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Trade deficit drops at an accelerating pace of 16.1 pct in October
EconomyMacroeconomyGreece’s trade deficit fell for the second straight month by 16.1 percent in October, after a drop of 12.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The downswing reflects a rise in exports by 4.8 percent coupled with a decline in imports by 5.3 percent
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Newsletter 99 - 09/12/2016
and a drop in the average length of stay. New overdue taxes rose by 1.4 billion in October after a rise
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CPI falls at faster pace of 0.9 pct in November
EconomyMacroeconomy. In 2015, CPI fell by 1.7 percent, which was the biggest annual drop since 2013, while this year’s twelve
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New overdue taxes rise by 890 mln in Nov, total stock up to 94.2 bln
EconomyMacroeconomy, after a drop by around 69,700 in the previous month. The aggregate figure for the 11-month period
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PMI rises to 49.3 in Dec but likelihood of growth remains slim
EconomyMacroeconomy. Greek manufacturers reported a drop in their backlogs in December. This has been the case since July
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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomythe rate in loans to sole proprietors slipped by 3 bps to 7.36 percent. Overall, the drop in corporate
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Trade deficit rises by 1.2 pct in November
EconomyMacroeconomyGreece’s trade deficit edged up by 1.2 percent in November, after a double-digit drop of 16.1 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The upward movement reflects an increase in both imports and exports by 2.9 and 4.2 percent respectively. Exports rose
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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingcards posted a slightly lower drop of 5 percent to 121 euros, largely due to the restrained financial
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Decisive week for Greek programme begins with proposal from Athens
EconomyProgrammeand will accelerate a drop in unemployment, Tsakalotos noted.
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ESM and EFSF approve short-term debt relief measures for Greece
EconomyProgramme2060, while gross financing needs are foreseen to drop by almost 5 pp over the same period. Speaking
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