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Greek stocks drop 1.5 pct during week amid subdued trading activity
EconomyThe Greek stock market traded mostly in negative territory, closing 1.5 percent down on the week amid soft trading volumes. Investors preferred to remain on the sidelines adopting a wait-and-see stance ahead of upcoming development regarding the lifting...
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Stocks drop 1.3 pct during week with light trading volumes
EconomyThe Greek equity market fell 1.3 percent this week - mostly reflecting the losses of 2 percent on Friday, while the trading activity remained subdued for yet another week. Investors continue to stay on the sidelines, while their sentiment remains fragil...
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Another increase for stocks, which edge up 0.4 pct during week
EconomyThe Greek stock market edged up for the third straight week, rising by 0.4 percent but with soft trading volumes following a stronger rise of 2.3 percent last week as investors remain cautiously optimistic about a conclusion of the second programme revi...
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Stocks record losses of 1.8 pct during week, amid light trading volumes
EconomyThe Greek equity market traded mostly in negative territory this week with very soft trading volumes, dropping by 1.8 percent and ending a 3-week rally that saw cumulative gains of 7.5 percent. Investors preferred to stay on the sidelines, taking part o...
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Athens sees progress during first days of fourth review talks
EconomyProgrammeThe Greek government believes that discussions regarding the fourth review, which began in Athens this week, are progressing well. A senior Finance Ministry source told the local media on Wednesday that the negotiations, which started on Monday, are “as...
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Juncker heralds MoU exit but fails to add clarity during Athens visit
EconomyProgrammeWhile the visit of European Commission president Jean-Claude Juncker to Athens on Thursday was seen as a symbolic gesture ahead of Friday’s Eurogroup and within the context of the final months of Greece’s third programme, it did little to provide clarit...
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Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 6.40 billion euros in the first five months of the year, Bank of Greece (BoG) figures showed on Monday. The headline figure includes an arrears’ repayment of 662 million euros, of wh...
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Turnover in tourism grows by 11.5 pct during Q2
EconomyMacroeconomyThe turnover index in accommodation and food services remained positive for an eighth continuous quarter in the second quarter (Q2) of the year, increasing by 11.5 percent from 10.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures showed o...
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Turnover in tourism grows by 9.4 pct during Q3
EconomyMacroeconomyThe turnover index in accommodation and food services remained positive for a ninth continuous quarter in the third quarter (Q3) of the year, dropping to 9.4 percent from a revised increase of 11 percent in Q2, Hellenic Statistical Authority (ELSTAT) fi...
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OECD report highlights stress on Greek middle class during crisis
SocietyA publication by the Organisation for Economic Co-operation and Development (OECD) on the pressures faced by the middle class globally has shown that overall this sector of society has seen its standard of living stagnate or decline in recent decades. A...
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