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  1. Greek primary budget surplus to August narrows to 1.95 bln on lower revenues

    Economy

    in July. This is mainly attributed to a month on month (MoM) drop in revenues to 3.51 billion, broadly... billion. The rate of drop in revenues (excluding tax refunds) accelerated to 19 percent in August... by 0.6 percent in August. However, the 8-month figure points to a 5.1 percent drop to 27 billion

    3%

  2. Greek trade deficit widens by 29.4 pct in July as import rate soars

    EconomyMacroeconomy

    last year. The evolution in July reflects a slight drop in exports by 1.1 percent and an increase... rate stems from a drop in exports by 4 percent and a rise in imports by 2.2 percent. The absolute..., the 7-month exports recorded a slightly slower drop at 2.9 percent, while imports showed a higher

    3%

  3. Retail sales rise in July for second straight month - not seen since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    the highest drop in 7-month retail turnover, followed by food, beverages and tobacco (down 6.3 percent... 5 years, with furniture, electrical and household equipment exhibiting by far the sharpest drop... it recorded a cumulative drop of 8 points since then. The retail trade confidence fell by more than 9

    3%

  4. Deflation rises again in Greece: CPI down by 0.8 pct in September

    EconomyMacroeconomy

    and footwear prices recorded a sharp rise of 35.6 percent MoM in August, following a double-digit drop in each... (down 2.4 percent). A more moderate drop in prices was displayed in recreation and culture (-2... deflationary year in 2014, with the CPI expected to drop by 0.8 percent. This follows a decline of 0.9 percent

    3%

  5. Greek industry's turnover index on the slide again in August after previous rises

    Economy

    . In addition, the average index over the trailing 12 months is down by 4.8 percent. The drop in August.... In contrast, the respective figure for the non-domestic market posted a double-digit drop (-10.3 percent... percent), while for the non-euroarea countries the drop was slower at -9.5 percent. All main industrial

    3%

  6. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    of the trade deficit by 3.8 percent stems from a drop in both imports and exports by 5.7 and 7.3 percent.../A surplus stems from an increase in the services’ surplus (by 2.05 billion) and a drop in the income... by 11.1 percent to 8.37 billion. The changes in the other C/A components showed that the drop

    3%

  7. Newsletter 2 - 07/11/2014

    Newsletters

    decreased in October with production posting a drop for the third time in the last four months. Exports... in September but the drop accelerated to 8.7 percent. September’s performance is the seventh... drop of 7.2 percent. Imports resumed an upward trend in September, rising by 7.4 percent after

    3%

  8. National Bank posts 9-month profits of 1.18 bln
    Photo by MacroPolis

    EconomyBanking

    by a modest 1 percent QoQ. The yearly drop mainly stems from a double-digit decrease in personnel... percent more than offsetting a drop in state deposits by 26 percent. As a result, loan to deposit ratio... peers. After a significant drop particularly in Q2 by 7 billion, Eurosystem funding eased by only

    3%

  9. Greek deflation shoots up to 1.7 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    to September mainly reflecting a drop in housing (-4.6 percent), health (-2.9 percent) and transport..., alcoholic beverages and tobacco, displayed an increase (+2 percent). On the flipside, the highest drop... to be revised following a shaper drop in prices in 2014.

    3%

  10. Greek banks' Eurosystem funding rises by 1.28 bln in October after five-month fall

    EconomyMacroeconomy

    Following a drop in the preceding five months, Greek banks’ Eurosystem funding rose by 1.28 billion... the upward movement in October, the year to date drop in Eurosystem funding reached 29.16 billion... to the elimination of ELA funding. The recorded drop of Greek banks' central bank funding so far

    3%