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Newsletter 104 - 27/01/2017
) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter.... The budget primary surplus was 4.44 billion in 2016, almost double the previous year’s figure, while... by 290 million in December, after falling in the previous seven months. The absolute figure stood
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Retail sales rise at an accelerating pace of 1.8 pct in Nov
EconomyMacroeconomyin November, up from the 2.6 percent rise posted in the previous month. The rebound in November sales... stores (-4.4 percent) and automotive fuel (-4.1 percent). Compared with the previous month, retail sales... (MoM) after improving in the previous two months and stood at 71.9 in November, which means
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Newsletter 107 - 17/02/2017
and down from 6.47 billion in the previous year. At the end of 2016, cumulative provisions stood..., compared to a previous estimate for a mild recession of 0.3 percent in early November, and a strong...) in the fourth quarter (Q4) of 2016, after an upward revised growth of 0.9 percent in the previous
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Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln
EconomyMacroeconomyremaining stable in the previous months, Bank of Greece (BoG) figures showed on Tuesday. This largely... of 158 million recorded in the previous two months. The negative flow in January mostly stems from... turned negative in January after the cumulative additions of 550 million euros in the previous two
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Newsletter 109 - 03/03/2017
remaining stable in the previous month, to land at 92.9. Consumer confidence dropped at a sharp pace... in December after an upward revised increase by 4 percent in the previous month. The decrease... after remaining stable in the previous month, BoG data showed. This resulted from the extended
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyquarter (Q4) of 2016, after downward revised growth of 0.6 percent in the previous quarter... QoQ in Q4 decelerating from the 0.6 percent growth recorded in the previous quarter. Compared... growth of 6.1 percent in the previous quarter, which reflected a low base effect, as Q3 2015 figure
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General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
EconomyMacroeconomy. Although all other sub-sectors posted a positive primary balance, it deteriorated from the previous year... 1.8 billion in the previous two months, arrears to the private sector (including tax refund arrears.... As a result, the arrears’ stock rose to 4.81 billion in January from 4.54 billion in the previous month
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Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomystraight month, with the surplus increasing to 1.1 billion in February from 1.02 billion in the previous... by 170 million euros. In the previous month, revenues had outperformed by 347 million. The MoF said... in February to 2.92 billion, which stands 808 million below target. In the previous month, primary
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Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016
EconomyMacroeconomyis seasonally higher in Q4 compared to the previous quarter, mainly reflecting the tourism season in Q3... in the previous two quarters. The Q4 figure represents the lowest reading since 2001, from when data... after a short-lived rise to 73.8 percent in the previous quarter. Part-time employment climbed
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General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
EconomyMacroeconomya rise of 261 million in the previous month. As a result, the outstanding balance stood at 5.05 billion... from the previous month to 325.12 billion at the end of February. The decline largely reflects... by an increase in repos by 850 million. All other debt components remained almost stable from the previous
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