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Bank of Greece warns of dangers in failure to reach deal with lenders
EconomyMacroeconomybe reviewed. 6) Effective management of Greek banks’ non-performing loans (NPLs), while changes
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Severe underspend covers lower revenues for end-May primary surplus
Economyexpenditure fell by 4.8 percent in May, leading the 5-month figure down by 6 percent to 15.65 billion
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Industry turnover down by 2.3 pct in April for sixth straight fall
Economygoods (+9 percent) followed by capital goods (+6 percent), consumer non-durables (+2.6 percent
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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomyassets of 6 billion was posted mainly reflecting a decline in residents’ holdings of foreign bonds
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Travel receipts rise by 16.3 pct in April on jump in arrivals
EconomyMacroeconomyat the main Greek airports slowed to 6 percent in May bringing the 5-month rate at 10.5 percent, lower
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Greek talks go down to the wire as IMF raises major objections
PoliticsGreek Politicscontribution for pensioners to 6 percent (from 5 percent in the Greek proposal), abolition
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Greek ministers prepare Israel visits in bid to further relations
PoliticsForeign PolicyTwo Greek ministers are due to visit Israel shortly as the SYRIZA-Independent Greeks coalition continues to attempt to bolster relations with Tel Aviv. Foreign Minister Nikos Kotzias is expected to arrive to Tel Aviv on July 6 for a two-day visit and Defence Minister, Panos Kammenos will shortly
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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomy. The data showed primary expenditure eased 4.8 percent in May and 6 percent in the 5-month period
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Deposit outflows eased to 3.86 bln in May, balance below 130 bln
EconomyMacroeconomyover the past 6 months were in banknotes and short-term instruments (mainly money market funds
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What capital controls will mean for Greek banks, customers and the economy
EconomyAs was expected, the referendum announced by the Greek Prime Minister Alexis Tsipras on Friday evening triggered a series of negative repercussions for the Greek banking system. The most prominent among these was the declaration of a bank holiday from June 28 until July 6 and the imposition
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