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Trade deficit soars in Jan on ship imports from non-EU countries
EconomyMacroeconomyGreece’s trade deficit surged by 91.7 percent in January, following a rise of 4.8 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The sharp rise mainly reflects soaring ship imports from non-EU countries, which caus...
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New overdue taxes rise by 1.6 bln in Jan, total stock at 93.4 bln
EconomyMacroeconomyGreece’s new tax debt increased at an accelerating pace by 1.63 billion euros in January from 1.28 billion in December, data from the Independent Authority of Public Revenues (IAPR) revealed on Thursday. The headline figure for January represents the hi...
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Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect
EconomyMacroeconomyGreece’s Turnover Index in Industry soared by 26.9 percent in January after an upward revised double-digit growth of 14.7 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday. The January headline figure is the third p...
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Current account deficit narrows to 271 mln in Jan
EconomyMacroeconomyGreece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The improvement by around 500 million euros from last year largely reflects an increas...
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomyGreece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG) figures showed on Friday. At the same time, the corresponding payments rose by 15 percent to 149.5 million, leading travel surplus down by 60.6 percent ...
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Retail sales rebound 1.4 pct in Jan after brief fall in Dec
EconomyMacroeconomyThe turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop of 1.3 percent in December, Hellenic Statistical Agency (ELSTAT) data revealed on Friday. The January headline figure represents the fourth positive readi...
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Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment stayed stable at 23.5 percent in January 2017 after an upward revision of the December figure, which was initially reported at 23.1 percent, Hellenic Statistical Authority (ELSTAT) labour force survey showe...
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Building activity increases for second straight month after 11.1 pct rise in Jan
EconomyMacroeconomyGreek building permits increased for the second straight month in January but at the faster pace of 11.1 percent after a rise of 2.1 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The absolute figure of permits la...
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Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. The headline figure is the lowe...
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Multi-bill on way as Athens aims to complete third review by Jan 22
EconomyProgrammeThe tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away. Parliamentary sources told the local media on Wednesday that the multi-bill would be submitted to the House ear...
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