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Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation
EconomyMacroeconomyThe drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November
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Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016
EconomyMacroeconomywhen figures are available. From the peak of 102.2 recorded in Q3 2008, the index has posted a nosedive... in the apartment prices index follows a decelerating trend with the 2016 rate of -2.2 percent being
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Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb
EconomyMacroeconomyGreek banks’ Eurosystem funding remained on a downward trend for the 21st successive month in March, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank... of March. This is its lowest level since November 2012. Overall, Greek banks’ Eurosystem funding has been
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Retail turnover falls by 2.2 pct in October, volume declines by 4 pct
EconomyMacroeconomyGreece’s retail sales index fell by 2.2 percent in October after a slight downward revision to 4.5 percent for September, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The headline...-on-year, consumer confidence has improved by 18 points. November’s reading for consumer confidence
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Cancelled leaders' meeting in US emphasises stalemate in Greek-Turkish relations
PoliticsForeign Policy”. “I emphasised that we seek good relations with Turkey. But 30 years later, the time has come.... Just two weeks ago Turkey issued a NAVTEX announcing maritime research for its vessel, Piri Reis
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Newsletter 135 - 13/10/2017
-By Arrangement (SBA), except for the GDP forecast for 2017 which has been revised downward from the 2.1... of GDP this year and 2.2 percent in 2018, hitting the programme target of 3.5 percent of GDP in 2019... more exits than entrances into the pension system, plus higher mortality. Despite this difference
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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomy. According to the MoF’s updated forecasts, the fiscal gap for 2015 has narrowed to 225 million euros from 912...) and a higher growth in exports (+5.2 percent) compared to imports (+2.2 percent). In contrast
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Retail sales rise by 13 pct in Sep as fuel has notable impact
EconomyMacroeconomyin September increased by 2.7 percent compared to August, while volume also increased by 2.2 percent... the previous high in May, when it stood at -22.2 points, and it has now improved by 3.9 points since
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammethe existing budget framework or that has implications for financial stability. c) No action towards... the 8-billion-euro capacity of the Hellenic Financial Stability Fund (HFSF) that has yet to be used... legislating on how to deal with NPLs and the backlog of tax arrears, which has reached around 70 billion
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesof national elections which are now scheduled for July 7. Lowering the tax-free threshold in 2020 has... has declined at an even higher rate. Around 82 percent of all income declared in 2017 came from... distribution has also shifted, with low-to-middle income earners (up to 20,000 euros) shouldering
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