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  1. After recent series of rises, economic sentiment and consumer confidence dip in July

    EconomyMacroeconomy

    above the 100-point mark for the second straight month, while it has improved by more than 11 points... by 1.2 points in July, falling to -51.0. This follows an improvement of more than 15 points

    1%

  2. Greek PMI falls again in July, dropping to 48.7 points

    EconomyMacroeconomy

    goods. The rate of drop in July new orders was faster than that observed in June, mainly reflecting... prices were marginally higher than in June. One of the few areas of cost pressure stemmed from

    1%

  3. Don't let the facts get in the way of "Argentinology"
    Photo by Quim Pagans via Flickr

    Agora

    via a currency board in an attempt to curb hyperinflation which had averaged more than 300 percent... in circulation than the central bank has reserves (dollars in this case) so it can convert them one

    1%

  4. Unemployment at 27.2 pct in May, hardly changed from previous months

    EconomyMacroeconomy

    stand around 0.5 percentage points (pp) lower than a year ago. Although youth unemployment fell by 6.5... the past two years, yet it has more than doubled compared to the May 2009 figure of 24.9 percent

    1%

  5. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    decrease in the long-terms bonds by 8.1 billion euros, which is more than offset by a net increase..., the EFSF/ESM/IMF loans stood at 219.71 billion euros corresponding to more than two thirds of total

    1%

  6. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    in the 7-month period to 4.02 billion euros, which is 144 million lower than target. Following a stronger... expenditure surged 39.9 percent to 2.97 billion, 9.1 percent higher than target.

    1%

  7. Tourist arrivals in June increase 13.7 pct, bringing significant rise in receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    , 6 percentage points higher than the rate of arrivals. A similar pattern was also evident... tourism sector each year. In 2013, more than half (55.4 percent) of the full year arrivals occurred

    1%

  8. Greek trade deficit rises by 7.4 pct in June but rate of increase slows

    EconomyMacroeconomy

    , which was slightly lower than that in May (1.72 billion). The movement in June reflects an increase... of 32.6 percent, significantly higher than the headline figure of 7.4 percent. The geographical

    1%

  9. Rate of credit contraction rises to 3.7 pct in July, balances fall
    Photo by MacroPolis

    EconomyMacroeconomy

    , the sector had posted net additions of 71 and 84 million respectively, which were more than offset... 33.5 percent in Q1. More than half of the 77 billion euros in NPLs at the end of Q1 derived from

    1%

  10. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    . The latter mainly reflects higher deposit NII on improving time deposit spread more than offset..., where spreads are 20 bps lower than new production, is expected to continue supporting NII growth

    1%