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  1. Growing hopes that Greek recession will be milder than expected

    Economy

    contract around 1.5 percent in Q3 and 3.5 percent in Q4. This results in a GDP fall of 0.7 percent..., though, that the bank expects a bigger decline in 2016, when it believes GDP will fall by 2 to 3... provided its latest economic forecasts. Its quarterly review report predicted that GDP would fall

    7%

  2. Newsletter 68 - 01/04/2016

    Newsletters

    government will have to agree to in order to conclude the current bailout review. Bank deposits fall... at an accelerating pace of 3.8 percent. Retail volume also declined by 2.2 percent. The fall... fall flat on their faces, SYRIZA leader Alexis Tsipras somehow thought it would be a good idea

    7%

  3. Newsletter 76 - 03/06/2016

    Newsletters

    revised 7.6 percent fall in February. The March figure means that the index has been falling for 10 months... that the “haves” pay their fair share and that the cost of adjustment does not fall mostly on the “have nots... the top income groups saw their income fall by much less (9.3 to 11.7 percent). What credibility can

    7%

  4. Newsletter 89 - 23/09/2016

    Newsletters

    percent to 12.11 million in the first seven months, while the fall in the average expenditure per trip.... The downswing in July reflects a fall in manufacturing turnover by 6.1 percent. The turnover..., dropping by 5.3 and 6.7 percent, respectively. The downswing in July reflects a fall in manufacturing

    7%

  5. Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    at an accelerating pace of 9.2 percent from a 3.5 percent fall in July, Bank of Greece (BoG) figures showed.... The 8-month travel surplus retreated 8.8 percent to 8.43 billion euros. The ongoing fall in travel revenues... of non-licensed accommodation. As a result, 2016 travel receipts will likely fall below last year’s

    7%

  6. Newsletter 99 - 09/12/2016

    Newsletters

    . The breakdown of the November CPI showed the most notable fall was posted in clothing and footwear (-4.1 percent) followed by household equipment (-2.9 percent). The 1 percent fall in the core index...-term debt relief proposals fall well short of what Tsipras was seeking to achieve

    7%

  7. Newsletter 124 - 23/06/2017

    Newsletters

    positive signs after deterioration in March The improvement in the headline figure is from a fall... of Greece (BoG) figures showed. The improvement in the headline figure comes from a fall... was reduced by 250.6 million to 2.99 billion euros, reflecting the fall in the good’s deficit along

    7%

  8. PMI at 50.5 in June, posting first growth in 10 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    orders continued to fall slightly in June. The growth in orders led to the first increase in output... and leading to a fall in the rate of unfinished work. Despite this, firms marginally reduced input... growth in June and will raise hopes of a further fall in the country’s substantial unemployment rate

    7%

  9. Current account deficit rises by 124.3 mln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The travel balance rose by 2.5 percent to 925.9 million euros, reflecting a fall in travel payments..., attributable largely to a fall of 2.4 billion in holdings of foreign bonds and T-Bills. At the same time... net fall in liabilities reflects a decline of 676 million in foreign holdings of Greek government

    7%

  10. Newsletter 131 -15/09/2017

    Newsletters

    by a fall in Emergency Liquidity Assistance (ELA) funding by 3.70 billion euros, the largest drop since... by a fall in ELA funding by 12.81 billion and in ECB funding by 8.51 billion. Since the conclusion... by a fall in the number of unemployed by 95,500 to 1 million, along with a rise in the number

    7%