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Car sales rise by 12.3 pct in November and 23.7 percent in 11-month
EconomyMacroeconomy. During November last year, the year-on-year rise came to 16.1 percent. Car sales for the month came to 13,721, compared to 12,219 in November last year. Out of the total, passenger car sales rose... of the year, the remaining sales were made up of motorcycles (35,519 ), lorries (24,543) and buses
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Chasing investment, the Greek dream
Agoraof last year but in the latest quarter of 2018 it dropped again to 10.8 percent. In real terms... billion in the latest quarter of this year. Reviving investments in Greece has become the Holy Grail... investment from abroad as well as encouraging more domestic investment spending. Earlier this year
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Industrial turnover rises by 17.8 pct in October, highest since May 2017
EconomyMacroeconomyGreece’s industrial turnover rose by 17.8 percent year-on-year (YoY) in October after a slightly... the year so far and is the highest YoY increase since May 2017. The 12-month trailing index grew by 11.3... year-on-year declines in this category were seen in other transport equipment (-15 percent), wood
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Retail turnover falls by 2.2 pct in October, volume declines by 4 pct
EconomyMacroeconomyfigure interrupts seven consecutive positive readings and is the second negative reading for the year... this year in which the volume index fell into negative territory, until the latest reading. Compared to October last year, the main declines in turnover were observed in pharmaceutical products
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Travel balance rises by 21.4 pct in October
EconomyMacroeconomyfor the month, increasing by 18.3 percent year on year (YoY). Travel payments fell by 1.3 percent and came... to a 1.03 billion euros surplus last year. Receipts were driven by an increase of 15.6 percent... to 742,300. Over the first ten months of the year, travel receipts rose by 9.9 percent to 15.61 billion
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Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears
EconomyMacroeconomy, of which 307 million were paid in December. The cash balance for the same time last year showed.... The aggregate figure for the year showed that revenues rose by 2.38 billion euros to 50.79 billion euros against the previous year’s total of 48.42 billion. Year-on-year, expenditure for the month
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Second post-MoU review set to begin as Athens eyes return to bond markets
EconomyProgramme, when the institutions’ mission chiefs are expected to hold their first meeting of the year... this year. Despite the sharp rise in government spending in December, as a result of the “social... that things could be much tighter this year because of the looming national elections. The primary surplus
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Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
EconomyMacroeconomy. The figure for a year ago came to 1.94 billion, representing a year-on-year (YoY) rise of 66.8.... The balance a year ago showed a deficit of 2.71 billion euros. In December, the monthly net revenues totalled... at a deficit of 2.32 billion euros. For the same period last year, the balance showed a deficit of 4.27
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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammeto examine on March 11. Greece had pledged to wipe out its state arrears by the end of last year... the first nine months of last year following an increase in Greece’s share in the global trade market... during the year. Although investment remained subdued, there are encouraging signals in the real
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Industrial turnover falls by 0.9 pct in December for first negative reading of 2018
EconomyMacroeconomyGreece’s industrial turnover fell by 0.9 percent year-on-year (YoY) in December after a revised... was for beverages with an annual rise of 9.8 percent. The three largest year-on-year declines... at a rate that matched the high seen in March last year. New business remained steady, and new orders
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