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  1. After recent series of rises, economic sentiment and consumer confidence dip in July

    EconomyMacroeconomy

    above the 100-point mark for the second straight month, while it has improved by more than 11 points year to date. In addition, the July figure is the second highest reading since April 2008. Economic... in the preceding four months. Nevertheless, the July figure is the second highest reading since February 2010

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  2. Greek PMI falls again in July, dropping to 48.7 points

    EconomyMacroeconomy

    Greece’s Manufacturing PMI headed south for the second successive month in June, easing by 0.7... demand led to a reduction in staffing numbers for the second straight month, yet at a slower to June... in the last three months. “The Greek manufacturing sector started the second half of the year in reverse gear

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  3. Greek CPI falls at slower pace of 0.7 pct in July

    EconomyMacroeconomy

    The drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent... of 0.6 percent in June) attributed to the summer sales period in the second half of July. The highest... than 45 years. The official forecasts by the troika institutions and the Greek government see a second

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  4. Unemployment at 27.2 pct in May, hardly changed from previous months

    EconomyMacroeconomy

    indicates the second positive MoM reading in 2014, while the latter posted the fourth non-negative... in May, decelerating from the 0.8 percent drop recorded in April. The May YoY rate is the second lowest.... The respective YoY rate for unemployed displayed a decrease for the second consecutive month, with the May

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  5. Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    . The July figure means that unpaid taxes remained above the 1-billion mark for the second... at 994 million. The MoF aims to collect an additional 1 billion euros in the second half of 2014, which.... The second MoF target of collecting 16 percent of new tax debt by the end of June had been missed

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  6. Credit in Greece contracts by 3.5 pct in August

    EconomyMacroeconomy

    in August, which is the second lowest reading so far this year. In July, net deductions stood at 1.16... contraction slightly accelerated for the second consecutive month to 2.9 percent in August from 2.8...’s figure is the second lowest reading this year. Net deductions significantly fell to 195 million

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  7. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    ) as well as the payment of increased wages for the second half of 2014 (126.2 million) c) The impact... governments and extrabudgetary funds in the second half of 2014 and the positive impact on employment, GDP... as of July 1, 2014), a positive carry-over effect from GDP evolution in the second half of 2014

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  8. Greek disposable income continues its slide in Q2, reached 29 pct during crisis

    EconomyMacroeconomy

    Greek household disposable income fell by 4.3 percent year on year (YoY) in the second quarter (Q2... showed a decelerating trend for the second successive quarter, while is the lowest negative reading... in the domestic economy. Taxes on income and wealth continued heading north for the second straight

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  9. Percentage of Greeks at risk of poverty or social exclusion edges up to 35.7
    Photo by Harry van Versendaal

    Society

    showed the Greek rate of 35.7 percent is by far the highest among eurozone countries and the second... members were at risk of poverty in 2013. The Greek rate remains for the second straight year the second highest among 19 European countries, according to ELSTAT. The ‘at risk of poverty’ (ARP) rate

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  10. Unpaid taxes for September fall to 1.03 bln but up 56.5 pct so far this year

    EconomyMacroeconomy

    euros in the 6-month period. However, the second target may be missed since monthly collections in the second half of the year are averaging at 114 million euros per month, compared to the target of 167 million. The second target is for 16 percent of new tax debt to be collected by the end of June

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