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  1. Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , largely attributed to lower expenditure (2 billion below target) and higher than expected revenues... expenditure increased by 4.1 percent to 22.31 billion in the 7-month period and remains more than 2

    11%

  2. Drop in arrivals and spending impinge on H1 travel receipts
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    EconomyMacroeconomy

    . This was a product of a 4 percent decline in expenditure per trip and a 2 percent fall in arrivals... percent from the United States to 313 million. The number of inbound visitors in June dropped by 2 percent

    11%

  3. Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July

    EconomyMacroeconomy

    billion mainly reflecting strong underspend as primary expenditure came in 2 billion lower than target... figure also increased by 4.1 percent to 22.32 billion, still remaining 2 billion lower than target

    11%

  4. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    dropped by 2.8 and 2 percent respectively in the first half (H1) reflecting lower personnel.... Overall, the NPL formation in Greece reached 2 million in Q2 from 127 million in the previous quarter

    11%

  5. Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
    Photo via @kmitsotakis

    PoliticsGreek Politics

    surplus target from 3.5 percent of GDP to 2 percent. The conservative chief also set extremely... to deliver 2 percent in GDP extra revenues to help Greece meet the fiscal targets agreed with its

    11%

  6. Current account surplus falls to 1.4 bln in July

    EconomyMacroeconomy

    , largely on the back of a 2 percent decrease in non-residents’ arrivals. At the same time, travel.... Meanwhile, the corresponding liabilities fell by 2 billion reflecting a drop in non-resident’s holding

    11%

  7. Budget primary surplus of 3.8 bln to Aug beats target by wide margin

    EconomyMacroeconomy

    the target by 2.78 billion largely reflecting lower primary expenditure (by 2 billion) and revenue..., remaining 2 billion lower than target. MoF said that compared to last year, expenditure increased by 292

    11%

  8. Greece’s embattled commercial steel market industry braced for more challenges
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    and 1.3 percent of the EU’s GDP in 2015. [2] Over the years, European steel production has seen its.../content/8dfede9c-5a56-11e6-9f70-badea1b336d4 [2] http://ec.europa.eu/greece/news/2016/20160316_xalyvourgia_el.htm [3] http

    11%

  9. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    fell by almost 6 pp to 42.7 percent. Lower decreases of around 2 pp were recorded in the next two... the unemployment rate to land at 23.3 percent this year and drop further by almost 2 percentage points

    11%

  10. NOME auctions as a mechanism to strengthen competition in the Greek electricity market
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    Legal

    , is the following: On the basis of the enabling provision contained in paragraph 2 of Article 140 of the same... (GG B / 06.06.2016). The Regulatory Authority also held that, given that par. 2 of article 138

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