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  1. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and reached 94.47 in December, which is the highest reading since August 2012. For the whole year, IPI... the last 1.5 year mostly attributed to the heavy snowfall that led to notable drops in both output

    1%

  2. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    years old) decreased at a faster pace of 0.9 percent from the previous year, while older houses... deductions of 14.3 billion euros over this six-year period. According to BoG, around 42 percent

    1%

  3. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    to 682 million in Q3 and then peaked to 992 million in the last quarter of the year. The Q4 figure... in the previous year. At the end of 2016, cumulative provisions stood at 46.22 billion corresponding to almost

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  4. Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan

    EconomyMacroeconomy

    (+1.4 percent) and transport (+1.3 percent). Last year CPI fell for the fourth straight year by 0.8

    1%

  5. Gains of 2.5 pct for stocks this week amid subdued trading volumes
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    year to date losses to 0.6 percent. Bank shares stayed volatile for yet another week, recording... of the year. The top performing stocks this week included Coca Cola (+7.2 percent), Alpha (+6.6 percent

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  6. Job departures hit 17-year high of 29,817 in January
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance stayed negative in January 2017, with net departures climbing to 29,817 from 9,954 a year ago, data from the Labour Ministry’s Ergani information system revealed on Tuesday. This year’s figure is the third successive and the highest reading for January net departures since

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  7. Tormenting Greece with a distorted picture
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    of 1.53 billion euros in January but the first month of the year has traditionally seen deposits... increase in the outflow compared to a year earlier is a warning sign but not a cause for panic

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  8. Athens remains optimistic but no breakthrough in talks yet
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Central Bank’s QE programme this year, Athens would hold a test bond auction within 2017. He did... to the markets sometime this year. The deputy prime minister also said that the government would discuss

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  9. Stocks rebound by 0.7 pct for third straight week amid light trading activity
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    gains to 4.2 percent in the last three weeks. Since the beginning of the year, Greek shares have risen... in the course of the year. The stocks that recorded the best performance this week were Sarantis (+3.9

    1%

  10. Greece, lenders tie up some loose ends and continue negotiating
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    on a new mechanism for timely projection of each year’s fiscal outcome (before the ratification by Eurostat in April of the next year) could be agreed by the institutions allowing for the activation

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