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  1. EC lowers growth forecasts, sees fiscal targets within reach
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyMacroeconomy

    positively in 2017 and 2018 as the improvement in the services’ balance is projected to more than... of the fiscal consolidation was broadly balanced. Revenues, in particular, were boosted by a strong growth

    4%

  2. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    around 70 percent of total GDP), a strong increase in investments by 5.9 percent and a higher growth... than the respective increase in imports (+3 percent). A month ago, the International Monetary Fund

    4%

  3. Greek PMI rises to 49.6 in May as uncertainty continues to impact
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , optimism remained strong. Greek manufacturers reduced their output for the ninth time in as many months... into a further fall in pre-production inventories. Unfinished work fell to a weaker extent than

    4%

  4. Tsipras eyes next step after mixed Eurogroup deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    certainty about its fiscal targets, some clarity on debt relief measures and a larger-than-expected... new measures. The government will be hoping that a strong tourism season can help drive growth

    4%

  5. Stocks up 3.1 pct during week to reach fresh two-year high
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    the market reaction on Friday, albeit with increased volumes, was more modest (+0.8 percent) than initially... this week, mostly due to the strong gains of 5.4 percent recorded on Tuesday, while they stayed almost

    4%

  6. Industrial turnover up for sixth straight month with 10.7 pct rise in April
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is the sixth straight positive reading, though it falls lower than the March figure of 24.5 percent which... in the domestic market was much more modest, rising by 3.7 percent. The strong growth in the non-domestic markets

    4%

  7. Greeks' working hours among highest in EU, annual leave below average
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    and the average amount of annual leave. This difference is especially strong in the 15 older EU... as working lower than the average working week across the EU was the banking sector. In this sector

    4%

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

    EconomyMacroeconomy

    markets, with a small decline in exports noted for September. Strong client demand led manufacturers... at a weaker rate than in August. An optimistic outlook was reported by manufacturers regarding

    4%

  9. Tsipras hopes to move on after decision on ex-airport project
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    decision that 30 hectares of the vast site (less than 5 percent of the total area) that is due to be built... to his core supporters, the prime minister is aware that a strong economic recovery is his best hope

    4%

  10. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    by an estimated strong finish in the year. The Fund sees annual growth of 3.6 percent in the last... estimates than Greece and the European lenders on tax revenue projections (about a third of the difference

    4%