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  1. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    and shipping receipts, and a drop in domestic demand and imports. The report highlights that a viable growth model requires the Greek economy to become export-oriented. In contrast to Greece, the PBO notes... in the payments of arrears to the private sector and the creation of new arrears could end up with a stock

    24%

  2. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    lower than last year. This corresponds to a drop in revenues of more than 7.8 percent in Q4 compared... in employment and improvement in the economic climate. If those figures end up in line with the macro.... Meanwhile, the productive model should focus on attracting investment and shift towards internationally

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  3. Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    and 2016, university graduates saw a significant drop in employment in the public sector, while... production model can not be built,” the report states. It identifies several challenges that need... given the structure of the Greek education system which, up until now, has proven to be stubbornly

    24%

  4. Economic sentiment partially recovers to 101.4 in Nov, consumer confidence also up
    Photo by MacroPolis

    EconomyMacroeconomy

    , climbing back above 100-points, after a 6.6-point drop in October, according to European... the previous month. The euro area’s ESI was 93.7 points, also up by 1 point from October. The recovery in Greece’s consumer confidence following the sharp pandemic drop stalled in May 2021 and the series has

    24%

  5. CPI rise eases to 1.6 pct in Sep, but food up by 9.4 pct
    Image: MacroPolis

    EconomyMacroeconomy

    increased by 1.8 pct, from a drop of 1.1 percent in August. In September 2022, the CPI was up by 12 pct YoY..., the HICP was up by 1.9 pct. In September, the annual CPI movement was led by a 9.4 pct increase... reversed the recent price drops, rising by 3 pct. These were partially offset by a sizable drop of 15

    24%

  6. General govt primary cash deficit of 13.75 bln in November, arrears drop by 302 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    with a drop of 133 million euros. This was followed by tax refunds (-131 million), local governments... up the majority of the arrears for the month. Debt Central government gross debt rose by 4.74... billion euros in repos which came to 32.07 billion in November and made up 8.6 percent of the total

    24%

  7. Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    For the first time in months, Greece’s trade deficit recorded a drop year-on-year (YoY), falling... deficit was up by 31.1 percent, at 26.08 billion euros. For the full year, imports from EU countries were up by 17.7 percent to 39.8 billion euros, while imports from non-EU markets were up by 68.3

    24%

  8. Economic sentiment posts modest drop in Mar, consumer confidence recovers strongly

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a modest drop in March, falling by 0.8 points to 106.8... Expectations Indicator (EEI) jumped by over 3 points month-on-month to 122 points. The EEI is up by 7.7.... up 24.8 points from April last year. The construction confidence indicator posted a solid recovery

    24%

  9. Producer prices drop in Mar for the first time in over 2 years, led by energy

    EconomyMacroeconomy

    on Friday. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually...), the index decreased by 5.8 percent, after a drop of 3.3 percent in the previous month. This is eight..., chemicals increased by 2.4 percent and basic metals up by 3.3 percent. In the broader categories

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  10. CPI stable at 2.3 pct in June, food prices drop below headline figure for first time since 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    percent, from a drop of 0.3 percent in May. In May 2023, the CPI was up by 2.8 percent YoY. The price... month. Month-on-month, the HICP was up by 1 percent. In June, the annual CPI movement was led by a 2.1... by 4.6 percent and health increased by 2.2 percent. Education was up by 3.5 percent. Housing costs

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