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Greek unemployment drops slightly to 25.8 pct in October on lower jobless
EconomyMacroeconomyThe seasonally adjusted (SA) unemployment rate eased for the second successive month to 25.8 percent in October from an upward revised 26 percent in September, according to the Hellenic Statistical Agency (ELSTAT). The headline figure for October is the...
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Greek economic sentiment and consumer confidence fall sharply in December
EconomyMacroeconomyAfter improving in the preceding two months, Greece’s economic sentiment (ESI) fell by 3.8 points to 98.9 in December from 102.7 in November, according to the European Commission (EC). The ESI figure for December is the lowest reading since Apri, while ...
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Greek exports rise by 6.6 pct in November to trim trade deficit
EconomyMacroeconomyThe drop in Greece’s trade deficit accelerated to 10.7 percent in November after easing by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT). In absolute terms, the trade deficit reached 1.46 billion euros in November, whi...
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Undecided voters could still decide crucial aspects of Greek elections
PoliticsGreek PoliticsA total of 9,834,970 Greeks are registered to vote in the January 25 elections but the result could still be shaped by around 1 in 10 voters who have yet to make up their minds. Opinion polls indicate that a lot of Greeks have yet to decide who they wil...
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Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln
EconomyGreece’s budget execution showed the primary surplus shrinking by 1.7 billion euros in December ending the year at 1.87 billion from 3.57 billion in the 11-month period, according to the Finance Ministry (MoF) final budget bulletin published on Monday. ...
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Greek economic sentiment down in January but consumer confidence rises
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued retreating for the second straight month in January, when it fell by 3.8 points to 95.3 from 99.1 in December, according to the European Commission (EC). January’s figure is the lowest reading since February 2...
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Greek retail turnover index down 1.6 pct in November
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell 1.6 percent in November from an upward revised 0.8 percent increase in October, according to the Hellenic Statistical Agency (ELSTAT). November rate is the sixth negative reading in the 11-month period of...
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Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low
EconomyMacroeconomyAfter rising in the preceding three months, Greece’s Manufacturing PMI dropped by 1.1 points to 48.3 in January from 49.4 in December, according to Markit. The headline figure fell to a 15-month low, while it was the seventh sub-50 reading in the last e...
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Greek apartment prices down 5.8 pct in Q4 2014
EconomyMacroeconomyThe drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent in Q4 2014 from 7 percent in Q3, according to the Bank of Greece (BoG). However, the Q4 rate indicates the twenty-third consecutive negative reading since...
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Greek trade deficit widens by 26.9 pct in December
EconomyMacroeconomyAfter receding in the previous two months, Greece’s trade deficit rose by 26.9 percent in December, according to the Hellenic Statistical Authority (ELSTAT). In absolute figures, the trade deficit stood at 1.78 billion euros in December, which is the fi...
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