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  1. Rising exports drive 16.6 pct contraction of February trade deficit
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 16.6 percent in February, shrinking further compared to January’s decline of 14.8 percent, according to data from the Hellenic Statistical Authority (ELSTAT) released on Thursday. The deficit stood at 1.72 billion euros for the month. The driving factor behind

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  2. Industrial production falls by 2 pct in February
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) declined by 2 percent in February after a 1.2 percent fall in January, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. February’s headline figure is the lowest since March 2016 when when the index registered a decline of 3.6 percent

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  3. CPI declines by 0.2 pct in March for year’s second negative reading
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) edged down by 0.2 percent in March after positive growth of 0.1 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Friday. 2017 marked the first full year of consumer price increases after four uninterrupted years of deflation

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  4. Central Athens shop closures at six-year low, mixed picture in other commercial centres
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    on data from several main commercial streets across Athens and Piraeus. The index for the March 2018

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  5. New overdue taxes jump by 2.01 bln in Feb, total stock climbs to 101.12 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt jumped by over 2 billion euros in February, growing sharply from an increase of 766 million euros in January, data from the Independent Authority of Public Revenues (IAPR) revealed on Tuesday. The aggregate figure for the first two months of the year showed that new tax debt

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  6. Industrial turnover grows by 3.1 pct in February

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 3.1 percent in February, slowing down from January’s upward revised growth of 12.9 percent according to Hellenic Statistical Authority (ELSTAT) data published on Thursday. The 12-month trailing index grew by 9.6 percent. The month’s performance was largely

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  7. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance fell by 135.2 percent year-on-year in February compared to a rise of 3.4 percent in January, Bank of Greece (BoG) data revealed on Monday. Receipts came to 151.9 million euros for the month, up by 12.6 percent. However, payments also rose by 37.7 percent to 158.8 million

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  8. After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    be an election year and is still hopeful that the latest fiscal and GDP data will help convince the Fund

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  9. Credit standards and demand for corporate, household loans unchanged in Q1​

    EconomyMacroeconomy

    Credit standards for both corporate and household loans stayed unchanged from the previous quarter in the first quarter (Q1) of 2018, in line with earlier expectations, the Bank of Greece (BoG) bank lending survey (BLS) showed on Tuesday. The survey mainly incorporates data of the four systemic

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  10. Which way to the exit?

    Agora

    reserves from general government bodies, which stand at 20 billion euros based on the latest data

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