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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyof CPI change in 2013 was negative at -0.9 percent for the first time in more than 45 years, according... from the ongoing impact of the austerity measures rather than a rationalisation of the pricing
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Topsy-turvy ride continues for Independent Greeks, as another MP goes
PoliticsGreek Politicsis significant in that it reduces Independent Greeks to just 17 seats, one fewer than Golden Dawn... proved more enduring than many had thought. This makes the part a potential coalition partner in a future
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Indices for turnover, new orders in industry post big falls in November
Economysector, which more than offset a moderate rise in the mining and quarrying sector by 2.7 percent... in December, peaking to its highest level in more than four years as it reached 49.6 points from 49.2
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Preparations for local elections expose SYRIZA weakness
PoliticsGreek Politicspolitics, which tend to be community- rather than nation-driven. On Friday, New Democracy MP Yiannis... of Thessalonik rather than the governorhsip. This week’s events underline how much more complicated Greek
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Greek deflation slows to 1.5 pct in January
EconomyMacroeconomy. The headline figure for 2013 was negative at -0.9 percent for the first time after more than 45... demand stemming from the ongoing impact of the austerity measures rather than a rationalisation
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Where Greek banks stand ahead of capital needs disclosure
Economyin their business plans until 2017. The capital needs will reportedly be based on the baseline (rather than.... The lender believes the proceeds will more than cover its potential capital needs. Nevertheless, the recent
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What lies at the heart of differences over Greek banks' capital needs?
Economylarger than the one the BoG has reportedly arrived at. In addition, the newspaper states that senior... estimates are most likely based on the adverse rather than the baseline scenario for the domestic economy
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Another party arrives on Greece's increasingly diffuse political scene
PoliticsGreek PoliticsJournalist and TV presenter Stavros Theodorakis officially launched a new party on Tuesday. Rather than for its content, his muddled presentation was more notable because it heralded the arrival... leave no party with a clear majority, requiring several political fault lines - some much greater than
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Unemployment closes 2013 with new high of 27.5 pct in last quarter
EconomyMacroeconomystable at 23.3 percent. In contrast, the ‘long-term’ (more than 1 year) unemployment further rose... than one percentage point to 26 percent in 2014 and further to 24 percent in 2015 and 21 percent
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Building activity nosedived for the fourth straight year, down 27.6 pct in 2013
EconomyMacroeconomy, the housing non-performing loans ratio has jumped to 25.8 percent at the end of September 2013 more than 3.5 times higher than the figure (7.4 percent) at the end of 2009, according to the latest official data
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