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  1. Building activity soars 35.4 pct in July mostly reflecting a low base effect

    EconomyMacroeconomy

    are extremely low, thus any small change in numbers results in an inflated growth rate. Following the improved

    3%
  2. Industrial turnover edges up 0.2 pct in August in first rise since October 2014

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry slightly rose by 0.2 percent in August after an upward revised decline of 6.4 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The August growth rate, albeit marginal, represents the first positive reading since October 2014, when

    3%
  3. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    the 9-month figure increased at double-digit rate of 11.6 percent to 33.11 billion, beating target by 1.07

    3%
  4. PMI falls again in October amid ongoing drop in output and new orders

    EconomyMacroeconomy

    underlying demand, while the rate of contraction was the sharpest since July. New orders continued

    3%
  5. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) edged up 0.1 percent in September, after an upward revised identical growth rate in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. Last month, ELSTAT said industrial production fell 0.3 percent in August. The headline figure

    3%
  6. Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    growth rate of 10 percent to 39.1 billion from 35.54 billion a year ago. This means that revenue

    3%
  7. Report shows Greek tax burden increased in 2015, remaining above OECD average
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    at the standard rate to the entire potential tax base and all revenue was collected. Greece's VRR figure

    3%
  8. Trade deficit drops at an accelerating pace of 16.1 pct in October
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent, while imports dropped at double-digit rate of 12.6 percent leading the corresponding trade

    3%
  9. Tsipras springs surprise with handout pledge for pensioners
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Minister also said that the government would freeze plans to increase the VAT rate on the northeastern

    3%
  10. Bill aims to encourage more electronic transactions in Greece

    EconomyMacroeconomy

    with a rate of 22 percent. Moreover, the tax credit on medical expenses will be provided from 2017

    3%