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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomyGreece’s central government primary cash balance climbed to 2.66 billion euros in the first five months of 2016 from 1.07 billion euros last year, Bank of Greece (BoG) figures showed on Friday. However, the monthly data points to a primary cash deficit of 277 million euros in May from a small
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Uncomfortable parallels: The Greek and British referendums
Agorathat Britons “have had enough of experts”. Polling data suggests that as glib as Gove’s comment may appear
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Adult skills in Greece lacking, indicates OECD survey
Societyto the literacy scores, the numeracy data also shows that the gap between younger Greeks
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Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomyGreek households’ new time deposit rate slightly eased for the fifth straight month in May, when they fell by by 2 basis points (bps) to 0.85 percent from 0.87 percent in April, Bank of Greece (BoG) data displayed on Tuesday. The headline figure for May represents a new low since Greece entered
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Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012
EconomyMacroeconomyperiod. The seasonally unadjusted data, which strips out the smoothing effect of statistical
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Drop in CPI slowed to 0.7 pct in June
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell by 0.7 percent in June after a 0.9 percent drop in May, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. The decline came at a decelerating pace for the third successive month. The headline figure for June represents the slowest deflation
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Car sales fall 2.5 pct in June after impressive growth in preceding two months
EconomyMacroeconomyThe number of road motor vehicles (going into circulation for the first time) fell by 2.5 percent in June after an impressive growth of 33 and 24.5 percent respectively in the preceding two months, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The absolute figure landed at 12,434
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Industrial production up again in May with 2.9 pct increase
EconomyMacroeconomyGreece’s industrial production continued its rebound in May, posting an increase of 2.9 percent compared to a sharp drop of 4.3 percent in May 2015, ELSTAT data showed on Monday. On a month on month basis, May recorded a drop of 1.9 percent compared to April. In the year to date, industrial
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Building activity decreases at slower pace of 5.3 pct in April
EconomyMacroeconomyGreek building permits fell by 5.3 percent in April after an 11.5 percent drop in March, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. May was the fourth straight month of decline. The April headline figure represents the lowest negative reading since January. The absolute figure
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Net job hirings hit 33,608 in June, highest since 2001
EconomyMacroeconomyThe employment balance remained positive for the fifth straight month showing net hirings of 33,608 in June 2016, up by 25,018 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data displayed on Friday. Moreover, this year’s figure is the highest
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