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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyfigures. Over the past 5 years, the retail turnover has retreated 26 percent reflecting a similar drop... increased by 2.3 pints to 4.8 in July posting a cumulative rebound of 27.6 points over the past 10 months... a rise in private consumption by 0.5 – 1 percent in 2014 for the first time in the past 6 years. Its
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Unemployment at 27.2 pct in May, hardly changed from previous months
EconomyMacroeconomy, the cumulative decline over the past 5 years stands at 23 percent, implying 1.05 million less employed since... to an increase in the number of unemployed by 845,000 or 182 percent over the past 5 years... the past two years, yet it has more than doubled compared to the May 2009 figure of 24.9 percent
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Greek economic sentiment and consumer confidence fall in August
EconomyMacroeconomy22 points over the past 1.5 year. Consumer confidence fell at an accelerating pace of 3.7 points... gains of 32 points over the past 12 months. Retail trade confidence also increased by 1.8 points... indicator showing deterioration (3.3 points) over the past 12 months.
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBanking441 branches (26 percent of total) have been shut down over the past 12 months. The bank says it has... five banks in the past two years, namely ATEbank in Q3 2012, the three Cypriot banks’ operations... shows a delinquency less than 89 days past due. The management said that the bank’s statistical
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Greek PMI drops into contraction territory in September, falling to 48.4 points
EconomyMacroeconomyfor the first time in the past five months and an improvement in suppliers’ delivery times. Following solid... the past four months. Lower purchasing activity also led to a drop in the stocks of purchases... than those in August. This is the first such movement over the past 2.5 years. In addition, a slower
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyin Q3, while the respective NSA figure rose 2.7 percent YoY. Over the past six years, investments..., while exports of goods rose by a modest 1.7 percent. Over the past six years, total exports... at a decelerating pace at 2.9 percent in Q3 from 8.2 percent in Q2. The aggregate figures over the past 6 years
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Newsletter 10 - 09/01/2015
members who were responsible for implementing austerity measures over the past few years. However... the course of the past week, the focus of domestic and international attention has increasingly been... in the Greek real economy in the past decade, i.e. China? * Chinese financial institutions (for example
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Newsletter 11 - 16/01/2015
’ message over the past few days, when conflicting comments have been made on key issues... servicing) in 2013 (earlier than predicted) and in 2014, albeit at a lower level in the past year... revenues used to calculate the volume of the primary surplus for the past year. But the financial
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SYRIZA's own goals one of main threats to party's poll lead
PoliticsGreek Politicsin the past, the way Makri phrased her response led to her being ridiculed and SYRIZA being accused... the insistence of some within SYRIZA in the past that Greece should leave the euro and print its own..., SYRIZA has also had to fight a number of self-made fires over the past few days. One of its
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Approach to protests, policing poses a new quandary for government
PoliticsGreek Politicsand Patras universities have been under occupation at certain times over the past few weeks by protesters... repeatedly supported rallies and hunger strikes in the past and is clearly reluctant to take... that has led to controversy and even criticism from human rights groups in the past but at the same
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