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  1. CPI declines by 0.2 pct in March for year’s second negative reading
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. March’s decline stems largely from a fall of 2.2 percent in miscellaneous goods and services... of 1.5 percent is attributed mainly to a strong increase of 29.5 percent in clothing and footwear

    8%

  2. Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    than target. The MoF noted that the decline in expenditure was mainly due to a fall in grants... grew to 1.06 billion, a strong improvement against the figure for the same time last year of 742

    8%

  3. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was a strong improvement in the balance of goods, where the deficit declined by 476.2 million to 1.48... at 2.84 billion. This was driven by a combined fall in the services surplus (-162.3 million) and secondary

    8%

  4. Growth strategy sets out reform targets, broad policies for post-MoU era
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyProgramme

    sustainable growth on strong social and environmental pillars. After all, this is made clear... of the employment rate by 7.4 percentage points, causing it to fall to around 14 percent from 21.4 percent

    8%

  5. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    as a strong vote of confidence in the prospects of the newly established NPE market, the recovering real... stock is anticipated to fall by 34 percent between March 2018 and December 2019

    8%

  6. Industrial turnover rises by 6.7 pct in April for fourth positive reading

    EconomyMacroeconomy

    Greece’s industrial turnover reflected a strong increase in April with growth of 6.7 percent after March’s figure was revised upward to 3.7 percent, Hellenic Statistical Authority (ELSTAT) data... and quarrying, reversing the fall of the previous month. The turnover index in manufacturing also

    8%

  7. Economic sentiment at 102.5 in June as improvement in subindexes slows
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    represents a fall after three months of improving sentiment, it marks the third consecutive reading..., reversing the strong improvement of 15.7 points noted in May, and stood at -47.8. The improvement

    8%

  8. Newsletter 168 -29/06/2018

    Newsletters

    . Lazaridis is based in Thessaloniki, northern Greece, where there have been some strong reactions.... Although June’s reading represents a fall after three months of improving sentiment, it marks the third

    8%

  9. Greek banks push for return to normality

    EconomyBanking

    by approximately 20.66 billion. The decline in July was driven by a fall in ELA funding which went down by 2.48... Eurobank. The so-called Pixel portfolio has attracted strong interest from overseas investors

    8%

  10. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a 10.3 percent drop in Q1. The MoF expects strong investment growth in 2018 that will reach 13.1... after a drop of 3.1 percent in the previous quarter that had marked the first fall in imports after six

    8%