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Key obstacles remain in bailout negotiations for pressured govt
PoliticsGreek Politicsafter Tuesday’s night talks that Greece and the lenders are closer on a range of issues but admitted
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Unemployment rate stable for third month at 23.1 pct in Dec
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment remained stable for the third month in a row, registering 23.1 percent in December, following revisions of the previous two months’ data, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. As the result, the headline
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Trade deficit soars in Jan on ship imports from non-EU countries
EconomyMacroeconomyGreece’s trade deficit surged by 91.7 percent in January, following a rise of 4.8 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The sharp rise mainly reflects soaring ship imports from non-EU countries, which caused a 52.1 percent rise to 4.46 billion euros
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Tsipras invokes political solution to resolve labour reform stand-off
PoliticsGreek Politicsminister’s comments indicate that he expects there to be a political discussion about the labour issue
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Stocks dip by 0.2 pct, lack of trading activity continues
Economy, the bank said. Piraeus Bank’s board of directors unanimously elected Christos Megalou as the new CEO
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Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
EconomyMacroeconomyslumped 31.6 percent. The breakdown showed high fluctuation in building permits among the country’s
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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyholdings in the ECB’s quantitative easing (QE) programme, increased interbank repos, ongoing loan
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With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgrammeOne of the key issues still to be resolved in the ongoing negotiations between the Greek government and the institutions relates to the International Monetary Fund’s demand for a reduction in the tax-free threshold with the aim of securing additional revenues of 1 percent of GDP (1.8 billion euros
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Slow progress on fiscal, impasse on labour keep review deal on hold
PoliticsGreek Politicslocal media that Tuesday’s teleconference with the lenders led to differences over the 2018 fiscal gap
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Stocks edge down 0.6 pct as review talks continue
Economyto 35 million this week from 32 million in the previous week. Corporate news Motor Oil’s net
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