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Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
EconomyMacroeconomyGreece’s trade deficit continued heading north at a double-digit rate in February, when it increased by 17.7 percent in February after exceptionally strong growth of 91.7 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. As we noted, the substantial rise in January
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Racist attacks fell in 2016, report by monitoring body indicates
Societyvictims between January and December 2016. Last year’s figures were far below the 273 violent racist
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Industrial production rises at record high rate of 10.8 pct in Feb
EconomyMacroeconomy. In addition, manufacturing production, which holds the lion’s share of the total index, grew by 6.1 percent
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Car sales increase by 43.5 pct in March and 35.6 pct in Q1
EconomyMacroeconomyin passenger cars remained unchanged from the previous month at 44.7 percent. Passenger cars retain the lion’s
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Greece watches closely as Turkey prepares for referendum
PoliticsForeign Policymember states, mostly Germany and the Netherlands, to prohibit campaigning by Erdogan’s AKP party
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Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb
EconomyMacroeconomy, participation of Greek banks’ EFSF holdings in the ECB’s quantitative easing (QE) programme, increased interbank
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Greece sees highest tax wedge increase among OECD countries in 2016
Economy. For a single worker, Greece’s ranking was the 14th highest among the OECD countries in 2016, one position
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Limited arrears clearance in first two months of 2017
EconomyMacroeconomythe state’s constrained liquidity. This stems from its effort to cover debt redemptions by its own means
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Since 2010, declared income has plummeted but tax due has risen
EconomyFeatureseuros. Overall, salary earners and pensioners retain the lion’s share. Their contribution to the total
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Budget primary surplus falls to 1.1 bln in Q1, slightly above target
EconomyMacroeconomypositive at 284 million, but slumped by 70.8 percent from last year’s figure of 974 million. However
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