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Greek population among highest for poverty risk, Eurostat survey shows
SocietyEurostat’s annual at-risk-of-poverty data updated for 2016 on the occasion of the the International Day for the Eradication of Poverty on October 17 showed that Greece has one of the highest percentage of population which is at risk of poverty in the European Union (EU). Specifically, the share
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Industrial turnover remains on growth path with 6.1 pct rise in Aug
EconomyMacroeconomyin September. In the year to date, industry confidence has improved by 4.3 points, from -5 in January.
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Revision sees 2016 fiscal surplus at 0.5 pct of GDP
EconomyMacroeconomybalance for 2016 has been downward revised to 0.5 percent of GDP, from 0.7 percent in April
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomythe target by 35 million euros. Since September 2016, the state budget deficit has improved by 68.9
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Overdue social security debt reaches 30.5 bln in Q3 on consolidation of debtors
EconomyMacroeconomyhas collected revenues of 2.55 billion since 2013 with a double-digit rise in each of the last two
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Eurobank raises 500 mln with covered bond issue
EconomyBankingEurobank became the second major Greek bank to return to the international markets with the issuance of a covered bond on Wednesday, its first since 2014. The bond has a conditional pass through structure and is euro denominated. It carries a fixed interest rate with a three-year tenor and a 2.75
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Credit contraction eases to 0.8 pct in Sept
EconomyMacroeconomyand came to 23.75 billion. The Greek market has been experiencing a contraction for the last six years
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Athens in dispute with Spanish ambassador over Catalonia stance
PoliticsForeign PolicyAthens is in the process of trying to settle disagreements with its neighbours, but has found itself embroiled in an unexpected row with a fellow European Union (EU) member state, Spain, over the crisis in Catalonia. Speaking to Sunday’s Eleftheros Typos newspaper, Spain’s Ambassador to Greece
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Lull in review talks gives PM chance to mind domestic agenda
PoliticsGreek PoliticsDemocracy has attempted for the last few months to push the law and order issue up the political agenda
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Retail sales drop by 0.3 pct in August, first negative reading for the year
EconomyMacroeconomyin September to stand at 2 points. This year to date, retail trade has deteriorated by 10.9 points.
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