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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomymore than counterbalancing the coincidental inflows of 2.35 billion recorded in December. The monthly negative flow reflects savings and sight outflows of 323 and 269 million respectively more than
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Better income account helps squeeze Greek C/A deficit in January
EconomyMacroeconomyprimarily reflects an improvement in the income account by 149 million more than offsetting a widening.... In contrast, the non-oil trade deficit narrowed on higher reduction in the import bill than the drop
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Greek retail index dropped 4.3 pct in January
EconomyMacroeconomydue to increased sales during the Christmas period more than offsetting the impact from the launch... the drawn-out revival in domestic consumption. The turnover headline index settled 28 percent lower than
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DIMAR rules out coalition return but sees general elections on horizon
PoliticsGreek PoliticsAntonis Samaras and Deputy Premier Evangelos Venizelos, rather than their parties: New Democracy... there are serious ideological differences, rather than a disagreement over a particular policy
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Does return to markets signal end of Greek crisis? The perils of ignoring macro-economic fundamentals
Agora. For more than three years the credit contraction in the Greek economy has been deepening, with lending... and finance ministry, then Greece currently and in the foreseeable future has no better investor than
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Greek jobless rate eases for fourth straight month but still at 26.7 pct
Economy. The peak number was recorded in September at 1.39 million. The number of unemployed is more than triple.... For all other age groups the unemployment rate has more than tripled over the past 5 years
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EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target
EconomyGreece’s budget execution showed a primary surplus of 1.57 billion euros in the first quarter of 2014, three times higher than the 520 million recorded in the corresponding period last year... better than target. The high PIB revenues posted in February led the 3-month figure to 2.04 billion
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Eurobank gears up for crucial but contentious capital increase
EconomyBanking), to sell its shares in the lender at not only less than it bought them last year but less than
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomyimproves to 932 million. Nevertheless, the latter stands 634 million lower than the 3-month preliminary numbers released by the Ministry of Finance on April 14. More than half of the deviation is related
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PASOK stakes coalition survival on voters’ fear of uncertainty
PoliticsGreek Politicsthan their rivals. In the 2010 local elections, for instance, almost 55 percent of the mayors elected... backed either by the conservatives or socialists. SYRIZA elected less than 5 percent of Greece’s
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