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August trade deficit shrinks by 29.5 pct as imports fall faster than exports
EconomyMacroeconomyis the sixth negative one in the 8-month period. In absolute terms, August exports reached 2.06 billion
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ECB results light up path for Greek coalition's bailout exit plan
PoliticsGreek PoliticsAfter a series of knock-backs in recent weeks, the coalition received its first boost for some time on Sunday when the European Central Bank’s stress tests revealed that Greeks lenders could need as little as 18 million euros in new capital. The figure is infinitely lower than the one being
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Greece continues to edge up in "ease of doing business" rankings despite persistent problems
Economyhighlights that Greece retains one of the highest numbers of limitations (7) to freedom of contracts
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Greek retail turnover advanced for the third straight month, 4.5 pct in August
EconomyMacroeconomypercent, while volume rose by 2.4 percent. One sector, department stores (-10.8 percent), exhibited
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Greek coalition left with bailout exit conditions it wanted to avoid
PoliticsGreek Politicsshould be. One other aspect of the current loose agreement appears to be the abandonment, at least
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Developments in Greece produce volatile market reaction
EconomyThe Greek stock market plunged 5.38 percent on Friday in the aftermath of the Eurogroup’s indication that it would support a precautionary credit line for Greece in the form of an Enhanced Conditions Credit Line (ECCL). As a result, the Athens Stocks Exchange (ASE) general index lost in just one
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Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomyyear on year (YoY) and 0.9 percent MoM. From the 12 main groups of goods and services, only one
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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomypercent. Building activity is one of the sectors mostly hit by the crisis with building permits slumping
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Among euro area SMEs, Greeks face most problems with access to finance
EconomyAlmost one third of Greek small and medium-sized enterprises (SMEs) named “access to finance” as the most pressing problem, according to an ECB survey on this subject conducted between April – September 2014. The Greek SME rate (32 percent) is by far the highest in the eurozone, followed by Ireland
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SYRIZA shows keener interest in foreign policy as possible elections near
PoliticsForeign Policyin a speech to party MPs. "The continuation of the state is one thing, the continuation
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