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  1. Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    of long-term unemployed to total jobless edged up to 72.2 percent in Q2 after a marked drop to 70.3... million and a drop in the number of unemployed by 68,000 to 1.11 million. It is worth noting... pace of 1.9 pp to 19.4 percent compared to the 0.6 pp drop to 27.6 percent among women. The breakdown

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  2. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The biggest drop was recorded in the extrabudgetary funds, where the primary surplus dropped... revealed revenues fell by 149 million to 6.03 billion, mostly reflecting a sharp drop in transfers...) started piling up for the first time since last June. They increased by 272 million in January

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  3. Office prices rebound 0.6 pct in 2016 for first time since 2010, retail space prices edge down 0.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The office prices in Greece edged up 0.2 percent from the previous period in the second half (H2... percent from the previous period in H2, while those in Thessaloniki and the rest of Greece edged up 0.3... for the first time since 2010. In 2015, the index had eased 0.1 percent, while the biggest drop of 11.9

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  4. 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... offsetting the negative impact from a drop of 2.3 percent in exports, coupled with a rise of 4.5... (YoY) in Q1, after a drop of 1 percent in Q4 2016. The flash estimates had shown that Q1 GDP contracted

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  5. GDP growth slows in Q3 amid lower 2017 forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    a drop of 0.1 percent in the previous quarter. The Q3 headline figure is the first back-to-back... by 0.1 percent QoQ and 1 percent YoY. Final consumption retains the lion’s share of GDP, making up... consumption is seen rising by 0.2 percent. Investments Gross capital formation recorded a drop of 8.9

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  6. Newsletter 166 -15/06/2018

    Newsletters

    , Independent Greeks (ANEL), is not going to support the agreement. The conservative chief took up the issue... in Q1 Latest quarter’s decline is the lowest contraction on record The drop in the nominal value... from a revised drop of 0.4 percent in Q4 2017, Bank of Greece (BoG) data showed this week

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  7. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consumption expenditure edged up by 0.5 percent, with household spending up by 0.6 percent which offset a 0.2... by 0.2 percent in Q2, following a drop of 1.8 percent in Q1. On an annual basis, general government..., making up 88.5 percent of the total figure in Q2, with private consumption representing 67.5 percent

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  8. Car sales drops by 12.5 pct in November, declining by nearly 25 pct in aggregate
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to a drop of by 17.6 percent in October, Hellenic Statistical Authority (ELSTAT) data showed... dropped by 13.5 percent with the absolute figure standing at 11,134. The remainder was made up..., registering a drop of 30 percent. Passenger car sales fell by 27 percent in the aggregate period

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  9. Newsletter 351 - 16/09/2022

    Newsletters

    million vulnerable citizens, 300 million euros in heating oil subsidies (up from 174 million last... outpaced the ministry’s estimates, with the total cost for 2022 jumping to 13.2 billion euros, up by 55... well above 200 billion euros then the ratio could drop to 170 pct, a sizable drop from the 206 pct seen

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  10. Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government debt recorded a small drop of roughly 700 million euros in the third... debt movements reflect a drop of 1.5 billion euros in bonds and a small drop in loans related... of 1.6 billion euros in Repos. FSM loans continue to make up the bulk of the total, accounting for 61

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