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Greek jobless rate remains stuck at 27.3 pct for third month
Economymillion. This year’s peak of 3.39 million came in February. The monthly movements in the absolute... of the country’s population recorded an unemployment rate of 28.1 percent, almost 1 percent point above
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Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln
EconomyBanking, the gains from the revaluation of HFSF’s participation in the four systemic banks stood at 2.5 billion euros... included the cancellation of HFSF pre-emptive rights, the fund’s shareholding in banks’ capital
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Central gov't primary cash surplus reaches 1.37 billion in first half of year
EconomyMacroeconomyGreece’s central government net balance to June on a cash basis showed the deficit shrinking by 78 percent, or 6.8 billion euros, to 1.82 billion from 8.72 billion last year, according to the Bank... government figures on a cash basis, while the respective items included in the Ministry of Finance’s
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Greece sizes up task of restructuring corporate debt
Economy, the workshop indentified that current legislation prevents consultation among the company’s... of the state’s and social security funds’ claims against those of other creditors emerged as a critical issue
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomyincrease in non-resident’s arrivals. Likewise the previous months, the drop in the income deficit (by 245... transfer receipts, despite a worsening performance in May Non-resident’s direct investment in Greece
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Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
EconomyGreece’s budget execution showed a primary surplus of 707 million euros in the first half of the year from a primary deficit of 1.51 billion in the corresponding period last year, according... by 943 million. MoF noted that this year’s expenses were burdened by the payment of the social dividend
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomy-digit drop or increase in their May turnover. Apart from the hard data, the Markit’s Manufacturing.... “Greece’s PMI fell back below the crucial 50.0 mark in June, dragged lower in part by slower growth
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Greek gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP
EconomyGreece’s general government debt slipped by 3.9 billion euros quarter on quarter to 314.8 billion euros, or 174.1 percent of GDP, at the end of Q1 2014 from 318.7 billion, or 175.1 percent... posted in May. The change in long-term loans stems from the last tranche of 6.3 billion from Greece’s
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Greek deposits inch up again in June, reaching 163.21 bln
EconomyMacroeconomy- savings’ inflows of 229 million more than offsetting time outflows of 708 million. June’s positive...’ inflows of 1.79 billion and 564 million respectively. June’s figures meant the year to date
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Credit contracts by 3.5 pct in June, balances at 214.81 bln
EconomyMacroeconomyvolatility. June’s negative flow is the lowest reading year to date. Expansion in loans to sole... billion, is among the government’s key priorities in the near future. Following a meeting between
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