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  1. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    a C/A balance close to zero in 2013 and 2014. Note that the latest BoG estimates released..., which is broadly in line with troika July estimates at 2.8 percent and 1.7 percent respectively.

    3%

  2. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP in 2013 and around 2 percent in 2014, while the IMF’s more updated estimates stand at 1.0 and 0.5

    3%

  3. Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek non-seasonally-adjusted GDP contracted 3 percent in the third quarter of 2013, confirming flash estimates released on November 14, according to provisional data published by the Hellenic... year: The official sector estimates a rebound by 0.6 percent, also shared by local banks and Fitch

    3%

  4. European Commission says 2014 is a turning point for Greece as growth resumes

    Economy

    its GDP headline projections, its estimates on GDP components now show a slower drop in private.... Estimates for gross fixed capital formation were lowered to +4.5 percent this year (from +5.3 percent

    3%

  5. Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln

    EconomyMacroeconomy

    at the main Greek airports remained strong in January increasing by 30.2 percent. SETE estimates... updated estimates for 2015 tourist arrivals and revenues this week.

    3%

  6. Greek stock market loses 1.8 pct in week of mixed messages, Q1 results

    Economy

    in line with market estimates. OPAP's Q1 results showed net profit reached 58 million up 16.9 percent... increased by 22.2 percent to 93 million with both figures also beating analysts’ estimates

    3%

  7. Greek bank recapitalisation: The story so far and what lies ahead
    Photo by MacroPolis

    Economy

    with the official estimates of the institutions overseeing Greece’s adjustment programme. In addition..., the European Commission estimates (under its optimistic scenario) that bank the privatisation would result

    3%

  8. Pension reform to be one of new government's toughest challenges in next weeks
    Photo by MacroPolis

    EconomyProgramme

    percent for supplementary pensions. The General Accounting Office (GAO) estimates this will result... will further lower their cost with preliminary estimates calling for a 15 percent average cut in existing

    3%

  9. Unemployment unchanged at 25 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    is consistently posted in the Aegean, at 18.4 percent in July. The latest estimates by the institutions... in the unemployment rate in 2015 and 2016. The absolute estimates stand at 25.4 and 25.8 percent

    3%

  10. EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    In its autumn economic forecasts published on Thursday, the European Commission (EC) revised its estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday... in 2016. These estimates assume implementation of the agreed fiscal measures targeting savings

    3%