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  1. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    contraction in Q4 mostly reflects a drop in general government consumption by 2.1 percent and in exports.... The provisional estimates also showed that GDP fell by 1.1 percent year on year (YoY) in Q4 after strong growth... (EC) forecast pointed to a rise in household consumption of 0.6 percent in 2016 and a drop in public

    8%

  2. Newsletter 379 - 05/05/2023

    Newsletters

    concerns about political risks, with a statement that “Greece will build on its recent strong track... as ECB president Christine Lagarde noted that there has been a significant drop in corporate demand.... Even if ND comes just short of this target it will be in a very strong position to negotiate

    8%

  3. Greeks' views on Muslims out of step with other Europeans, survey indicates
    Photo via Flickr https://flic.kr/p/xXnAaH

    Society

    expressing this view has declined from 88 percent to 61 percent in Germany, which was the biggest drop... important to national identify, putting them just behind Hungarians (52 percent). Overall, on an index

    8%

  4. Industrial production surges 7.5 pct in June, with highest growth rate since 2001

    EconomyMacroeconomy

    after a drop by 4.1 percent month on month posted in May. Following the strong rebound in June...’s performance also reflects a low base effect. The strong rebound largely reflects a strong increase of 16.3 percent in electricity production, followed by strong growth rates in manufacturing (+8.5

    8%

  5. Newsletter 141

    Newsletters

    the prospective alliance in a strong position after the next elections, especially if New Democracy, which... budget sees strong growth in 2018 Several key items revised against both the MTFS and draft budget... payments will drop from 6 billion this year to 5.2 billion next year, while public investment

    8%

  6. PMI eases to 54.2 in May as exports continue to rise
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    2000. Despite the drop in the latest month’s reading, Markit noted that the reading still signalled strong growth and improvements in the Greek manufacturing sector. Output slowed to a three-month low, but remained strong, with greater domestic and foreign demand driving production. Manufacturing firms

    8%

  7. Greece and the euro: The flight of Icarus

    Agora

    ($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes

    8%

  8. How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    Economy

    utilise 310 million euros (90 percent of HFSF cash reserves of 345 million) through an amendment

    8%

  9. Why Greece is asking for 1.2 bln back from the EFSF

    Agora

    I bonds), which for legal purposes was received by the HFSF as a fee. b) 310 million (90 percent

    8%

  10. Higher revenues set to ease coalition's liquidity concerns
    Photo by MacroPolis

    EconomyProgramme

    banks to the Hellenic Financial Stability Facility (HFSF) in 2012 and 310 million from its cash reserves

    8%