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Commission keeps outlook on Greece stable, sees growth picking up this year
Economysteadily improve and consumer sentiment picks up. Business climate will also improve further... pushed inflation up to 1.1 percent in 2017. Headline inflation is expected to decrease to 0.8 percent in 2018 before picking up again to 1.3 percent next year.
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Rating agencies up Greece's scores, adding to positive outlook
Economyup the scale in mid-February. Moody’s closed the cycle in an unscheduled move a few days later... pressures running up to the elections in 2019. These factors have materially declined the risk of another... to complete its current programme and builds up the liquidity buffers to pre-finance future debt
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Manufacturing PMI up to 54.2 in May, completing 12 months of rises
EconomyMacroeconomyPMI settling at 54.2, up from the 52.9 in April. Markit notes that the improvement of business... it was in the previous month. The growth of new business picked up in May, while growth of new orders for exports hit... throughout a year. Encouragingly, rates of growth in production, new orders and employment all picked up
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Migration troubles move up political agenda as probe into use of fund is launched
PoliticsGreek Politicsshown an interest and that looks set to keep the matter high up on the domestic political agenda... sensitive than others about the plight of migrants but now being content to “pile up people in camps...) rounded up illegal immigrants and sent them back to their countries, sending the message
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With eye on elections, Tsipras talks up public sector hirings
PoliticsGreek Politicsa lengthy live interview with Alpha TV in which he picked up where he left off in Parliament... hirings are expected each year until 2022 to make up for the expected departure (mostly retirement... will be up for grabs ahead of next year’s national elections. This will be a useful promotional tool
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Mitsotakis pledges more benefits, new faces as election build-up intensifies
PoliticsGreek Politicsmillion euros had been paid out to 1.463 million recipients. Applications can be submitted up until December 21 for payments up until December 28. Mitsotakis also hopes to attract younger voters... our country and threw it on the rocks of bankruptcy, to dress up in togas and helmets and pretend
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Institutions wrap up talks with focus on NPLs, primary residences and budget
EconomyProgramme, the governing is aiming to provide protection to around 300,000 households that owe up to around 100,000... be announced in the run-up to the general elections this year and that plans to hire more inspectors... and 2016 undergoing a haircut of up to 85 percent.
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SYRIZA lines up more relief measures to entice voters
PoliticsGreek Politicssuffering a crushing defeat next month. Reports on Wednesday suggest that the government is lining up... intentions. In the run-up to the European Parliament vote, which could be defining for the outcome... that affect a wide range of voters, such as the scheme allowing social security debts to be paid in up
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Tsipras, Mitsotakis step up rhetoric ahead of EU vote as polls show little change
PoliticsGreek Politicswill not be allowed back into power. This was summed up in the phrase “Greece of the many, not the elite; Europe..., who is due to officially launch his campaign in Athens on Tuesday. “The far-right does not dress up... to some degree if the government adopts “targeted measures” in the build-up to national elections. Almost
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Overall loan interest rate edges up to 4.68 pct in August
EconomyMacroeconomycorporations came to 4.68 percent in August, up 11 basis points (bps) from the rate of 4.57 noted in July... by households remained unchanged at 0.09 percent. For non-financial corporations the rate edged up to 0.14 percent. The average interest rate on deposits from households with an agreed maturity of up to one year
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