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  1. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    account deficit deteriorated by a mere 2.3 million. The breakdown displayed the double digit drop... largely stems from a double-digit decline in imports (-12.5 percent), which is absolute terms

    4%

  2. Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip

    EconomyMacroeconomy

    Greece's travel receipts rose by 7.3 percent in August, more than double the previous month’s rate of 3.5 percent, Bank of Greece (BoG) figures indicated on Thursday. The absolute figures showed... strong double-digit growth rates in 8-month arrivals from the US (+35.7 percent), the UK (+24.9 percent

    4%

  3. Primary cash surplus widens by 1.8 bln to 4.84 bln by end of Oct

    EconomyMacroeconomy

    in the primary cash surplus to 4.29 billion euros, more than double from last year’s 2.03 billion. The monthly... with the monthly figure posting a double-digit rise of 22 percent in October. Unlike the other items, the PIB

    4%

  4. Industrial turnover falls by 14.7 pct in Sept for eleventh straight drop

    EconomyMacroeconomy

    double-digit decrease. In addition, the trailing index of the industrial turnover over the past twelve... (-26.6 percent) following suit. In contrast, double-digit rises were posted by motor vehicles

    4%

  5. Travel receipts fall by 5.4 pct in Sept for first drop in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    a broadly similar pattern with receipts from the US and the UK recording strong double digit growth... significantly slowed to 5.4 percent from more than 20 in the preceding nine months, while double

    4%

  6. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    target. Revenues Revenues (before tax refunds) grew at double-digit levels by almost 20 percent... that amounted to 953 million euros more than double from last year and incorporate the ENFIA payment, while

    4%

  7. Weak banks drag Greek stocks down by 6.5 pct during week

    Economy

    Greek shares fell by another 6.5 percent this week amid a continued bank weakness, which plunged at double-digit rates for the fifth successive week. Turnover rebounded strongly after Alpha... of 5.6 million last year on the back of a double digit-drop in sales by 17.5 percent to 354.8 million

    4%

  8. Greece a gateway and scapegoat in EU's refugee crisis
    Photo by MacroPolis

    Agora

    as exclusion from the Schengen Area smacks of double standards. Double standards This contrast

    4%

  9. Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity

    Economy

    time since December 7 and closed at 623.07 on Friday. Banks recorded double-digit gains of 15.5... by Alpha (+17.5 percent) and Eurobank (+16.1 percent). Double-digit growth was also recorded by OPAP

    4%

  10. Retail sales fall at slightly slower pace of 3.9 pct in Oct

    EconomyMacroeconomy

    sales is largely attributed to a double-digit drop in automotive fuel (-17.9 percent) and in retail... a double-digit rise in clothing and footwear (+16.4 percent) followed by an increase in furniture

    4%