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  1. Greek households continue to slash spending on goods and services

    Society

    (-14 percent), alcohol (-16.6 percent) and food (-16.6 percent). In terms of quantity, the average

    6%

  2. Greek government faces hard labour dilemma
    Photo by MacroPolis

    PoliticsGreek Politics

    In the 14 months since signing Greece’s third bailout, Prime Minister Alexis Tsipras has stuck to a punishing schedule of unpopular changes. Taxes are higher, pensions were cut while contributions went up, and bailout lenders were handed unprecedented powers over state assets that they will retain

    6%

  3. Current account surplus narrows to 1.82 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    percent, while the corresponding payments increased by 14 percent to 235.6 million. As a result

    6%

  4. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    euros in the preliminary bulletin published on October 14. The 9-month primary surplus exceeded

    6%

  5. Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    rose at a double-digit rate of 14 percent to 235.6 million. As a result, the travel surplus dropped

    6%

  6. Disposable income falls for second straight quarter, by 0.7 pct in Q2

    EconomyMacroeconomy

    rise by 15.2 percent in Q1. Since 2010, taxes have risen by 14 percent. As expected, gross savings

    6%

  7. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to dominate the agenda of the second review when the institutions return to Athens on November 14.

    6%

  8. Turnover in services sector improves in Q3
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The majority of the turnover indices for the services sector rebounded year on year in the third quarter (Q3) of 2016, Hellenic Statistical Authority (ELSTAT) figures displayed on Thursday. Eight out of the 14 services activities recorded a rise in Q3 with the most marked improvement in office

    6%

  9. Greek stocks end week flat as Friday’s strong rebound erased earlier losses
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    on December 14 the start of the group transformation process, which includes the merger through

    6%

  10. Primary cash surplus to Nov at 3.6 bln, including arrears repayment of 3.4 bln

    EconomyMacroeconomy

    ) on December 14 revealed a budget primary surplus of 7.45 billion euros in the 11-month period with net

    6%