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Coalition turns to growth plan for relief from negativity, poor poll numbers
PoliticsGreek Politicsparties has risen from 4.2 points about 18 months ago to 13.2 points now. Beyond these two parties, the average of the polls suggests that support for the other groupings has not changed much since last
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Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
EconomyMacroeconomyof the first programme review, central bank funding has fallen by 41.46 billion, with just over two thirds of this decrease attributed to lower ELA funding. Furthermore, Greek banks’ Eurosystem funding has
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Portugal, market access and programme exit
Agorain 2016. Portugal still has one of the highest NPL ratios in the eurozone, and is still struggling to find a comprehensive strategy to deal with it. It has however been able to attract foreign capital
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Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln
EconomyMacroeconomyfalling below the 24-billion-euro mark. There has been credit contraction in the Greek market... with net deductions exceeding 40.4 billion. The sharpest decline over this six-year period has been
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Economic sentiment and consumer confidence climb in July after review conclusion
EconomyMacroeconomyreading since February 2015. Since the beginning of the year, ESI has improved by 3.1 points... points has been recorded in the industry confidence indicator. In contrast, the retail trade
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Overdue social security contributions increase 827 mln to 23.3 bln at end of Q2
EconomyMacroeconomymillion in the previous quarter. Compared to the corresponding period a year ago, the Q2 figure has... in the last quarter of the year. Overall, KEAO has collected revenues of 2.25 billion since 2013
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Could reforms have prevented Greece's economic collapse?
AgoraThe Greek economy’s collapse in the 2010-2013 period has become legendary. Greece had already been hit hard by the global financial crisis in 2009, when it posted a sharp GDP drop of -4.3 percent... competitiveness gains that Greece has been asked to implement. The wide time horizon gives
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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesin internal demand which fell by 16 percent during the same period. According to the report, Greece has... hotels) has to be increased by 3.3 billion euros per year for the next five years, corresponding
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Capital controls to ease further from the beginning of September
EconomyMacroeconomya period of high political and economic uncertainty. The government has since been making plans... have been useful in encouraging the use of electronic payments rather than cash, BoG has noted
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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammeheadaches for Greek governments Nearly every major privatisation deal has been troubled by delays... has passed through four governments (PASOK, New Democracy, SYRIZA and two interim stints during
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