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  1. Rare rebound for industrial production with 1.9 pct rise in Feb

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rebounded 1.9 percent in February after a downward revised marginal drop of 0.2 percent in January, according to the Hellenic Statistical Authority (ELSTAT). The February rate is the first positive reading since November 2014 and is just the third positive

    3%

  2. Greek bank credit contracts by 2.5 pct in March

    EconomyMacroeconomy

    Greek bank credit contracted by 2.5 percent in March - similar to the reduction in February - according to the Bank of Greece (BoG). This means that the current rate remains the lowest negative reading since November 2011. However, the monthly flow turned negative with extended net deductions

    3%

  3. Tsipras eyes movement on EEZ after second Greece, Cyprus and Egypt pact
    Photo by MacroPolis

    PoliticsForeign Policy

    The leaders of Greece, Cyprus and Egypt signed the Nicosia Declaration on Thursday, aiming at strengthening relations between the three countries. The document signed by Alexis Tsipras, Nicos Anastasiades and Abdel-Fattah Al-Sisi is a the next step in a process that began in November 2014, when

    3%

  4. Court ruling on pension cuts could create new problem in talks, fiscal plans
    Photo by MacroPolis

    EconomyProgramme

    -deficit clause in supplementary pensions. Law 4093 was voted through Greek parliament on November 7, 2012

    3%

  5. Newsletter 25 - 08/05/2015

    Newsletters

    and 155 million in November, and 1.2 billion in December. That amounts to 2.29 billion by the end

    3%

  6. Greek CPI down by 2.1 pct in April

    EconomyMacroeconomy

    territory since then. The highest negative reading were recorded in November 2013 (-2.9 percent

    3%

  7. Industrial production shoots up by 5 pct in March for highest rise since 2007

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) advanced for the second successive month in March, at an accelerating rate of 5 percent in March after rising by 1.9 percent in February, according to the Hellenic Statistical Authority (ELSTAT). The March rate is the highest reading since November 2007

    3%

  8. General gov't primary surplus halves in Q1, arrears and guarantees jump

    EconomyMacroeconomy

    million). As a result, SSF arrears surpassed the 2-bilion mark for the first time since November

    3%

  9. Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013

    EconomyMacroeconomy

    Greek building permits rebounded by 10.2 percent in February after a 7.1 percent drop in January, according to the Hellenic Statistical Authority (ELSTAT). February’s is the first positive figure since May 2014 and the highest reading since November 2013, when building activity posted

    3%

  10. Greek DSA: Don't Say Anything about the debt
    Photo by MacroPolis

    Agora

    presented in the November 2012 agreement. It assumes sizable primary budget surpluses that would double

    3%