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  1. Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit continued heading north at a double-digit rate in February, when it increased by 17.7 percent in February after exceptionally strong growth of 91.7 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. As we noted, the substantial rise in January

    2%

  2. Car sales increase by 43.5 pct in March and 35.6 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles (going into circulation for the first time) continued heading north soaring by 43.5 percent in March after a broadly similar rise of 43.1 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The headline figure for March is the third straight

    2%

  3. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits increased for the second straight month in January but at the faster pace of 11.1 percent after a rise of 2.1 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The absolute figure of permits landed at 769 in January, mostly due to seasonal

    2%

  4. Since 2010, declared income has plummeted but tax due has risen
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    billion. The highest reading for declared income since 2005, when data was first made available

    2%

  5. Industrial turnover continues on upward curve with 20.9 pct rise in Feb

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry continued rising at a double-digit pace of 20.9 percent in February, although this was slower than the growth rate of 26.7 percent recorded in January, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The February headline figure is the fourth

    2%

  6. New overdue tax obligations increase by 989 mln in Feb, stock reaches 94 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s new tax debt rose at a slower pace of 989 million euros in February after an increase by 1.63 billion in January, the Independent Authority of Public Revenues (IAPR) data revealed on Monday. New unpaid obligations from tax categories stood at 912 million euros in February, up from

    2%

  7. Significant drop in number of Greek citizenships granted
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    The number of Greek citizenships granted to non-Greeks more than halved in the two years from 2013 to 2015, EU data has shown. Eurostat figures show that there were 7,000 fewer new Greeks in 2015 than in the previous year and 15,500 fewer than in 2013, when the number of new citizenship approvals

    2%

  8. Credit standards and demand for corporate, household loans stable in Q1

    EconomyMacroeconomy

    Credit standards for both corporate and household loans stayed unchanged from the previous quarter in the first quarter (Q1) of 2017, in line with earlier expectations, Bank of Greece (BoG) bank lending survey (BLS) showed on Tuesday. The survey mainly incorporates data of the four systemic banks

    2%

  9. Disposable income rises slightly in Q4 for first time since Q3 2014
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek household disposable income edged up 0.1 percent in the fourth quarter (Q4) of 2016 after falling by 1.8 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure is the first positive reading, albeit marginal, since Q3 2014, when

    2%

  10. Retail sales climb 10.9 pct in Feb on strong rebound in almost all sectors
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index rose for the second straight month at a rate of 10.9 percent in February, after increasing by 1.4 percent in January, Hellenic Statistical Agency (ELSTAT) data showed on Friday. The February headline figure is the highest reading since March 2010. It also

    2%