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  1. Unemployment rate edges down to 23.3 pct in Q1
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    available. The number of ‘long-term’ unemployed (over 1 year) fell to 779,200 after rising in the previous two quarters, while its percentage out of the total fell to 69.9 percent, its lowest level... sectors, namely wholesale and retail trade (18.1 percent of total), agricultural (12.3 percent

    12%

  2. Greece announces return to markets with 5-year bond, mostly targeting swap
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for the 5-year bonds issued in April 2014 (ISIN: GR0114028534) of a total amount of 4.03 billion euros... conditions, while the settlement is estimated to take place on August 1. “The switch and tender offer... as the total offers reached 3 billion, while the coupon stood at the high end of initial estimates

    12%

  3. Industrial turnover up by 8.1 pct in June for eighth consecutive rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    and quarrying which increased by 11.9 percent. It is noted that this sector makes up a fraction of the total... at a significantly slower rate by 1 percent. Four out of the five main industrial groupings recorded a rise in June... and semi-trailers (+20.7 percent) and other mining and quarrying products (+18.4 percent). A total

    12%

  4. Unemployment falls to 21 pct in July, lowest since Nov 2011
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    which brought the total to 3.8 million. A fall of 12,661 people was noted in the figures for those unemployed to bring the total to 1 million. The overall labour force continued to grow and stood

    12%

  5. Athens rushing to reduce arrears and secure 800 mln in bailout funds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for arrears clearance. An additional 800 million euros was earmarked to be released after September 1... in July. Up to September this year, the Finance Ministry had transferred for this purpose a total... (up to the end of July) 736 million of arrears have been paid out from a total 1.25 billion of funds

    12%

  6. Trust in Greek banking system shaky, survey suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    businesses were aware of the possibility of spending the total amount of funds which are received from... were eased further as of September 1. The relaxation came as part of the government's roadmap, released... that the new measures resulted in the total withdrawal amount across a full year being 300 euros lower

    12%

  7. Sub-tranche for arrears approved as round of review talks draws to close
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . The latest disbursement means that the ESM has now paid out a total of 40.2 billion euros... are included, the ESM and its predecessor, the EFSF, have lent a total of 182 billion euros to Greece... suggested that the figure could be in the region of 1 billion euros, or around 0.5 percent of GDP. However

    12%

  8. Eurosystem funding falls by 4.38 bln in October as ELA declines

    EconomyMacroeconomy

    of the total withdrawn liquidity. The collateral pledged with the BoG edged up slightly by 320 million euros, while that for the ECB declined by 1 billion euros in comparison to the previous month... in circulation have remained under the 40-billion mark for four consecutive months. However, October’s total

    12%

  9. Travel balance up by 17.2 pct in September on higher receipts, lower payments
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    -denominated countries, the total rise was 16.2 percent (1.03 billion euros). For countries within the EU... the aggregate figure up by 8.1 percent to 16.2 million. In total, the BoG figures showed..., travel receipts are foreseen to increase by at least 1 billion and range between 14.2-14.5 billion

    12%

  10. Budget primary surplus at 5.33 bln in October, beating target on revised budget figures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 9.4 percent, specifically income tax revenue which fell by 15.1 percent year-on-year. In total, tax... by 0.3 percent to 5.19 billion, landing exactly on target. In total, a 4.5 percent fall in expenditure... by 51.4 percent to 1.33 billion, missing the target by 1 million euros. PIB expenditure also dropped

    12%