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  1. Greek banks' Eurosystem funding down for second month in a row in Feb

    EconomyMacroeconomy

    in the last three quarters of 2013. The ECB rate cut by 0.25 percentage points in mid-November has led

    2%
  2. Manufacturing PMI moved back into contraction territory in March

    EconomyMacroeconomy

    peaks – suggesting the manufacturing sector has made a positive contribution to GDP in the opening

    2%
  3. Eurogroup clears next bailout tranches for Greece, sets new goals

    EconomyProgramme

    the gap that has been created by court decisions reversing previous reductions to public sector salaries

    2%
  4. Industrial production rises for three months in a row for first time since 2007

    EconomyMacroeconomy

    figures mean that the index has been rising for three consecutive months for the first time since 2007

    2%
  5. Greece enters second year of deflation as CPI falls 1.3 pct in March

    EconomyMacroeconomy

    0.2 percent YoY, Greece has been in deflation. This peaked at -2.9 percent in November. As a result

    2%
  6. Greece exceeds expectations with first return to bond markets after four years
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    on a T-bill stock of 15 billion euros. However, this has to be offset against some 100 million

    2%
  7. EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target

    Economy

    of 487 million to February. Nevertheless, this year’s budget deficit has narrowed by 69 percent from

    2%
  8. Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010

    EconomyMacroeconomy

    from 12 percent for Piraeus to 22 percent for Eurobank. The troika has set a target for this ratio

    2%
  9. Slight rise in deposits for March but outflows at 2.2 bln for 2014

    EconomyMacroeconomy

    . The latter has dropped by 5.6 billion in the third quarter of 2013 compared to the corresponding quarter

    2%
  10. OECD sees Greek recession continuing in 2014, slower recovery to follow
    Photo by MacroPolis

    EconomyMacroeconomy

    . The economic think-tank notes that the Greek economy has started to turn around helped by buoyant tourism

    2%