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  1. Greek deflation shoots up to 1.7 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    of deeper deflation compared to the 0.9 percent posted in 2013. For the next year, official projections... year on year (YoY) and 0.9 percent MoM. From the 12 main groups of goods and services, only one... and services (-2.2 percent). In addition, prices in three categories, namely transport (-0.5 percent

    3%

  2. CPI falls at a slower pace of 0.5 pct in February

    EconomyMacroeconomy

    the 1-percent mark. The official forecasts from the Finance Ministry and the European Commission call... May 2012 by 0.5 percent in February. In addition, services index marginally increased by 0.1 percent... and services (-3 percent). On the flipside, the biggest price increase was recorded in clothing and footwear

    3%

  3. The dragon's head roars in Athens
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    , the official Chinese term for the ‘Belt and Road Initiative’ (BRI)). Beijing and Athens spoke.... Furthermore, Bank of China and ICBC can offer their digital services to the growing number of Chinese... and butter areas of banking services. After an initial consolidation process, they could explore other

    3%

  4. Newsletter 266 -18/09/2020

    Newsletters

    pct. This is in line with the European Central Bank’s estimates and is based on the latest official... unemployment rate in the EU and with a very large tourism sector, big shares of services and SMEs... a significant deterioration in the services balance, which was partly offset by the improved balance

    3%

  5. Unemployment creeps up to 27.6 pct in July; little tourism boost evident
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    percent, followed by Macedonia-Thrace with 29.9 percent. Attica’s rate is 27.9 percent. These official... of arrivals had created expectations that services jobs could absorb and offer even seasonal relief

    3%

  6. The euro debate Greece is not having
    Photo by Harry van Versendaal

    Agora

    You may be amongst those who are not convinced of the devastating effect that the policy mix and pace of fiscal contraction in Greece is having on society. If so, you may subscribe to the official..., subdued demand and high unemployment because we will remain a services economy with low value added

    3%

  7. Tourism turnover index slows but signs remain positive
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . Stronger tourism also led to lower recession this year, up to 4 percent according to latest official...Turnover Index in Accommodation and Food Services rose 1.2 percent in the third quarter 2013, decelerating from the 5.2 percent posted in the second quarter, according to Hellenic Statistical

    3%

  8. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    by the official sector, rating agencies and international brokers show a divergence for 2014... exports of services up 8.8 percent in the third quarter, offsetting to a large extent the strong

    3%

  9. Jobs, hundreds of thousands of jobs
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    on the official assumption, approximately 15 percent of economic growth and an increase in GDP from 180... new jobs by 2020 when the accommodation and food services sector employs 253,300 people at the moment

    3%

  10. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    exercise date of warrants. Although official results have not been announced yet, local media indicate... in corporate and consumer business with particular focus on the wealth management services and credit card

    3%