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  1. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    at 178.14 billion In nominal terms, household consumption dropped by 1 percent in 2016, non-profits... were for household consumption and non-profits, which were both seen rising by 1 percent. Nominal GDP

    8%

  2. Newsletter 137 -27/10/2017

    Newsletters

    ” this year. The government has previously suggested that the excess surplus would be around 1 billion euros and would be shared among 1 million households. Reports towards the end of the week

    8%

  3. EC upbeat on reforms paying off, as long as they continue
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    -free threshold closer to the European average. The package intends to deliver 1 percent of GDP savings... to the recapitalisation in late 2015, banks are now capitalised with an average Core Equity Tier 1 ratio of 17 percent

    8%

  4. Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
    Image via www.eurobank.gr

    EconomyBanking

    noted that along with the reduced NPE stock and increased deposits of nearly 1 billion euros...-to-date basis. Capital The phased-in Common Equity Tier 1 (CET1) ratio edged down to 15.1 percent in Q3

    8%

  5. Office prices slip by 0.7 percent in first half of 2017
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    , the index remained flat while for the rest of Greece, it rose by 1 percent. The total index fell... and by 1 percent in the rest of Greece. For the 2016, the retail space rent index decreased by 1.8 percent

    8%

  6. Mitsotakis rules out roles for relatives, Tsipras mulls way out of pension cuts
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    increases it granted to civil servants. Nevertheless, the 1 percent of GDP in pension cuts loom large for Tsipras and his government. Their implementation from January 1, 2019 also feeds

    8%

  7. Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    within the EU increased by 1 percent to 1.01 billion. Receipts from Russia increased at the strongest... to 26 million in 2017. Furthermore, travel receipts are foreseen to increase by at least 1 billion

    8%

  8. New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of overdue obligations, including legacy and new tax debt, rose by around 1 billion euros 99.75... forced collection measures increased by nearly 23,000 individuals month-on-month to over 1 million.

    8%

  9. Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    not fallen below the 1 million mark since Q3 2011. The largest increase in employment in Q3... straight quarter and edged up to 20.5 percent in Q3. The number of long-term unemployed (over 1 year

    8%

  10. Hydrocarbons add to tension between Turkey, Greece and Cyprus
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    confirmed that it had made a lean gas discovery in Block 6 with Calypso 1 NFW. “An intensive and detailed data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas

    8%