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Sales season pushes November retail volume to growth for the first time since March 2010
Economyin domestic consumption. In an effort to support struggling retail sales, the government has legislated... will prove whether November was an exceptional month or signalled that the retail nosedive has
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C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
EconomyMacroeconomyand a 2.3 percent increase in export receipts. Note that the exports growth has turned negative..., the extension of the tourist period beyond August has had an incrementally positive contribution on the rest
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Should Greece really ask for a debt haircut?
Agorais that it has reached terrifying proportions. In the third quarter of 2013 it reached 171.8 percent of GDP... that even the second master is not satisfied, leading to a further destabilisation of a government that has
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Greece poised to build on investor sentiment with return to bond markets
EconomyThe Greek government has emerged from this week’s Eurogroup and Ecofin with renewed confidence about the country’s economic prospects and buoyed enough to consider an imminent return to bond markets..., Finance Minister Yannis Stournaras told reporters “Greece has not just changed page or chapter
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Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
Economy. The latter has tripled since 2010 when Russian tourists stood at 451.2 thousands. Nevertheless, although being above average the daily spending by Russian tourists (93.5 euros) has been on a consistently
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Golden Dawn to compete in EP elections but its longer term future is unclear
PoliticsGreek PoliticsOne of the unknowns going into the May 25 European Parliament elections in Greece has been cleared up: Golden Dawn will take part in the contest. The Supreme Court decided over the weekend... third place in the elections no longer looks such a sure thing because it has been overtaken
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Piraeus snaps up share in MIG to complete series of corporate moves
EconomyBankinga premium of 10.2 percent on MIG’s current price of 0.49 euros. Piraeus Bank has committed to convert... million euros. One year later, Piraeus Bank has become MIG’s major shareholder.
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First round of local elections leave Greek politics finely balanced
PoliticsGreek Politicsis backed by PASOK and Democratic Left (DIMAR) and has years of experience in the role. Dourou... the months to come. SYRIZA will be hoping it has broken through a psychological barrier by performing
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Historic victory for SYRIZA in EU vote unlikely to dislodge Greek coalition
PoliticsGreek Politicsand perhaps the main factor preventing SYRIZA feeling it has a mandate to push for snap elections... a third of Greece’s voters, Dourou now has a chance to show Greeks if SYRIZA is capable
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Greek economic sentiment for May at highest point since August 2008
EconomyMacroeconomyheld. Since then, economic sentiment has been following an upward trend, rising by more than 20... figure has improved by 24 points with the May reading reaching its highest level since February
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