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  1. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    , falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank... Assistance (ELA) funding by 775 million in March after a brief rise of 334 million in the previous..., which made up 71 percent of the total figure in March from less than 70 percent in the previous month

    3%

  2. Primary surplus up to 3.9 pct of GDP in 2016, far above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    surplus figure to 0.42 percent of GDP from 0.15 percent in its previous estimate on October 20... percent of GDP) compared to a deficit of 5.59 billion (3.2 percent of GDP) in the previous year... of recession with the primary surplus significantly improving by 6.13 billion from the previous

    3%

  3. Rise in new overdue taxes slows to 658 mln in March, stock edges up to 94.3 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    it rose by 658 million euros compared to a 989-million-euro increase in the previous month... from the previous month. The debt pile corresponds to 53.6 percent of GDP. Efficiency indicators IAPR... corporates further declined to just 4.5 percent in March from 14.2 percent in the previous month

    3%

  4. Overdue social security contributions climb to 22.5 bln at end of Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the first quarter (Q1) of 2017 from 17.54 billion at the end of the previous quarter, a bulletin... doubled from the previous quarter to around 620,000 at the end of Q1 from almost 315,000 at the end of Q4... triple from the previous quarter figure of 127,086. Moreover, 13.4 percent of debtors owe between

    3%

  5. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) in the first quarter (Q1) of 2017, after dropping by 1.2 percent in the previous quarter, the Hellenic... in Q1 after declining by 1.3 percent in the previous quarter. It slightly rebounded by 0.2 percent... in Parliament on Saturday evening, the Finance Ministry downward revised its previous ambitious GDP

    3%

  6. Greeks tending to shop less often and opt for local products

    Society

    , down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... of respondents said that they shopped at a specific supermarket compared to 46.7 percent in the previous... shopped for household items fell from 8.5 visits to a store per month in the previous survey to 6.8 visits

    3%

  7. Slight rise of 0.3 pct in March retail sales after strong growth in February
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    but short-lived rebound of 9.9 percent in the previous month. The biggest rises in March retail sales were... to the previous month, retail sales dropped by 3.4 percent, mostly due to a decrease in food, beverages... percent MoM in March after a rebound of 3.7 percent in the previous month. Since 2010 retail sales

    3%

  8. Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarter (Q1) of 2017, after a downwardly revised drop of 1.1 percent in the previous quarter... by 1.1 percent in the previous quarter. It grew by 0.9 percent YoY from a decrease of 0.7 percent... percent QoQ after rising by 0.3 percent in the previous quarter. The Q1 headline figure

    3%

  9. General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
    Photo by Panayotis Tzamaros/Fosphpotos

    EconomyMacroeconomy

    the previous year to 2.63 billion in the 4-month period of 2017, the Finance Ministry (MoF) gg bulletin showed... compared to the modest decline of 9 million in the previous month. As a result, arrears dropped below... euros from the previous month to 325.23 billion in April after a short-lived rise of 1.41 billion

    3%

  10. Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous... holidays and maternity leave). However, compared to the previous quarter the wages index dropped... a short-lived decrease of 0.7 percent in the previous quarter. The comparison with the previous

    3%