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  1. Economic sentiment breaks 100-point mark in Sept, consumer confidence up by 3.3 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    since December 2014. Following the dips in the first half of the year, ESI has improved by 5.5 points..., rising by 3.3 points in September to stand at -53.7. On a year to date basis, the index has gained 10.7 points, having recovered from declines noted in February through to March of this year

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  2. Industrial production rises by 5.6 percent in August after revised July growth

    EconomyMacroeconomy

    on Tuesday. In the year so far, the IPI has remained steadily in positive territory. The increase originates... at 95.91. The aggregate figure for the first eight months of the year showed that the IPI rose by 5.4... confidence indicator published by the European Commission showed that in the year to date, industry

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  3. Building activity falls by 2.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    to the same month last year. ELSTAT noted that the increase or decrease in building permits issued does... successive year in 2016, with building permits falling by 5.5 percent after edging down by 0.9... percent year-on-year in the second quarter of 2017. This followed a revised drop of 1.7 percent

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  4. Mitsotakis urges ND renewal, challenges PM over surplus
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    pledge to redistribute this year’s fiscal overperformance. “Whatever excess there is this year, we will share it out among the weakest, just as we did last year,” he said, referring to the redistribution of 500 million euros among pensioners last December. The size and fate of this year’s fiscal

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  5. Athens expects 800 mln sub-tranche as review talks progress
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    confirmed that Athens and the creditors have agreed there will be a fiscal overperformance this year... concur on the size of this year’s excess surplus but have yet to decide on how... for 2018 but said that he expects these to be settled in the coming days. Next year’s budget is being

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  6. Sub-tranche for arrears approved as round of review talks draws to close
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of GDP target comfortably this year, they seem to believe that there will be a shortfall in 2018. The question is how big they think next year’s underperformance will be. Reports earlier this week... in making adjustments to bridge the gap given that the volume of next year’s budget is around 50 billion

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  7. Tsipras eyes review conclusion, insists SYRIZA patience will pay off
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    measures would be needed next year and that snap elections might be triggered in the spring. He... also heard that there will be a “social dividend” at the end of the year... is that some of this year’s excess surplus will be distributed among Greeks who are receiving

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  8. Trade deficit declines by 3.8 pct in September as exports outpace imports
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    billion euros for the month. The change in the deficit stemmed from a growth in exports year-on-year... below the four-billion-euro mark for the fourth month in a row this year. The breakdown by geography... during the first nine months of the year. Not counting the impact of oil products and the value

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  9. Unemployment falls again in August, edging down to 20.6 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to 3.79 million, 101,578 higher than a year ago. The number of unemployed decreased by 16,769, bringing... by 17,128. The unemployment rate among women fell by 3 points from last year to 24.9 percent in August. The unemployment rate for men dropped to 17.2 percent, down by 2.3 pp year-on-year. The largest

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  10. Industrial production grows by 2.4 pct in Sept

    EconomyMacroeconomy

    revealed on Thursday. In the year so far, the IPI has remained steadily in positive territory. The increase.... The aggregate figure for the first nine months of the year showed that the IPI rose by 5.1 percent... industry confidence indicator published by the European Commission showed that in the year to date

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