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Unemployment at 27.2 pct in May, hardly changed from previous months
EconomyMacroeconomystand around 0.5 percentage points (pp) lower than a year ago. Although youth unemployment fell by 6.5... the past two years, yet it has more than doubled compared to the May 2009 figure of 24.9 percent
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Greek primary cash surplus reaches 1.8 bln in H1 2014
EconomyMacroeconomydecrease in the long-terms bonds by 8.1 billion euros, which is more than offset by a net increase..., the EFSF/ESM/IMF loans stood at 219.71 billion euros corresponding to more than two thirds of total
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Tourist arrivals in June increase 13.7 pct, bringing significant rise in receipts
EconomyMacroeconomy, 6 percentage points higher than the rate of arrivals. A similar pattern was also evident... tourism sector each year. In 2013, more than half (55.4 percent) of the full year arrivals occurred
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Greek trade deficit rises by 7.4 pct in June but rate of increase slows
EconomyMacroeconomy, which was slightly lower than that in May (1.72 billion). The movement in June reflects an increase... of 32.6 percent, significantly higher than the headline figure of 7.4 percent. The geographical
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Rate of credit contraction rises to 3.7 pct in July, balances fall
EconomyMacroeconomy, the sector had posted net additions of 71 and 84 million respectively, which were more than offset... 33.5 percent in Q1. More than half of the 77 billion euros in NPLs at the end of Q1 derived from
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBanking. The latter mainly reflects higher deposit NII on improving time deposit spread more than offset..., where spreads are 20 bps lower than new production, is expected to continue supporting NII growth
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Samaras seeks late summer boost from talks with troika in Paris
PoliticsGreek Politicsof the year at the Thessaloniki International Fair on Saturday and would like nothing more than to be able... to elect a new president. The coalition needs to convince more than 25 independent MPs and lawmakers from
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Greek trade deficit widens by 29.4 pct in July as import rate soars
EconomyMacroeconomydeficit’s growth rate is 10 percentage points lower than that of the headline figure at 19.4 percent... was more than double compared to the headline figure at 23.9 percent. The geographical breakdown
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Standoff over civil servants in Greece bears hallmarks of pre-election clash
PoliticsGreek Politicsor those who have committed offences while working in the public sector. Already this year more than 550 civil servants have been sacked after being found guilty of crimes. This is more than double
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Value of HFSF participation in Greek banks falls to 17 billion
EconomyBankingperiod reflects a loss of 4.96 billion euros in Q2 more than offsetting the profit of 1.45 billion...) injected in Alpha, NBG and Piraeus in 2013. However, HFSF has received until now less than 350 million
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