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  1. Retail sales slip 0.1 pct in Dec, drop of 2.8 pct in 2015

    EconomyMacroeconomy

    year, retail sales fell 2.8 percent. The December headline figure indicates the lowest negative..., following a drop of 4.4 percent in November. The full year figure points to a contraction of 1.4 percent

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  2. Mitsotakis aims to prove credentials by tackling party's finances
    Photo via @kmitsotakis

    PoliticsGreek Politics

    are just over 8 million euros, while it earns around 4 million per year. This has caused New Democracy... the next three years the party’s spending by 70 percent to 2.5 million euros per year. The first step

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  3. Greek stocks surge 9 pct, up for third successive week

    Economy

    posted on February 11, the Greek market has rebounded by 25.4 percent but its year-to-date losses... percent since the beginning of the year. Top gainers this week included Eurobank (+43.3 percent), Piraeus

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  4. Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln

    Economy

    to 7.42 billion at the end of Q4. Within Q4, EIB issued 3 bonds with a 15-16 year tenor for a total... short-term (up to 1 year) and medium-term (1 to 5 years) debt. Greece’s cash deposits advanced

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  5. OECD sees potential for recovery in Greek economy, stresses benefits from reforms
    Photo by MacroPolis

    EconomyMacroeconomy

    pace of 5.7 percent, in 2017. Exports and imports are seen dropping for the second straight year... percent in 2017. The OECD estimates inflation will resume as of this year with the harmonized index

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  6. EU-Turkey refugee plan: One for one and none for all
    Photo by MacroPolis

    Agora

    adopted last year has failed. The lack of participation from most EU member states has rendered... than 900 have been relocated since last year. However, even if the relocation scheme worked more... raised serious doubts about the safety and legality of sending back asylum seekers en masse to Turkey

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  7. Improvement for services sector turnover in Q4

    EconomyMacroeconomy

    After falling in the preceding two quarters, the majority of the turnover indices for the services sector rose year on year in the fourth quarter (Q4) of 2015, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. Eight out of the 14 services activities posted a rise in Q4

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  8. A misstep away from absurdity

    Agora

    in September of the following year. Kammenos was embarrassed within hours of his furious demands for Mouzalas... parties and Tsipras’s government has made efforts since last year to strengthen ties with Skopje

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  9. Travel receipts fall 4.7 pct in Jan but surplus rises to 32.1 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    . As a result, the travel balance surged to 32.1 million from 11.3 million a year ago. The recorded... to SETE, the key preconditions for strong tourism performance and confirmation of its forecasts this year

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  10. Declining flow of refugees gives struggling government some hope

    PoliticsForeign Policy

    to 7,874 during the whole of March last year. Mardas The political ramifications of the refugee crisis... responsible for 23 percent of total foreign investment in Turkey last year. However, the awkward

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