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BoG reveals number of indebted borrowers, details business NPEs
EconomyMacroeconomyoff-balance sheet items, which are included in the figures presented by the BoG’s governor.
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Trade deficit falls 14.3 pct in April as exports grow and imports drop
EconomyMacroeconomyGreece’s trade deficit fell by 14.3 percent in April after strong growth of 36.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The decline in April reflects a rise in exports by 9.7 percent, coupled with a drop in imports by 2.3 percent. Exports
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Car sales drop 2.5 pct in May for second successive month
EconomyMacroeconomypercent in April and landed at 14,302. Passenger cars retain the lion’s share making up 85 percent
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Stocks edge down 0.6 pct this week amid soft volumes
EconomyThe Greek stock market edged down 0.6 percent this week amid subdued trading activity as investors adopted a wait-and-see stance due to a lack of meaningful developments ahead of next Thursday’s Eurogroup. The Athens Stock Exchange general index fell by 1.6 percent in the first two sessions
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Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017, up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Wednesday. As we noted a month ago, the MoF updated in the May
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Greek media often sensationalised coverage of refugee crisis, study argues
Societywas interpreted as a threat to the religious and cultural identity of Greece and the country’s demographic
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Industrial turnover up for sixth straight month with 10.7 pct rise in April
EconomyMacroeconomyGreece’s Turnover Index in Industry remained in positive territory, increasing by 10.7 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The April headline figure is the sixth straight positive reading, though it falls lower than the March figure of 24.5 percent which
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Greek university system out of sync with economic reality, study finds
SocietyA major study has found that Greece’s higher education system is still not focusing on degrees based on future prospects of employment despite almost a decade of economic crisis. The joint study, titled “Education, entrepreneurship and employment: "An Approach is Needed” was compiled by Ernst
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Material deprivation rises, while poverty risk drops slightly
Society). This is a slight decrease compared to the previous year’s figure of 35.7 percent. The share
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Unease grows as new round of Cyprus talks approaches
PoliticsForeign Policysides. Turkish Cypriot leader Mustafa Akinci said Eide’s document does meet some of his
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