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OECD sees economy picking up from second half of 2016, underlines need for reforms
EconomyMacroeconomyin 2017. Exports and imports are seen dropping 1 and 1.9 percent respectively this year and increasing
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CPI falls at decelerating pace of 0.9 pct in May
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slower pace of 0.9 percent in May from a drop of 1.3 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The May headline figure is the first reading below -1 percent since February and means that there was a decline
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Industrial production rebounds 2.8 pct in April
EconomyMacroeconomy) and water supply (+2.6 percent). In contrast, electricity production slipped 1 percent. Mining
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Building activity falls by 11.5 pct in March for third straight decline
EconomyMacroeconomyto a further drop of 5 percent in 2016 and 1 percent in 2017. In addition, housing loan balances have
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NBG completes sale of Finansbank to Qatar National Bank
EconomyBanking, the phased-in Common Equity Tier 1 (CET1) ratio stood at 17.2 percent in Q1, while the fully-loaded CET1
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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomywith interest payments down 1 percent to 3 billion. PIB balance posted a deficit of 154 million euros in May
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Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
Economy– EYDAP (-1 percent). The trading activity peaked above the 100-million-euro mark on Friday. Overall
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Marinopoulos travails point to wider difficulties for supermarket sector
EconomyFeaturesis estimated at around 1 percent of Greece’s GDP and around 13,000 people are employed by them. The company’s
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Trade deficit climbs for second straight month in May, rising by 12.5 pct
EconomyMacroeconomypercent, while those from EU countries eased 1 percent. Stripping out the impact of oil products
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Greece lagging in EU innovation rankings
Economy, Greece’s performance is way below its European peers in venture capital investments (at just 1
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