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  1. Current account surplus at 407 mln in May - first positive balance since Sept 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    September 2014. The improvement in the C/A balance by 707 million year on year (YoY) mainly reflects... of the goods’ deficit by 910 million. The improvement in the goods’ balance is mainly attributed

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  2. What the latest set of prior actions mean for home foreclosures

    Economy

    limited at the moment and mainly involve large buildings rather than homes. Government sources said...). The ECB welcomed the draft law and its provisions, which mainly relate to the role of the Bank

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  3. Drop in corporate loan rates led the average loan rate at a new historic low
    Photo by MacroPolis

    EconomyMacroeconomy

    , the time deposit rate climbed to 5 percent amid strong competition mainly led by the smaller banks..., the interest rate in consumer credit without a fixed maturity (mainly credit cards) grew by 14 bps to 14.63

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  4. Manufacturing PMI falls to record low in July, new business sees biggest drop

    EconomyMacroeconomy

    including output, new orders, employments and stocks. This was mainly led by the capital goods... mainly led by the difficulty in receiving items from abroad. Another strong negative implication

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  5. General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow

    EconomyMacroeconomy

    mainly led by the return of 10.9 billion EFSF bonds to the ESM in February and payments to the IMF of 2.6... a considerable increase by 51.9 billion YtD. The marked rise mainly stems from Emergency Liquidity

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  6. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    by 2.83 billion. This is mainly attributed to: 1) SMP and ANFA income of 1.46 billion... target. This is mainly the result of the government’s decision to delay payments of non-payroll

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  7. Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
    Photo by MacroPolis

    EconomyMacroeconomy

    at 120.4. Since then, the wages index shows a nosedive by 28.2 percent mainly reflecting... more flexible forms of work. For the public sector, it mainly includes the salary cuts imposed

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  8. Athens bourse dives 10.54 pct on Monday, falling to lowest since June 2012
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    surrounding the foreign markets, mainly driven by the Chinese economic slowdown. Today’s performance follows a drop by 5.7 percent last week mainly led by banks plunging 28.7 percent. The General

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  9. Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln

    EconomyMacroeconomy

    half to 724 million in the 7-month period. This is mainly on the back of a 2.65-billion-euro... in the 7-month to 9.47 billion, 2.58 billion below target. This is mainly attributed to income tax

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  10. Retail sales fell by 1.7 percent in June, after a short-lived rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively. Compared to the previous month (MoM), retail turnover rose by 2.2 percent, mainly due... income by around 31 percent mainly stemming from increased unemployment, a series of salary

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