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Parliament's budget office sees risks to economic recovery
EconomyMacroeconomyframework has not yet stabilised, while the ambivalence of some government members, the strong stance... that a number of unfavourable structural trends, such as the drop in investment, the depreciation of the labour
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Lew highlights geopolitical dimension of debt relief discussion on visit to Athens
PoliticsGreek PoliticsA few days after European Economic and Monetary Affairs Commissioner Pierre Moscovici came to Athens and warned the government to drop its request for lower primary surplus targets after 2018... difficulties in performing this role. “You have to fix the foundation to have a strong Greece,” Lew told
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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomythe target by 3.5 billion on the back of strong, albeit slower in June, primary underspend of 2.1... a primary surplus of 185 million euros, which is less than compared to last year, on sharp drop in Public
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Greek stocks remain flat during week, banks underperform
Economyby a strong rebound of 8.2 percent on Friday. Overall, bank shares fell 3.7 percent this week... from last year. Titan posted a sharp drop in H1 net profit of 62 percent to 9.2 million mainly
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomybillion mainly reflecting strong underspend as primary expenditure came in 2 billion lower than target... in the 7-month period to 1.08 billion, 25 million above target. Despite a drop of 8.2 percent in July
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Car sales rise at a slower pace of 14.1 pct in Aug
EconomyMacroeconomyan annual nosedive of almost 30 percent. So, despite a rebound by 1.2 percent in 2013 and strong... represents a sharp drop of two-thirds from the 2008 figure of 347,354. Market sources attribute the double
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Industrial turnover sees 21st straight month of decline with 5.9 pct fall in July
EconomyMacroeconomyedged down by 1.8 percent. The breakdown of the main industrial groupings showed a sharp drop... and related products soared 54.7 percent, while strong double-digit increases were also posted by other
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Retail sales fall by 3.1 pct in Aug after fleeting rebound in July
EconomyMacroeconomy. Retail volume also dropped by 2.6 percent in August, following a strong rebound of 9.5 percent in July..., September retail sales edged down 1.8 percent, mostly reflecting a double-digit drop in clothing
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Parties reach consensus on broadcasting watchdog after coalition backs off
PoliticsGreek PoliticsCourt president Athanasios Koutroumanos, and to drop its goal of limiting the number of licences... relief, which he hopes will set up Greece for a year of strong growth in 2017. This now seems his only
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Newsletter 96 - 18/11/2016
in August, from an exceptionally strong increase of 35.4 percent in July, according to ELSTAT data... figures for the eight months up to August still point to a drop of 7.9 percent in building permits
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