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  1. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    . For H1, private and general consumption dropped by 1.4 and 2.6 percent respectively, leading total... up nearly 69 percent of the total figure. Since its peak in Q3 2009, household consumption has... of 1 percent in Q2 from 3.2 in Q1. Compared to last year, total exports dropped by 11.4 percent

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  2. MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
    Photo via Flickr https://flic.kr/p/r7FCCf

    Economy

    of the agreement and a total of 51 percent will be paid by 2018. HRADF also said that the preferred investor accepted to undertake 8 billion euros in total investments, of which 80 percent will be implemented... of shopping centres and offices, while the share of recreation activities and hotel operations to total

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  3. Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4

    EconomyMacroeconomy

    200 euros each for a total amount of 236.5 million. The breakdown also showed that another 3.07... percent of total), while for more than 432,000 taxpayers the tax obligation exceeded 1,000 euros for a total amount of 1.1 billion (40.4 percent of total). Overall, 6.39 million individuals were due

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  4. Newsletter 92 - 14/10/2016

    Newsletters

    production by 4.6 percent, which accounts for around 21 percent of the total index that more than... percent weighting in the total index. The seasonally adjusted IPI rebounded 0.4 percent from... in August. However, the total number of vehicles sold (9,044) is the third lowest reading since

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  5. In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    ’ (performing or past due less than 90 days) NPEs widened to 27.6 percent of total NPEs in the first half... percent of total performing exposures from 12.7 percent at the end of 2015. In addition, exposures... to 19.5 percent of total exposures from 17.6 percent at the end of 2015. In specific, the stock

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  6. IMF examines how Greece accumulated large pile of unpaid taxes and contributions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    evaluation earlier this week. The total amount of this type of debt stands at 115 billion euros.... Specifically, tax debt represents more than 80 percent of total liabilities to the state. The stock reached... of the total figure. In contrast, 1 percent of debtors owe more than 1 million euros each, accounting for 80

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  7. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (less than 5 months) exceeded the long-term figure. Long-term to total unemployment started rising... been jobless for more than two years to the total unemployed has risen from 21.8 percent in 2009.... In 2015, more than half (51.2 percent) of the total jobless figure were unemployed for more than

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  8. Central government debt rises to 326.4 billion on ESM disbursement
    Photo by MacroPolis

    EconomyMacroeconomy

    billion in total, of which 52.9 billion relate to the Greek Lon Facility (GLF) bilateral loans... of total debt. Of this amount, 38.6 billion are held by private investors and 18 billion by the ECB... in 2016, up from 10.8 years in the 9-month period, while the respective maturity of total debt

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  9. Job hirings at record high of 24,938 in Feb, negative employment balance for year-to-date
    Photo by Panayotos Tzamaros/Fosphotos

    EconomyMacroeconomy

    hirings stood at 138,242 in February and outpaced a total of 113,304 departures, of which more than half... of flexible type of work to total hirings stands above the 55-percent mark in five of the last six months. The share of males among total hirings continued increasing and stood at almost 61 percent

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  10. Fraport reveals airport plans as major privatisation overcomes obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    million for the 40-year life of the concession bringing the total guaranteed cash consideration..., while its total investment is seen close to 1 billion euros. This includes additional maintenance... in an increase of 100,000 square meters in the terminal size of the 14 airports to a combined total size

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