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Contraction in Greek credit eases slightly to 3 percent in November
EconomyMacroeconomyThe rate of drop in Greek bank credit decelerated for the second straight month in November, falling to 3 percent from 3.2 percent in October, according to the Bank of Greece (BoG). Last month’s figures were the lowest negative reading since November 2011. Balances eased for the fifth consecutive
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General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus tripled to 3 billion in the first two months of 2016 from 1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Friday. The remarkable fiscal performance mostly reflects a considerable improvement
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Greek stocks climb 3 pct on week, banks post double-digit gains
EconomyThe Greek stock market traded in positive territory climbing by 3 percent this week following modest gains of 0.7 percent in the previous week. The improving performance was accompanied by a notable recovery in the trading activity. The market rebound was more profound on Wednesday, when bank
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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingFollowing the notable rise of 11.3 percent in the second half of 2015, the total number of payment cards in the Greek market rose by 3 percent in the first half of 2016 compared to the previous 6-month period and stood at 14.6 million at the end of June, the Bank of Greece said in its second semi
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April retail sales up by 4.6 pct, volume rises 3 pct
EconomyMacroeconomyon the marginal growth seen in March. The corresponding volume rose by 3 percent in April after a revised fall
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Building activity drops by 3 pct in September, permits increase above 1,000
EconomyMacroeconomyBuilding permits declined by 3 percent in September, easing from the drop of 5.2 percent noted in August, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The headline rate is the third consecutive negative reading for this year. The absolute figure of permits issued
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Retail turnover drops by 2.7 pct in July, volume falls by 3 pct
EconomyMacroeconomy2016 when the reading came to -5.2 percent. The corresponding volume index dropped by 3 percent after
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Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 3 percent in September compared to a drop of by 23.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In September 2019, the year-on-year change showed a rise of 22.9 percent. The current month’s
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Wages index up by 3 pct YoY in Q3 2020, declines by 1.5 pct QoQ
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index turned positive by 3 percent year-on-year (YoY) in the third quarter (Q3) of 2020, following a revised rise of 3.9 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday. The wages index captures employees’ gross earnings
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Retail turnover drops by 3 pct and volume by 0.9 pct in March
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in March following a revised drop of 4 percent in February, Hellenic Statistical Authority data showed on Monday. The index has now dropped in 12 of the last 13 readings, showing the impact of Greece’s lockdowns. The corresponding volume index fell
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