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What is the bookies' take on the Greek local elections?
PoliticsGreek Politicsindicates a clear SYRIZA win with the odds at 1.13 compared to 4.75 for New Democracy. SYRIZA’s odds stood at 1.40 until May 13 and followed a downward trend thereafter. In contrast, New Democracy’s odds have... and Democratic Left follow (odds at 250), while odds for Elia (PASOK’s Olive Tree alliance) and LAOS
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What kind of poll win does SYRIZA need to eye snap elections?
PoliticsGreek PoliticsThere will be a number of results to look out for in Greece’s elections on Sunday: Will SYRIZA win... that there is no evidence of public opinion moving in SYRIZA’s favour. Turnout A low turnout for the European vote..., that a convincing SYRIZA win will prompt early elections. Much will depend on the government’s cohesion and whether
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
EconomyGreece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months..., bringing the four-month figure to 2.58 billion, which is similar to last year’s level and 76 million... figure up 179 percent to 906 million, 431 million above target. This year’s growth mainly reflects
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Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
EconomyMacroeconomyon the seasonality of this year’s visits indicate that 2.7 million visits are scheduled for June and September... in these months and last year’s ceiling of 2.11 million, part of the scheduled visits in the peak... to 74.6 euros, also falling short of Spain’s figure by 32 percent. SETE did not update on Wednesday its
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Accommodation and food services index rises by 44.9 pct in Q1
EconomyMacroeconomyby 1.7 percent to 74.6 euros, also falling short of Spain’s figure by 32 percent. The relative... report, with Greece’s travel and tourism’s direct contribution to GDP at 6.5 percent in 2013, well
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BoG sees encouraging signs for Greek economy but warns on reforms
Economythat support the BoG’s expectations stem from the bottoming out of the drop in consumption, the positive... to the slight increase compared to last year’s 0.8 percent is the improvement in the services balance... of debt and sustain the country’s access to capital markets. c) Reorientation of the production model
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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomy-resident’s arrivals up 21.1 percent. The reduced income deficit (by 249 million to 762 million) stems... million to 2.07 billion) is owed to higher general government net transfer receipts. Non-resident’s... for 2014 C/A surplus from 2 percent to 1 percent. The slight increase to last year’s figure of 0.7
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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek Politicsthe eurozone but the coalition’s appetite for adopting measures appears to be waning. The government... work to do in a short period of time. Greece’s new finance minister, Gikas Hardouvelis, is expected... of the “adjustment fatigue” that the IMF warned about in its report last week. With PASOK’s support
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Greece sees travel receipts shoot up by 35.8 pct in April
EconomyMacroeconomyin the current account’s services balance remained broadly flat at 9.1 percent, primarily due to a higher rise.... In particular, SETE figures on the seasonality of this year’s scheduled visits indicated that 2.6.... SETE’s latest estimates for travel receipts in 2014 are for a rise of 6.6 percent to 13 billion
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Greek trade deficit rises further in April as exports fall by 20.8 pct
EconomyMacroeconomyGreece’s trade deficit rose for the third straight month at an accelerating pace of 17.2 percent... (ELSTAT). April’s performance led the 4-month trade deficit up 6.8 percent to 7.11 billion. The double... Greek exports” showed that Greece’s export performance is lagging dramatically. The report also stressed
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