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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
Economya drop in revenues by 17.7 percent and seasonally high primary (+1.5 billion MoM) as well as Public... higher drop (-3.7 percent) to 46.62 billion, 3.53 billion short of target. Although increasing MoM... billion, 424 million short of target. That performance was mitigated by a minor drop in 2014 PIB
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Industrial turnover dips again in November after upswing in two previous months
EconomyMacroeconomypointing to a decelerating drop of 1.5 percent. The evolution of industrial turnover in November...-domestic market by 2.3 percent, counterbalanced by a drop in the domestic market by 3.1 percent.... The highest drop was posted by transport equipment (down 62 percent), followed by leather and related
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Greek retail turnover index down 1.6 pct in November
EconomyMacroeconomycategories displayed mixed trends. Food, beverages and tobacco recorded a double-digit drop (-10.6 percent... showed retail turnover an volume slipped by 0.8 and 0.3 percent respectively. The highest drop... the sharp drop in household disposable income by more than 28 percent on heightened unemployment
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Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low
EconomyMacroeconomy, manufacturers’ selling prices recorded a substantial drop similar to that evident in December. Moreover, the average input prices fell for the first time in the last four months, indicating the most marked drop... was reportedly a factor behind the sector’s worsening performance”, while the drop of the headline figure
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Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
EconomyMacroeconomyof internal devaluation and deflation (1.3 percent), contracted 0.2 percent YoY in Q4 from a drop of 0.3... percent YoY contraction in each of the first two quarters of the year. The largest drop... more than 70 percent of GDP but has posted a cumulative drop of more than 24 percent since 2008
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Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
EconomyMacroeconomyis attributed to a significant drop in the net oil import bill, while net payments for purchases of ships... as a drop in non residents’ holdings of Greek government bonds and T-Bills. For the full year, the net... billion) largely offset by a drop in GGB and T-Bill holdings. Reserve assets increased month on month
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Trade deficit plunges by 21 pct in January as exports and imports fall
EconomyMacroeconomyAugust at 1.23 billion. The movement in January reflects a drop in both exports and imports by 12.8.... The rate of the drop is the highest since April 2014. January exports stood at 1.86 billion euros... 2014, shows the biggest drop since March 2013. In absolute terms, imports reached 3.13 billion
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Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February
EconomyMacroeconomydrop of 29.9 percent in January, while February revenues rebounded by 3.4 percent. The preliminary budget execution figures published by the MoF on Friday displayed a slower drop in revenues by 7.3... drop in budget expenditure was at 7.5 percent. Unlike revenue and expenditure items, BoG and MoF
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Retail sales down by 2.6 pct in January for third straight monthly decline
EconomyMacroeconomyit declined by 2.6 percent from a revised 3.8 percent drop in December, according to the Hellenic... the highest MoM drop in January was posted by books, stationery and other goods (-36.6 percent) followed... than 30 percent on the back of a similar drop in household disposable income mainly reflecting
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Travel receipts increase 16.2 pct in Feb as arrivals shoot up by 56.2 pct
EconomyMacroeconomyvolume was to a large extent offset by a marked drop in travel spending per trip by 24.8 percent... percent) and Germany (+32.5 percent). On the flipside, Russia and USA recorded a drop in incoming tourist... drop (-0.4 percent), while those from Russia and USA plummeted 42.7 and 53.9 percent respectively
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