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Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
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Jobs in education lead negative hiring balance of 20,728 in July
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Seasonal factors take unemployment rate to 8.6 pct in Q2 - lowest since 2008
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ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
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PMI improves significantly in Aug, despite exports orders falling for four straight months
Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
The interest rate on households’ new time deposits continued heading south for the ninth straight month in December, when it fell by 6 basis points (bps) to 1.82 percent, according to the Bank of Greece (BoG).
The December rate indicates a new historic low during Greece’s euro membership. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013 figure of 2.82 percent.
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