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  1. Travel receipts up 17 pct in May as average expenditure per trip rebounds
    Photo by MacroPolis

    EconomyMacroeconomy

    billion, 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

    18%

  2. Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
    Photo by MacroPolis

    EconomyMacroeconomy

    percent increase posted in June. The slowdown as well as the drop in travel payments in July largely... euros. The absolute figures showed international tourist arrivals stood at 4.41 million in August, up... year. This is entirely attributed to a double-digit growth in international tourist arrivals (up 14.2

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  3. Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound

    Economy

    be manageable. Overall, Greek shares edged up for the second straight week but at a slower pace... on Wednesday a trading update for the second quarter (Q2) showing a drop in net interest and fee income..., the non-performing loan ratio edged up to 39.4 percent in Q2 from 38.9 percent in Q1. The bank also

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  4. PMI picks up to 50.4 in August, new orders grow for first time in two years

    EconomyMacroeconomy

    Greece’s Manufacturing PMI resumed above the 50-point mark edging up to 50.4 in August after... growing only slightly, ended a sequence of steady drop over the past two years. In addition, new... provided some promising signs that the Greek manufacturing sector could be on the verge of picking up

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  5. Industrial production edges up 1 pct in April after double-digit growth in previous two months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) edged up by 1 percent in April after upward revised... makes up more than one fifth of the total index, grew by 3.7 percent. Furthermore, mining... month on month at a sharper pace by 2.6 percent in April after a drop of 1.1 percent in March

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  6. Stocks up 3.1 pct during week to reach fresh two-year high
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    up 3.1 percent after edging down 0.6 percent in the previous week. The rebound largely reflected... million this week after a short-lived drop to 51 million in the previous week. Market news Following... is the issuance of a common bond loan or convertible bond up to 300 million. Hellenic Exchanges repeated GM

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  7. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    consumption fell by 1 percent in Q4, picking up pace from the decline of 0.2 percent noted in Q3. General... the majority of GDP, making up 88.8 percent of the total figure in Q4, with private consumption... the year. Investments Gross capital formation grew by 9.9 percent QoQ following a revised drop of 7.4

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  8. Strong receipts push travel balance up by 15.9 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    drop of 0.8 percent to 125,400. In total, arrivals from the EU 28 countries rose by 12.9 percent YoY... of the year. For 2018, SETE predicts that tourist numbers could reach up to 30 million, but warns... picks up in neighbouring destinations.

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  9. MPs gear up for action as To Potami calls it a day and PASOK wobbles
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the Greek President by MPs and snap general elections. New Democracy has proposed for MPs to hold up... that this will concern taxpayers who owe up to 10 euros to the state. Opinion poll New Democracy goes into this crucial... of support drop by almost 1 point since October. KINAL follows in third on 6.2 percent, then KKE

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  10. General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    was a drop of 360 million in transfers, which came to 786 million euros. The next biggest decline...). ​At 29.1 percent of the total, tax refunds make up the majority of arrears during the month... in bonds, which came to 58.10 billion euros in February and made up 16.3 percent of the total. EFSF/ESM

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