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  1. Economic sentiment improves again in Aug, consumer confidence climbs by 4.5 pts
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued in August its steady rise over the last three months as it edged up by 0.8 points although this was smaller than the 4.5-point increase in the previous... and construction a sharp drop to -49.2, down by 9.5 points. Industry confidence dropped by just one point

    6%

  2. Draft budget sees stronger growth, fiscal targets being met
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is projected to drop to 43.16 billion in 2018 from 43.6 billion in 2017. In addition, interest payments... for arrears clearance with another 800 million in July this year. Up to September 2017 the government

    6%

  3. 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.... The unemployment rate for men fell to 17.5 percent, down by 2.1 pp year-on-year. The largest drop

    6%

  4. Strong travel balance brings current account surplus to 1.83 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    the travel surplus up 11.1 percent to 9.24 billion. Financial account Residents’ net external... assets, attributable mostly to an 8 billion-euro drop in residents' holdings of foreign bonds and T

    6%

  5. Disposable income grows by 0.2 pct in Q2 on higher remuneration, consumption rises
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in other transfers and social contributions, along with a drop in taxes. Since 2010, disposable income... percent to 3.1 billion. Furthermore, social security contributions increased by 6.4 percent, up from

    6%

  6. Current account surplus at 1.21 bln in September on services balance growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    arrivals by the same amount. Travel payments fell by 4.2 percent, pushing the travel surplus up 12.4... from an 8.3 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net decrease

    6%

  7. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros. The intake from the public investment budget will be 3.56 billion, up from 3.18 billion... from 6.17 billion in 2017. Interest payments will drop from 6 billion this year to 5.2 billion next

    6%

  8. Deposit inflows of 1.04 bln in October for banks
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    programme review in June, after which deposit inflows picked up pace on the back of increased consumer... would be reduced further by 1.7 billion euros to 26.9 billion. The drop reflected “developments

    6%

  9. Unemployment rate continues decline to 20.5 pct in September

    EconomyMacroeconomy

    the total number of unemployed has stayed below the 1-million mark. The overall labour force edged up... by age group, the largest year-on-year drop (-5.7 pp) in unemployment came from the 25-34 section

    6%

  10. Deposit inflows of 272.9 mln recorded in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    conclusion of the second programme review in June, after which deposit inflows picked up pace... be reduced further by 1 billion euros to 24.8 billion. The drop reflected “developments in the liquidity

    6%