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  1. Opposition tries to pin government down over last year's Plan X
    Photo via Flickr https://flic.kr/p/7sxCd6

    PoliticsGreek Politics

    of last year. The opposition parties have attempted to put the government under as much pressure... last year and the agreement for a third bailout in July 2015. The coalition, whose relationship with Varoufakis has deteriorated significantly since he left the cabinet last year, has tried to distance

    5%

  2. Car sales fall by 19.8 pct in Dec but rebound for fourth successive year in 2016
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    is the second lowest reading this year. In the course of 2016, car sales peaked at 17,290 in May, while the year low of 6,990 was recorded in February. Passenger cars declined also by 21.2 percent in December... year, road motor cars grew by 11 percent to 128,910 at a decelerating pace compared to the 13.5

    5%

  3. Revenues beat target by 3.9 pct in Feb, remain above target for year

    EconomyMacroeconomy

    Greece’s budget revenues beat their target for the second straight month this year, according... two months of 2017 follows the strong performance in the second half of last year, which led gross... the target by 1.88 billion. Last year’s outperformance is mostly attributed to higher tax revenues, which

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  4. Industrial production grows by 0.2 pct in Dec and 4.1 pct for full year
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    for December was the lowest rate of growth recorded for the year, contrasting with February last year where... grew by 0.8 percent, and came to 95.63 for December. The aggregate figure for the year showed

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  5. Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    to be completed smoothly and Greece’s official creditors to grant substantial debt relief this year... the completion of the third review and after the recent issue of 3 billion seven-year note with a yield... for the first time since 2006, Fitch expects growth of 2.1 percent this year and 2.6 percent in 2019, mainly

    5%

  6. Central Athens shop closures at six-year low, mixed picture in other commercial centres
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    percent to 22.8 percent within a year. Broken down by area of activity, a decline of 0.78 pp was noted... in the space of a year, followed by Nea Ionia (+1.32 pp), Kifissia (+1.31 pp), Glyfada (+1.04 pp... areas. “From the start of the year, we have noted small economic improvements in small to medium sized

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  7. Concerns raised about next year's pensions cuts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    pensions will be cut next year, when Greece is expected to trim its spending on retirees by 1... pensioners would experience cuts of up to 30 percent at the most as a result of next year's reductions... rate, pensions consume a notable amount of state funds each year. According to the Organisation

    5%

  8. Industrial production grows by 1 pct in May, up by 0.2 pct in first five months of the year
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    at the start of this year. Across 2017, the index had remained consistently positive. Month-on-month... figure for the first five months of the year showed that the IPI rose by 0.2 percent. The figure... points month-on-month to -1.6, staying negative for a fourth month. In the year so far, industry

    5%

  9. Car ​sales up by 28.4 pct in June and 28.8 pct in first six months of the year
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    percent in May. Car sales for the month came to 20,469. The absolute figure for June last year stood... percent in the aggregate period. During the respective periods a year ago, motorcycle sales had declined by 21.4 percent and 22.2 percent. According to the full-year data for 2017, car sales doubled

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  10. Industrial production grows by 1.2 pct in June and rises by 0.5 pct in first half of the year
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    of this year. Across 2017, the index had remained consistently positive. Month-on-month, the index grew..., and came to 94.54 for June. The aggregate figure for the first six months of the year showed... of negative readings. In the year so far, industry confidence has risen by 5.2 points. Additionally

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