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  1. Sharp drop of 4.2 pct in Greek industrial turnover in May

    EconomyMacroeconomy

    turnover over the last twelve months shows a drop by 1.9 percent, as a double-digit rise in June 2014...’s Manufacturing PMI eased by 1.1 points to 46.9 points in June, indicating the second lowest... a contraction for the tenth straight month. “The accelerated contraction in goods production in June

    3%

  2. Stock market at lowest since Sept 2012 after shares fell by 16.23 pct on reopening
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    controls on June 29, whilst the domestic market had recorded strong gains of 16 percent in the last week of June amid increased optimism (at that time) for an imminent agreement with institutions by the end of June. Banks were severely hit in today’s session with a sell-off at the “limit down” of 30

    3%

  3. ELA funding down by 1.48 bln in July for first monthly drop since May 2014
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    in June, according to the Bank of Greece's (BoG) monthly financial statement published on Monday... of June, still representing the second highest reading since December 2012. The historic high of 135.6 billion was recorded in June 2012. The reduction in bentral bank funding is fully attributed

    3%

  4. Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003

    EconomyMacroeconomy

    Greek private sector deposit outflows fell to 1.51 billion euros in July from 7.58 billion in June... as of June 29. The outstanding balance fell further to 120.83 billion, which is the lowest reading... billion), in February (7.63 billion) and in June (7.58 billion). Total deposits - which also include

    3%

  5. Major fall of 31.6 pct for building activity in July

    EconomyMacroeconomy

    and volume strongly rebounded by 58.2 and 275 percent respectively in July, following a drop in June. As of June ELSTAT no longer publishes the breakdown of building permits per region “in order... until June, ELSTAT refrains from providing the total building permits figures for the trailing 12

    3%

  6. Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes

    EconomyMacroeconomy

    in the basic VAT rate, applied to the bulk of goods and services, from 23 to 24 percent as of June 1... in 11 islands will be abolished as of June 1. The excise tax on cigarettes, tobacco, beer and energy.... A restructuring of rates and base for car registration as of June 1 aims to fetch annual revenues of 30

    3%

  7. EWG clears 7.5 bln tranche for Greece in first step before disbursement
    Photo via Flickr https://flic.kr/p/hBR9WW

    EconomyProgramme

    on the conclusion of the first programme review is expected at the Eurogroup on June 16. The European... disbursement, which will reportedly take place before the referendum in Britain on June 23. On Thursday... that Greece’s debt obligations between June and September amount to 5.74 billion, while another 1.67

    3%

  8. Greek stocks down 4.6 pct during week after Friday’s sell-off

    Economy

    and the European Stability Mechanism are due on June 16. The Hellenic Republic Asset Development Fund... to 96 million euros, its highest level within June. However, due to subdued volumes in the previous... a dividend yield of 4.4 percent. Next week, Eurobank holds its Annual General Meeting (AGM) on June 15

    3%

  9. Newsletter 85 - 05/08/2016

    Newsletters

    further increased by 1.22 billion in June, following a broadly similar rise by 1.25 billion in May... soon. month, by 175 million month-on-month, to reach 7.22 billion at the end of June. Since... taxes increased by another 1.22 billion euros in June, after a 1.25-billion-euro rise in May. The sharp

    3%

  10. Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln

    EconomyMacroeconomy

    residual maturity of total debt stock edged up to 16.67 years at the end of June, which... cash deposits rebounded to 3.17 billion in June from 2.08 billion in March, while the amount of the segregated account climbed to 5.05 billion in June from just 63.4 million in March. The increase

    3%