and Italy as of September 1, against a target of 160,000 by September 2017. Greece’s fears
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Trade deficit expands by record 88.9 pct in July
EconomyMacroeconomy, while those to the EU eased 1 percent. Moreover, imports from EU countries rose by 3.4 percent, while
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CPI drops by 0.9 pct in August
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slightly slower pace of 0.9 percent in August, after dropping by 1 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. In contrast, the harmonised index of consumer prices (HICP) edged up for the third straight month
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Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
EconomyMacroeconomy, corporate loan balance declined by more than 1 billion month on month (MoM) to 93.82 billion on extended
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IMF's role in Greek bailout remains in doubt
EconomyProgrammeand personal income tax reforms. Thomsen reiterated that the pension reform yields just 1 percent
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Bad news for Greek Shipowners? Tonnage tax under European Commission scrutiny
Legalconstitute State aid within the meaning of Article 107(1) TFEU. The Commission also drew attention
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ELSTAT revises nominal 2015 GDP contraction to 1.3 pct
EconomyMacroeconomyMarch. This reflects a higher decrease in both households’ consumption by 1.8 percent (from 1 percent
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World Bank sets out savings Greece can make from streamlining welfare benefits
EconomyProgrammecredit to 1,600 euros (from 1,900 euros currently) with estimated savings of 1 billion euros (0.6
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