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  1. Marked rise in expenditure leads to a budget primary deficit in Nov

    Economy

    rate of drop slowed to 3.1 percent in the 11-month period from 7 percent until October. The absolute

    2%
  2. Slight deterioration in services sector turnover in Q3

    EconomyMacroeconomy

    The majority of the turnover indices for the services sector fell in the third quarter (Q3) of 2015 for the second successive quarter, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday. Eight out of the 14 services activities recorded a drop in Q3, implying a slight deterioration

    2%
  3. Newsletter 56 - 18/12/2015

    Newsletters

    . Compared to last year, the jobless rate eased by 1.5 percentage points. The rate drop reflects

    2%
  4. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    posted the lowest drop (-16 percent). Following the completion of Greek bank’s recapitalisation

    2%
  5. PMI above 50 points in Dec for first time in 16 months but underlying problems remain

    EconomyMacroeconomy

    for the first time in the past twelve months, incoming new orders posted a drop for the sixteenth

    2%
  6. Industrial production rises by 1.8 pct in November

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) resumed an upward trend in November, when it rose by 1.8 percent following a drop of 1.9 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The November headline figure represents the sixth positive reading in the 11-month

    2%
  7. Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps

    EconomyMacroeconomy

    for loans to sole proprietors eased 3 bps to 7.45 percent. The drop in the corporate lending rates

    2%
  8. Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    (-13.8 percent) last year. The July drop was attributed to the imposition of capital controls and October

    2%
  9. Greek labour market recorded in 2015 second highest net hirings since 2001
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    percent drop in gross departures of 1.71 million. The latter reflects a rise in lay-offs by 14 percent

    2%
  10. Receipts from taxes and social contributions rise to 39 pct in 2014, near EU average

    Economy

    to 81.82 billion implying a double-digit drop by 15.3 percent until 2014. However, due to GDP

    2%