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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
EconomyMacroeconomyGreece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked growth of 7.4 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index also had a significant drop of ...
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Trade deficit rises sharply in June as exports continue to fall
EconomyMacroeconomyGreece’s trade deficit rose sharply by 33.2 percent year-on-year (YoY) in June, after a 31.6 percent drop in May, according to data released by ELSTAT on Thursday. The deficit came to 3.14 billion euros for June. Imports totalled 7.08 billion euros, ris...
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Energy continues to drive import price drop as June records 4.7 pct YoY fall
EconomyMacroeconomyGreece’s import price index remained in contraction in June, with a drop of 4.7 percent year-on-year (YoY), after a 4.2 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The ind...
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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded a minor contraction in July, with a drop of 0.5 percent year-on-year (YoY), after an increase of 1.6 percent in June, ELSTAT data showed on Friday. This is the first contraction of the year, following six con...
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Fuels and food drive 0.7 pct YoY fall in Sept retail sales
EconomyMacroeconomyGreece’s retail sales dropped by 0.7 percent year-on-year (YoY) in September, after a strong rise of 5.1 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. September’s negative reading reversed the recent trend of three co...
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Newsletter 13 - 30/01/2015
statements and xenophobic tweets from representatives of Independent Greeks (Anel), including party... that the coalition with Anel was announced on the 70th anniversary of the liberation of Auschwitz
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Less is more: The Greek government needs a chisel, not a sledgehammer
Agoraof Independent Greeks (Anel), including party leader Panos Kammenos, the demand for explanation... viewers and international observers that the coalition with Anel was announced on the 70th
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Greece: How events could unfold over the next few weeks
PoliticsGreek Politicsthe possibility of an exit from the euro. Coalition partner Independent Greeks (ANEL) is largely a passenger..., that will not be easy to reverse in the short term. One possibility is that both SYRIZA and ANEL accept the deal
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Agreement creates array of political challenges for Tsipras, who must move fast
PoliticsGreek PoliticsGreeks (ANEL), on Monday afternoon. Both parties’ parliamentary groups are due to gather on Tuesday morning to assess the content of the agreement. There are a number of demands which SYRIZA and/or ANEL
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Tsipras hints at post-election scenario of grand coalition, without him as PM
PoliticsGreek Politics(ANEL). However, there are doubts about whether ANEL will get over the 3 percent threshold to win
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