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  1. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    revision mainly reflects higher forecasts for revenues (by 1 billion), more than offsetting higher

    1%
  2. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    to the Bank of Greece (BoG). Housing credit contraction is mainly due to heightened non-performing loans

    1%
  3. Greek industrial turnover drop accelerates in April

    EconomyMacroeconomy

    -domestic market by 7.9 and 12.9 percent respectively. The latter mainly reflects a nosedive by 23.8

    1%
  4. Two years on, Greek government ready to give up on higher heating fuel tax

    PoliticsGreek Politics

    mainly of burning wood and wood products, which had a negative impact on air pollution and quality

    1%
  5. European Commission paper highlights challenges for Greek exports

    Economy

    the crisis years. Adjusting for this denominator effect reveals that the shrinking trade deficit was mainly

    1%
  6. Retail sales up 3.9 pct in April for first positive YoY reading since 2010

    EconomyMacroeconomy

    percent) mainly affected by a similar nosedive in wages as well as heightened unemployment and tax

    1%
  7. Deposits rise for third straight month in May, reaching 162.1 bln

    EconomyMacroeconomy

    recorded in April. The negative flow in May mainly reflects general government outflows of 2.6 billion

    1%
  8. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    hovering between 3.5 and 4.5 percent over the past two years and has been mainly affected by hiking non

    1%
  9. Greece shelves water privatisation plans, leaving gap in revenue targets

    Economy

    billion euros is mainly related to the sale of three assets, namely Hellenikon (former Athens airport

    1%
  10. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    shows an increase of 56 bps year to date, mainly reflecting the loan rate hikes in January and April

    1%