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Industrial production shows growth of 0.8 pct in November
EconomyMacroeconomyon Tuesday. In the figures for 2017, the IPI has remained steadily in positive territory. The latest figure... that in the year to date, industry confidence has improved by 5.9 points. Additionally, the Markit
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Survey shows that Greeks cut back on healthcare visits in 2017
SocietyResearch by the National School of Public Health has revealed the changing habits of Greeks during the crisis when it comes to addressing their health problems. According to the research, published... has been carried out regularly since 2001. In the past year, three out of 10 respondents
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Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
EconomyProgrammeMonday’s Eurogroup is expected to confirm that the third review has been completed and that Athens will be able to receive its next tranche of bailout funding once a few remaining prior actions... of arrears has been fully allocated. According to Deputy Prime Minister Yiannis Dragasakis
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Brussels sets out guide for post-MoU financing needs, cash buffer
EconomyProgrammeof a cash buffer. This is the first time that the eurozone has acted on the agreement of the June.... The financing schedule between now and the end of the programme has 18.4 billion euros, which creates a cash
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Greek banks complete first round of covered bond issues
EconomyBankingAlpha Bank has become the latest among Greece’s four systemic banks to carry out a successful covered bond issue with the public auction of a 500-million euro bond last week. The bond was released... and 2.75 percent yield to maturity. The bond is listed on the Luxembourg Stock Exchange and has
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Athens prepares for bond issue, eurozone works on growth/debt mechanism
EconomyProgrammeof the concerns the coalition has going forward is that investors may see more of a risk in holding... ministers by the end of March. The newspaper claims that the aim is to ensure that Greece has as light
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Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 pts
EconomyMacroeconomyto 76.3 in August 2015 due to the prevailing uncertainty. As confidence has slowly returned, the ESI has gradually improved, especially after May 2017 and the successful conclusion of the second
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Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
EconomyMacroeconomyGreece’s new tax debt rose by 1.3 billion euros in December, rising from November’s figure of 1.19 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed. New unpaid... to 80.7 percent, down slightly from last year’s figure of 80.9 percent. The IAPR has set a goal
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Commission keeps outlook on Greece stable, sees growth picking up this year
Economyand delivering enhanced competitiveness. Investment has underperformed, though. According to the Commission... employment has brought the unemployment rate down by 2.7 percentage points since the end of 2016
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Manufacturing wage cuts were turned into profit, GSEE study claims
EconomyFeaturesA study by the General Confederation of Greek Workers (GSEE) has stated that lower wages during the crisis resulted in greater profit margins for companies rather than lowering prices. Wage..., leading to reduced competitiveness on the international markets. “Perhaps the time has come
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