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  1. Newsletter 93 - 21/10/2016

    Newsletters

    for a mild GDP contraction of 0.3 percent for 2016 and a strong rebound of 2.5 and 3 percent for 2017... of this year. This means that flexible types of work made up more than 6 out of 10 hirings. The largest

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  2. Greece drops three places to 61st in World Bank's ‘Doing Business’ ranking

    Economy

    Greece’s position in the “Ease of Doing Business” ranking deteriorated by 3 spots, the World Bank’s 2017 Doing Business report revealed on Tuesday evening. Greece is ranked 61st among 190 countries... and it costs 1.8 percent of the warehouse value. Getting Electricity in Greece (52nd) requires 6

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  3. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent, while water supply production also declined by 1 percent with a slight weight of 3 percent..., but it accounts for only 6 percent of the IPI. The main industrial groupings displayed mixed trends

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  4. Greek stocks rise for third consecutive week as trading increases
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    in the last four weeks. Piraeus Bank was the top gainer for the second consecutive week (+6 percent) followed... by 37 percent to 187.1 million. MIG posted a 3 percent drop in 9-month sales to 848.4 million

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  5. New poll hurts coalition's recovery hopes as Turkey threat grows
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    continues to show To Potami and Independent Greeks failing to make the 3 percent threshold and Zoe... into Parliament are Golden Dawn (8 percent), the Communist Party (6 percent) and PASOK (5.5 percent

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  6. Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek households’ new time deposit rate dropped for the second straight month, albeit at a slower pace, by 3 basis points (bps) to 0.76 percent in October, after a decline by 8 bps in September, Bank... by 6 bps to 2.69 percent, while the rate in loans to sole proprietors remained almost stable at 7.39

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  7. Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    . The absolute figure landed at 947 billion US dollars in mid-2016, down by 6 billion from the mid-2015... Greece had 3 billionaires in 2016. Wealth in Greece peaked to 1.57 trillion dollars in 2007

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  8. No fear of the bear? Bilateral economic relations between Germany and Russia
    Photo by Kostas Tsironis/Fosphotos

    Agora

    is confident that German investments in the Russian economy reached up to 3 billion euros ($3.3 billion.... Deutsche Bank is said to have found a total of $10 billion of suspicious trades in Russia, including $6

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  9. Stocks dip by 0.2 pct, lack of trading activity continues
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    percent. Bank stocks fell 3 percent this week almost offsetting the gains of 2.7 percent recorded... drops were recorded by Piraeus Bank (-6 percent), Eurobank (-4.8 percent) and National Bank – NBG

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  10. Retail sales rebound 1.4 pct in Jan after brief fall in Dec
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    sales not in store (+6 percent) and books, stationery and other goods (+3.5 percent). Slower increases were also recorded by supermarkets (+3.1 percent) and clothing and footwear (+3 percent

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