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  1. PMI slows to 52.9 pts in April, sector confidence hits all-time high
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    displaying the weakest growth since November 2017 as the previous growth in the manufacturing sector... was slower than in previous months. Although orders softened, hiring continued at a strong pace

    3%

  2. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    percent in the previous quarter. NPL stock declined to 20.5 billion from 20.7 billion in Q4, while.... Interbank repos came to 2.3 billion in March 2018 compared to 1.5 billion in the previous quarter

    3%

  3. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and the yield settled at 0.7 percent. The previous 26-week auction was at the beginning of April... of 0.59 percent. The yield of the previous 13-week auction on April 11 was 0.79 percent with a coverage

    3%

  4. Budget primary surplus at 2.33 bln in April on strong PIB underspend
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of 385 million euros noted in the previous month. The balance for April 2017 showed a surplus... in the aggregate period came to 35 million, a slight increase of around 3 million euros against the previous

    3%

  5. Greece and creditors reach SLA - legislation of reforms and debt relief talks next
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    , the European creditors announced that satisfactory progress was made in the previous days of negotiations... quickly to ensure that everything agreed during the previous days is implemented before the June 21

    3%

  6. Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    on a deficit of 385 million euros noted in the previous month. The balance for April 2017 showed... period were confirmed 35 million, a slight increase of around 3 million euros against the previous

    3%

  7. Manufacturing PMI up to 54.2 in May, completing 12 months of rises
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    it was in the previous month. The growth of new business picked up in May, while growth of new orders for exports hit... from the previous month.” With an added encouraging note that “the increased ability of firms

    3%

  8. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP grew by 0.8 percent quarter-on-quarter (QoQ) in the first quarter (Q1) of 2018, after an upwardly revised increase of 0.2 percent in the previous quarter... year, private consumption fell by 0.4 percent in Q1, easing from the previous quarter’s fall of 0.8

    3%

  9. Hirings balance hits new record high of 108,725 in May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is the highest balance on record since the series began in 2001, beating the previous high in April when jobs... in April. The share of departures fell to 58.8 percent from 60 percent in the previous month

    3%

  10. Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits fell by 2.3 percent in March following a rise of 5.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The latest monthly... percent in the previous month. The volume decreased by 1.4 percent, rebounding from a fall of 14.5

    3%