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  1. Greece's biggest problem? Society's lack of openness
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    Agora

    to begin. In the five years since the eruption of Greece’s Great Crisis, a plethora of causes have...’s biggest problem, which it has done little to deal with, is its lack of openness as a society

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  2. Greek banks see Eurosystem funding drop to lowest level since 2009 in September

    EconomyMacroeconomy

    , according to their first half announcements. NBG’s ratio stood at the low end (10 percent), while Alpha’s

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  3. Greek primary budget surplus rises to 2.53 bln at end of September
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    Economy

    Greece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month period from 1.95 billion a month earlier, according to the final data released by the Ministry... 8.8 percent but 368 million below the target due to the extension of ENFIA’s payment by two months

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  4. Developments in Greece produce volatile market reaction

    Economy

    The Greek stock market plunged 5.38 percent on Friday in the aftermath of the Eurogroup’s indication that it would support a precautionary credit line for Greece in the form of an Enhanced Conditions... percent lower, thereby offsetting the preceding week’s gains. Since the beginning of the year

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  5. Unpaid taxes up to 1.22 bln in October as total reaches 71.2 bln

    EconomyMacroeconomy

    Greece’s unpaid taxes rose to 1.22 billion euros in October from 1.03 billion in September, according to data provided by the General Secretariat of Information Systems (GSIS) on Tuesday. The October.... The 10-month figure indicates a 50 percent rise on last year’s item of 7.28 billion. GSIS data also

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  6. Greek trade deficit widens 34.2 pct in Sept as exports slip for third month

    EconomyMacroeconomy

    Greece’s trade deficit widened by 34.2 percent in September after a drop of 29.5 percent in August, according to the Hellenic Statistical Authority (ELSTAT). In absolute terms, September trade... again after a short-lived drop in August. September’s figure indicating wasthe sixth positive

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  7. Greek economic sentiment and consumer confidence up again in November

    EconomyMacroeconomy

    Greece’s economic sentiment rose for the second consecutive month in November, increasing to 102.7 from 102.2 in October, according to the European Commission (EC). The November ESI figure... point to -49.9 from -50.9 in October. November’s indicator is the third highest reading in 2014

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  8. Greek loan rates remained well above euro area average in October

    EconomyMacroeconomy

    the 2-percent mark since Greece’s accession in the eurozone in 2002. The drop in October led the year... area rate. This month’s change reversed the sharp drop of 44 bps recorded in September

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  9. Greek exports up 7 pct in October, reach highest monthly level for 2014
    Photo by MacroPolis

    Economy

    Following a downward trend in the preceding three months, Greece’s exports rebounded by 7 percent in October, according to the flash estimate of commercial transactions released by Hellenic... following a rise of 7.6 percent in September. October’s figure is the seventh positive reading so far

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  10. Greek stocks post second highest drop on record over political concerns

    Economy

    The government’s sudden decision to bring forward the presidential ballot by two months proved a negative surprise for the domestic stock market and investor sentiment was seriously damaged. A sell... also peaked in today’s session with the turnover hiking to 218 million euros way above the average

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