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  1. Producer prices down by 2.3 YoY in Oct on back of fuel drop, rise in other categories
    Image: https://flic.kr/p/ebWd8J

    EconomyMacroeconomy

    products down by 18.9 percent YoY, food products were up by 0.8 percent, and metal products rose by 2.9... fell by 22 percent YoY, while plastics were down by 2.5 percent and metal products down by 1.5 percent

    3%

  2. IMF expects modest recovery, lingering debt but primary surplus to return swiftly
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to 3.6 pct in the last quarter of next year. This year’s estimate is marginally lower than the one... estimate for a 8.2 pct GDP contraction last year. Greece is seen coming off deflation this year..., after -7.4 pct last year and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate

    3%

  3. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released a first estimate of the overall GDP figure for 2018, showing that it grew by 1.9 percent...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods

    3%

  4. IMF revises growth forecasts downwards, emphasising gap with other lenders
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    slightly to 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018. Also, the estimate for 2017 was for 1.8 percent growth, now revised down to 1.4 percent, in line with ELSTAT’s

    3%

  5. The Greek Ombudsman and public administration during challenging times
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    The creation of the Ombudsman in 1997 as an independent authority may be seen as a symbol of institutional modernisation. It was intended to strengthen the Rule of Law, to consolidate good governance and ensure the respect of human rights; it constitute...

    3%

  6. 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) of 2014 to 30.8 billion, according to the Hellenic Statistical Authority (ELSTAT). Q2 rate of drop showed a decelerating trend for the second successive ...

    3%

  7. Public admin shrinks by 11 pct during crisis, share of employment stays below EU average
    Photo by MacroPolis

    Society

    Greece cut its public administration workforces from 2008 to 2013 by 11 percent according to research and figures published last month by Eurofound, the EU’s research agency for social and labour-related issues. While Greece witnessed the same rate of r...

    3%

  8. Income inequality in Greece has grown during crisis, OECD report shows
    Photo by MacroPolis

    Society

    Income inequality between the richest and poorest in Greece society has increased over the past few years, with the top tenth of society earning 12.3 times more than the poorest in 2012, up from 10.5 in 2007, a report from the Organisation for Economic ...

    3%

  9. Greek stocks rise by 16 pct during week on hopes of deal in Brussels

    Economy

    The Greek stock market ended the week with gains of 16 percent following a relief rally in the first two sessions amid increased optimism for an agreement between Greece and its lenders. Since then the market slightly corrected on Wednesday and rebounde...

    3%

  10. Greek stocks gain 3.5 pct during week as investors wait for election fog to clear

    Economy

    Greek shares traded mostly on positive ground this week, with the Athens Stock Exchange general index recording gains of 3.5 percent. Although turnover rebounded, it still remained subdued and way below the levels seen before the imposition of capital c...

    3%