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  1. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    due to double-digit drop of 15.2 percent in consumption taxes, while VAT revenues grew by 5.9 percent... of the FY target of 591 million). Following a double-digit increase in October, interest payments... in November, more than double from last year. At the same time, PIB revenues increased by 26.5 percent to 811

    4%
  2. Industrial turnover drops 12.7 pct in March, energy plummets 27 pct

    EconomyMacroeconomy

    . The decline in March is the 17th successive negative reading and the ninth double-digit decline.... In addition, the turnover for both the eurozone and non-eurozone countries declined at double-digit rate... (-28.1 percent). In contrast, two sectors posted a double-digit growth namely other transport equipment

    4%
  3. Travel receipts rebound 2.3 pct in September, 9-month figure still points to a decline of 5.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    2.23 billion in September, while the corresponding payments continued rising at double-digit rate... the UK and Russia surging 39.7 and 39.6 percent respectively. In contrast, double-digit drops were... posted a double-digit growth for the second straight month of 12.5 percent in October. The strong rebound

    4%
  4. Newsletter 101 - 23/12/2016

    Newsletters

    . The double-digit rise in receipts fully reflects an increase in foreign arrivals by 17.3 percent to 2.17... durables post double-digit turnover increases The industrial turnover index declined by 2.8 percent... capital goods and consumer durables, posted double-digit increases in their turnover of 10.6 and 10.2

    4%
  5. Newsletter 103 - 20/01/2017

    Newsletters

    reading in 2016. The budget primary surplus stood at 4.39 billion euros in 2016, almost double..., the corresponding surface and volume increased at a double-digit pace of 14.1 and 14.8 percent, respectively... the last twelve months, largely owing to the double-digit declines in the first five months of 2016

    4%
  6. Newsletter 104 - 27/01/2017

    Newsletters

    . The budget primary surplus was 4.44 billion in 2016, almost double the previous year’s figure, while... in the current taxes on income and wealth by 19 percent. Travel receipts see double-digit drop... by 6.6 percent to 13.03 billion in the 11 months up to November. Travel receipts declined at the double

    4%
  7. BoG reveals figures for repatriation and banknotes returning to banking system
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    double the respective figure of 230 million posted in the Q3 2012 – Q3 2014 period. This largely... outflow was double the respective figure recorded in the previous period (2010 – mid June 2012... of 305 million was almost double that of corporates, while in the July 2015 – December 2016 period

    4%
  8. Newsletter 115 - 21/04/2017

    Newsletters

    deficit. Both imports and exports rose at a double-digit pace of 18.8 and 18.1 percent, respectively... double-digit growth February figure is second highest reading since June 2006. Industrial turnover maintained its double-digit increase in February, albeit at a slower growth rate of 20.9 percent

    4%
  9. Travel receipts fall by another 3.1 pct in Feb on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    increased at double-digit rate of 16.3 percent. On the flipside, arrivals from France and Russia...) at 317 euros. The volume breakdown revealed that four of the five key countries recorded a double... receipts from Russia soared by 76.1 percent, while double-digit growth rates were also posted by tourism

    4%
  10. Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    . The breakdown of inbound traveller flows showed a double-digit rebound in arrivals from the US (+21.1 percent... million. Three of the five key countries posted a double-digit rebound for arrivals in the three month... by 5.8 and 5.6 percent, respectively. However, receipts from the UK and France recorded a double

    4%