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  1. Stocks down 0.4 pct this week after tumbling in wake of Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The Greek equity market showed two sides this week. Initial prospects for a positive outcome at Thursday’s Eurogroup pushed shares up by 3.4 percent in the first four sessions. However, those gains were erased as the market fell by 3.6 percent on Friday after the inconclusive meeting of eurozone

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  2. Athens searching for compromise formula should IMF remain on board
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that no decision can be taken until the Fund’s board clarifies its intentions regarding the Greek

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  3. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) increased by 2.2 percent in December after a downward revised growth of 2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The headline figure for December is the ninth straight positive reading. The continued upswing

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  4. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    scenario of Greek banks’ stress tests conducted by the Single Supervisory Mechanism (SSM) 1.5 years ago

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  5. Opening the electricity market and possible introduction of "Small PPC" as part of bailout review

    Legal

    . However, this is something that the Greek government might find difficult to accept, since it insists

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  6. Building activity down 1.4 pct in November
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits edged down 1.4 percent in November after dropping by 5.7 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The absolute figure for permits stood at 1,150 in November, which is the second highest reading in 2016, after the high of 1,392 posted

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  7. Greece cleared arrears of 3.1 billion in 2016

    EconomyMacroeconomy

    The Greek government cleared arrears to the private sector of 565.6 million in December, according to figures published by the Finance Ministry (MoF) on Monday. As a result, the total amount of payments for general government (gg) arrears clearance stood at 3.13 billion in 2016. This figure relates

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  8. Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) rose 1.2 percent in January after zero growth in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. This is the first positive CPI reading since February 2013, with the domestic economy remaining in steady deflation in almost four years

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  9. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The drastic changes in the Greek labour market were depicted in a special report released by the Hellenic Statistical Authority (ELSTAT) on Friday, which showed the evolution of a number of important features from 1981 until 2015. The labour force in Greece had steadily increased until 2009, when

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  10. Athens grapples with awkward reduction of tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . The IMF has repeatedly stressed that more than half of Greek wage earners are exempt from paying

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