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  1. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    Greece’s budget primary surplus for the first two months of 2016 was confirmed at 3.04 billion euros from 1.24 billion last year, according to Wednesday’s Finance Ministry (MoF) final budget bulletin displayed. The marked fiscal improvement is largely attributed to soaring Public Investment Budget

    2%

  2. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in January after soaring by 22.9 percent in December largely attributed to the Christmas period

    2%

  3. Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
    Photo by MacroPolis

    EconomyMacroeconomy

    implying a fall by more than 7 billion or 30 percent since 2009. This is largely attributed to soaring

    2%

  4. Greek stocks rise 2.7 pct during week as bailout agreement nears

    Economy

    since the end of April. Alpha excelled soaring 15.9 percent, while Jumbo and Coca Cola Hellenic

    2%

  5. Car sales surge for second straight month, rising by 33 pct in May
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    respectively, after a nosedive of 30 percent per annum in the 2009-2012 period. Soaring car sales in the past

    2%

  6. Industrial production rebounds 2.8 pct in April

    EconomyMacroeconomy

    . Extraction of crude petroleum and natural gas excelled, soaring by 209 percent, while strong double

    2%

  7. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    when it stood at just 5.23 billion before soaring above the 60-billion mark in the succeeding months

    2%

  8. Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
    Photo via www.helex.com

    Economy

    by 20.7 percent in the first four sessions and then soaring by 16.9 percent on Friday. Overall

    2%

  9. Car sales fall 2.5 pct in June after impressive growth in preceding two months
    Photo by MacroPolis

    EconomyMacroeconomy

    after soaring by 37.1 percent in May. In absolute terms, passenger cars reached 10,577 in June

    2%

  10. Current account deficit widens to 412 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    , while non-residents’ arrivals edged down by 1.3 percent. BoG noted that the soaring primary income

    2%