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  1. Marked rise in expenditure leads to a budget primary deficit in Nov

    Economy

    far this year, and stands almost 1 billion above the monthly target. As a result, the year to date

    9%
  2. Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
    Photo by MacroPolis

    EconomyMacroeconomy

    of ‘long-term’ (more than 1 year) unemployed remained well below the 900,000-mark for the second quarter

    9%
  3. Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
    Photo by MacroPolis

    EconomyMacroeconomy

    million from deficit of 1 billion last year.

    9%
  4. Last round of Greek banks' recapitalisation drastically shifts shareholder structures

    Economy

    current price stands slightly above (+1 percent) offer price, while Piraeus’ stock is marginally

    9%
  5. Meimarakis and Mitsotakis make it into run-off vote for New Democracy leadership

    PoliticsGreek Politics

    the cash-strapped party gather more than 1 million euros in funds. However, the failure to publish

    9%
  6. Prior actions completed, coalition now faces up to first review and contentious reforms
    Photo by MacroPolis

    PoliticsGreek Politics

    to around 1 percent of GDP (1.8 billion euros), as well as changes to the tax system, designed... protested en masse in Athens against these proposals, leading the government into the uncomfortable position

    9%
  7. NBG boosts capital base by selling total stake in Finansbank
    Photo by MacroPolis

    EconomyBanking

    is estimated to boost NBG’s Common Equity Tier 1 (CET1) ratio by around 600 basis points (bps). This solely

    9%
  8. Piraeus port privatisation moves a step closer
    Photo by Harry van Versendaal

    EconomyBanking

    . The agreement, which has been effective from October 1, 2009, involved the management of OLP’s Piers II

    9%
  9. Travel receipts drop by 4.1 pct in Oct for second straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    figure. SETE has also estimated direct tourism revenues to reach 14.5 billion in 2015, up by 1

    9%
  10. Eurobank sells insurance arm to Fairfax for 316 mln
    Photo by MacroPolis

    EconomyBanking

    stake sale stands at 316 million euros and is estimated to improve Eurobank’s Common Equity Tier 1

    9%