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Greek trade deficit widens 34.2 pct in Sept as exports slip for third month
EconomyMacroeconomyGreece’s trade deficit widened by 34.2 percent in September after a drop of 29.5 percent in August, according to the Hellenic Statistical Authority (ELSTAT). In absolute terms, September trade deficit reached 2.06 billion euros, which is the highest mon...
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Greek economic sentiment and consumer confidence up again in November
EconomyMacroeconomyGreece’s economic sentiment rose for the second consecutive month in November, increasing to 102.7 from 102.2 in October, according to the European Commission (EC). The November ESI figure is the fifth reading above the 100-point mark in 2014 and the th...
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Greek retail index down 0.9 pct in Sept. although volume increases
EconomyMacroeconomyAfter increasing in the preceding three months, the turnover of Greece’s retail trade index fell by 0.9 percent in September following a downward revised 4.4 percent rise in August, according to the Hellenic Statistical Agency (ELSTAT). In contrast, ret...
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Greek exports up 7 pct in October, reach highest monthly level for 2014
EconomyFollowing a downward trend in the preceding three months, Greece’s exports rebounded by 7 percent in October, according to the flash estimate of commercial transactions released by Hellenic Statistical Authority (ELSTAT) on Monday. The October headline ...
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Rise in Greek car sales slows to 7.5 pct in November
EconomyMacroeconomyΤhe rate of increase in the number of road motor vehicles going into circulation for the first time slowed to 7.5 percent in November from 33.7 percent in October, according to the Hellenic Statistical Authority (ELSTAT). The November headline figure is...
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomyGreece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion in the 11-month period from 2.65 billion in the 10-month, according to the Finance Ministry (MoF) preliminary budget bulletin. As a result, the year to da...
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Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln
EconomyMacroeconomyGreece’s budget execution posted a primary surplus of 3.57 billion euros in the 11-month period, according to the Finance Ministry (MoF) final budget bulletin. This is 33 million euros higher than the preliminary figure released on December 12. The fina...
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Greek trade deficit shrinks by 4.4 pct in October on back of strong exports
EconomyMacroeconomyAfter a sharp rise by 34.2 percent in September, Greece’s trade deficit narrowed by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT). The absolute figures show that the October trade deficit stood at 1.77 billion after re...
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Greek retail sales back on upward course in October after brief dip
EconomyMacroeconomyAfter a short-lived drop of 0.9 percent in September, the turnover of Greece’s retail trade index rose by 0.5 percent in October, according to the Hellenic Statistical Agency (ELSTAT). This was the fourth positive reading in the last five months and the...
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Papandreou's bid for new role in Greek politics far from simple task
PoliticsGreek PoliticsFormer Prime Minister George Papandreou is expected to unveil his new party on Saturday, in time for it to take part in the January 25 elections. The precise details of the personalities and policies that will make up the party are not yet known but it ...
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