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  1. Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash balance came to a surplus of 276 million euros in the first eight months of 2017 against a surplus of 2.41 billion euros for the same time last year, Bank of Greece (BoG) data revealed on Monday. The BoG notes that this year’s figure includes arrears

    2%

  2. Industrial turnover up by 8.6 pct in July, positive for eighth month

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry rose by 8.6 percent in July after an upwardly revised growth of 9 percent in June, data from the Hellenic Statistical Authority (ELSTAT) showed on Tuesday. The headline figure for July is the eighth positive reading in a row, although it represents the lowest

    2%

  3. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    Thornton found that, based on data from 2016, hotels account for around 10 percent of Greece’s GDP

    2%

  4. Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts increased by 5.3 percent in July, slowing from the increase of 14.2 percent noted in June, Bank of Greece (BoG) data revealed on Thursday. Receipts came to 2.93 billion euros in July, while payments fell by 9.8 percent to 190.2 million. This pushed the travel surplus

    2%

  5. Athens relieved as ECB and IMF seem to reach understanding on Greek banks
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyBanking

    of EET, Nikolaos Karamouzis presented the latest data on Greek banks and the signs of continued

    2%

  6. Retail sales continue their rise in July as consumer confidence improves
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales increased by 1.6 percent on an annual basis in July after a marginal 3.2 percent rise in June, according to data published by the Hellenic Statistical Agency (ELSTAT) on Friday. Compared to the June figure, the index increased by 2.9 percent in July. The headline figure

    2%

  7. PMI rises to 52.8 in Sept, highest since June 2008

    EconomyMacroeconomy

    burdens. Data behind the figures indicates that new business orders were focused on domestic

    2%

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

    EconomyMacroeconomy

    at 4.8 million in July, edging up from June to the highest level for the year so far. The latest data

    2%

  9. Draft budget highlights taxpayer fatigue, creates policy mix doubts
    Photo by Gerarsimos Domenikos/Fosphotos

    EconomyMacroeconomy

    to the latest budget execution data, in August revenues were 1.77 billion off target. The Finance Ministry

    2%

  10. Newsletter 134

    Newsletters

    activity. The rise in new orders was the most marked for three and a half years. Data behind

    2%