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  1. Curr​ent account balance shows surplus of 1.87 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    higher net payments of the other (excluding general government) sectors. Total exports in August.... At the same time, total imports reached 4.20 billion euros, from 4.46 billion euros last year, a drop.... Total exports rose by 1.1 percent, while imports rose by 3.4 percent.The respective amounts came

    11%
  2. ELSTAT confirms third consecutive year or fiscal surplus in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for public investments. According to the data in the second notification, in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third consecutive total surplus... notification and the first one that was published in April this year. The total surplus is lower by 0.1

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  3. Unemployment edges down to 16.7 pct, lowest since April 2011
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    of 1.8 percent. Total employment reached 3.92 million people. ELSTAT’s data showed that there were... compared to July and by 4,407 persons when compared with August 2018 (-0.1 percent). The total... to the same month last year, the hirings balance was 3,905 lower this September. Total hirings came

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  4. Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of the other (excluding general government) sectors. Total exports in September came to 2.70... time, total imports reached 4.69 billion euros, from 4.63 billion euros last year, a rise of 1.1... billion. Total exports rose by 1.5 percent, while imports rose by 3.1 percent.The respective amounts

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  5. Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
    Finance Ministry

    EconomyMacroeconomy

    , with taxes making up 52.17 billion euros of the total. Taxes on goods and services will be higher... administration total 1.18 billion euros, with the lion’s share coming from lower taxes for corporations... by introducing 1.86 billion euros of total offsetting measures, driven by anticipated 557 million euros

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  6. Unemployment edges down to 16.8 pct in September
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    by 61,895 or a rise of 1.6 percent. Total employment reached 3.91 million people. ELSTAT’s data... with September 2018 (-0.2 percent). The total inactive population now stands at 3.22 million. The unemployment... to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came

    11%
  7. Unemployment drops to 16.4 pct in Q3
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    2011. This was combined with a QoQ rise of around 15,500 in those employed, bringing the total to 3.97... to 572,000. Out of the total, long-term unemployed constitute 73.6 percent in Q3. The latest quarter’s... percent of total), agriculture, forestry and fishing (11.3 percent), accommodation and food service

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  8. Unemployment edges down to 16.6 pct in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    or a rise of 1.7 percent. Total employment reached 3.93 million people. ELSTAT’s data showed... (-0.4 percent). The total inactive population now stands at 3.21 million. The unemployment rate... month last year, there were 2,690 fewer people fired than hired. Total hirings came to 208,583 versus

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  9. Primary cash balance surplus at 5.56 bln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros against last year’s total of 50.79 billion. Expenditure for December fell by 829 million... and came to 359 million euros compared to 494 million euros last year. In the aggregate total, interest... showed a drop of 686 million euros, bringing the total to 51.55 billion euros. The Public Investment

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  10. Greek banks eye positive market appetite for bad loan sales
    Photo via www.helex.com

    EconomyBanking

    the total from the current 24 billion down to 8 billion by the end of 2022. The NPE ratio... a mixed portfolio, which carries a total gross book value of 12 billion euros. Up to 3.7 billion euros... that as of Q3 2019, NPLs stood at 71 billion euros or 42.1 percent of total loans. Greece’s four

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