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  1. IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct

    Economy

    adjustment programme. Unlike its upbeat GDP and unemployment rate projections, the IMF adopted

    4%
  2. Industrial production down 0.3 pct in Aug for first fall since Mar

    EconomyMacroeconomy

    index, while mining and quarrying production fell at double-digit rate of 13.7 percent, but accounts

    4%
  3. Legislative developments on restructuring and liberalisation of Greek electricity market

    Legal

    injected into the electricity system at a specified minimum rate on a multi-hour time-scale

    4%
  4. Building activity soars 35.4 pct in July mostly reflecting a low base effect

    EconomyMacroeconomy

    are extremely low, thus any small change in numbers results in an inflated growth rate. Following the improved

    4%
  5. Crisis sees Greeks change eating habits, cut back on eating out
    Photo by MacroPolis

    Society

    , the sixth highest rate. The Eurostat data also showed that Greece has the lowest gap between low

    4%
  6. Industrial turnover edges up 0.2 pct in August in first rise since October 2014

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry slightly rose by 0.2 percent in August after an upward revised decline of 6.4 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The August growth rate, albeit marginal, represents the first positive reading since October 2014, when

    4%
  7. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    the 9-month figure increased at double-digit rate of 11.6 percent to 33.11 billion, beating target by 1.07

    4%
  8. Bank credit contracts by 1.7 pct in September on loan deductions of 355 million

    EconomyMacroeconomy

    The rate of credit contraction in the Greek market remained stable at 1.7 percent in September, Bank of Greece (BoG) figures showed on Thursday. The loan balance further dropped to 198.42 billion at the end of September, which is the lowest reading since June 2007. The monthly net deductions slowed

    4%
  9. Parliament's budget office sees obstacles to recovery, warns on private debt

    EconomyMacroeconomy

    In its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals. In particular, the recession is continuing, while a drop in the Q2 unemployment rate is mostly attributed

    4%
  10. PMI falls again in October amid ongoing drop in output and new orders

    EconomyMacroeconomy

    underlying demand, while the rate of contraction was the sharpest since July. New orders continued

    4%