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Drop in trade deficit slows to 8.8 pct in August as decline in imports decelerates
EconomyMacroeconomyof 715 million recorded in July. The recorded drop in August reflects a similar decline in both imports... percent as the respective exports rose by 6.8 percent, while imports recorded a broadly similar drop... in August, the aggregate figures for the 8-month period point to a drop in trade deficit by 18.5 percent
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Building permits down 11.4 pct in August for second successive drop
EconomyMacroeconomy. Following the August performance, the aggregate figures for the 8-month period point to a modest drop... drop with a plunge of 66.9 percent. The slight decrease in building permits by 0.9 percent so far... prices showed a drop for the twenty-fifth successive quarter by 5.6 percent in the second quarter (Q2
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Trade deficit slips by 1.8 pct in Nov on higher drop in exports
EconomyMacroeconomyin October, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The slight drop...). In absolute terms, the trade deficit landed at 1.53 billion euros in November. The rate of drop... at 2.12 billion euros. Imports also posted a drop for the seventh straight month, reaching 3.65 billion
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Drop in retail sales accelerates to 1.8 pct YoY in Aug, fall in volumes sharper
EconomyMacroeconomyGreece’s retail sales saw an accelerated drop of 1.8 percent year-on-year (YoY) in August, after..., the seasonally adjusted index dropped by 0.8 percent, after a 2.4 percent drop in the previous month... led by a strong drop of 24.9 percent in food and beverages, while household equipment was down
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Industrial production records second drop of year with 2.9 pct YoY decline in Oct
EconomyMacroeconomy-on-year (YoY) drop, after a 2.6 percent increase in the previous month, according to Hellenic.... The manufacturing index drop was in leather and related products, motor vehicles, trailers and semi... supply and 0.2 percent in manufacturing, partly offset by an 8.3 percent drop in mining. According
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Eurobank gears up for crucial but contentious capital increase
EconomyBankingonly on strategic issues, while will also commit to a six-month lock-up period. HFSF said on April 15.... This means that the 19 percent pro-forma ratio would drop to 14.7 percent based on the 2018... of these shares stands at high levels (10 percent with a 2 percentage point step-up every year after 2014
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Car sales up by 20.8 pct in August but rise continues to slow
EconomyMacroeconomysingle-digit increases in the fourth quarter of 2013. Passenger cars, which make up more than 80..., following a drop exceeding 30 percent in each of the preceding three years. In absolute terms, car... financing source of consumers buying motor cars this year is car loans, which make up the bulk
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyindicates a slightly slower increase (up 28.1 percent), mainly reflecting two single-digit readings... followed a sharp drop of more than 30 percent in each of the prior three years (2010-12). In absolute... of consumers is car loans, which make up the bulk of consumer credit disbursements so far in 2014.
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Unpaid taxes up to 1.22 bln in October as total reaches 71.2 bln
EconomyMacroeconomyof October from 62.55 at the end of 2013. The drop by 2.2 billion year to date reflects payments of 1.42... cumulative tax debt of 71.26 billion, up 1.09 billion on the end-September figure of 70.16 billion... of unpaid tax obligations in up to 100 instalments with an interest rate of 4.56 percent, almost half
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Travel receipts up 17 pct in May as average expenditure per trip rebounds
EconomyMacroeconomybillion, up 20.6 percent continuing its strong growth in the course of this year. This is fully driven by soaring international tourist arrivals (up 27.1 percent) to 2.53 million more than offsetting a drop in the average non-resident travel spending per trip by 8.7 percent to 470 euros
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