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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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Building activity posts first rise in 20 months but overall picture grim
EconomyMacroeconomythan 90 percent) is related to the private sector. The regions with the highest decline are Epirus...-performing loan ratio has more than tripled to 24 percent at the end of June 2013 from 7.4 percent at the end
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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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Deposits up again in December but credit contraction continues apace
EconomyMacroeconomydeductions of 139 and 110 million respectively more than offsetting additions of 76 million in the sole... official data. This corresponds to a total stock of 66 billion loans that are past due for more than 90
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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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Building activity up by 36.2 pct in Nov as rebound continues
EconomyMacroeconomydrop of 27.4 percent in permits. The bulk of total building activity (more than 90 percent) is related.... At the same time, the housing non-performing loan ratio has more than tripled to 24 percent at the end of June
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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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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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