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Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign Policyconfirmed that it had made a lean gas discovery in Block 6 with Calypso 1 NFW. “An intensive and detailed data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas
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CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
EconomyMacroeconomywas positive by 1 percent. The core index edged down by 0.4 percent following a 0.2 percent decline... sales period, -1.4 percent in household equipment and -1 percent in transport. Price rises were
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Central government debt grows to 328.70 billion in Q4
EconomyMacroeconomymade up 79.9 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt
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Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
EconomyMacroeconomyby 1 percent year-on-year to 319.8 euros. Travel receipts from the 28 European Union (EU 28) countries...’s estimates. Furthermore, travel receipts were foreseen to increase by at least 1 billion and range
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Fourth review begins, with Athens and creditors also focussing on post-MoU era
EconomyProgrammeof the second review: 1 percent of GDP in pension cuts in 2019 and 1 percent of GDP to be raised from
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Newsletter 153 -2/03/2018
of the fiscal measures that were agreed as part of the second review: 1 percent of GDP in pension cuts in 2019 and 1 percent of GDP to be raised from reducing the tax-free threshold for incomes in 2020
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GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomyconsumption fell by 1 percent in Q4, picking up pace from the decline of 0.2 percent noted in Q3. General..., travel receipts were foreseen to increase by at least 1 billion and range between 14.2-14.5 billion
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Building activity down by 6.7 pct in Dec after rising by 8.6 pct in 2017
EconomyMacroeconomyin property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent... that the index rose by 1 point in December. On an aggregate basis, the index fell by 14.3 points. The latest
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBanking. P&L NII rose by 1 percent QoQ, slowing from an increase of 1.3 percent in Q3, and stood at 373... the total impact for the first year is expected at 16 bps. Capital The phased-in Common Equity Tier 1
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The gruelling final straight of Greece's bailout
Agorafor incomes (worth an amount equal to 1 percent of GDP) has to be implemented in 2019, rather than 2020... lined up for 2019 (also 1 percent of GDP). European Economic Affairs Commissioner Pierre Moscovici
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