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  1. PMI falls back into contraction territory in July, landing at 48.7 pts

    EconomyMacroeconomy

    a deeply contractionary first quarter, when real GDP fell by 1.3 percent, 1.6 percent in nominal terms

    2%
  2. S&P raises core Greek banks’ ratings, with a stable outlook

    Economy

    , albeit with delays, the formal terms of the third bailout programme.

    2%
  3. General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln

    EconomyMacroeconomy

    million. In absolute terms, the state budget and the extrabudgetary funds’ primary cash surpluses

    2%
  4. Car sales soar 42.9 pct in July, also reflecting a low base effect
    Photo by MacroPolis

    EconomyMacroeconomy

    by 37.1 percent in July after dropping by 4.2 percent in June. In absolute terms, passenger cars stood

    2%
  5. Justice can't be blind to facts in 2009 deficit case

    Agora

    of fiscal targets and austerity measures of 2011, it was not applicable to the terms of the first bailout

    2%
  6. Net job hirings rise again, reaching 19,281 in July - highest since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    (+19,448), accommodation (+9,878) and food industry (+6,912). In terms of professions, the highest net

    2%
  7. Current account surplus almost doubles to 1 bln in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    percent) in exports. In absolute terms, exports and imports landed at 2.04 and 3.44 billion in June

    2%
  8. Drop in arrivals and spending impinge on H1 travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    also dropped by 2.9 percent. The visitors’ countries of origin give mixed signals in terms

    2%
  9. Rise in number of Greeks insured in 2015 but average salary edges down
    Photo by MacroPolis

    Economy

    to 90.6 percent in 2015 from 90.2 percent in 2014. In absolute terms, Greek insured individuals rose

    2%
  10. Economic sentiment rises to 92.5 pts in Aug, consumer confidence edges down for second straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) increased for the second straight month in August, when it increased by 1.6 points, following a rise by 1.2 points in July, the European Commission (EC) figures showed on Thursday. In absolute terms, ESI improved to 92.5 in August, its highest level since April

    2%