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  1. Primary cash surplus of 1.95 bln in 2016 including arrears’ repayment of 3.85 bln

    EconomyMacroeconomy

    Greece’s central government primary cash surplus fell to 1.95 billion in 2016 from 3.49 billion in the previous year, Bank of Greece (BoG) figures displayed on Tuesday. It should be pointed out, though, that 2016 figure includes arrears’ repayment of 3.85 billion from zero last year, of which 470

    3%
  2. Higher number of firms and employees, increased average wage in private sector in 2016
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    the previous year at 53.6 percent in 2016, while the respective rate for females stood at 46.4 percent

    3%
  3. Current account deficit of 1.2 bln in Nov turns 11-month balance negative
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 6.53 billion in November, from 6.74 billion in the previous month and grew by 1.29 billion from

    3%
  4. Stocks fall for second straight week amid soft volumes
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    and thus erased the gains recorded the previous week. Overall, the banking index is now down 4.2 percent

    3%
  5. S&P affirms Greece’s rating, outlook remains stable
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in 2016 compared to its previous forecast last July pointing to a contraction of 1 percent. For the next

    3%
  6. Travel receipts drop 13.8 pct in Nov, 11-month figure down 6.6 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece's travel receipts fell by 13.8 percent in November, after rebounding in the previous two months, Bank of Greece (BoG) figures displayed on Monday. Travel receipts landed at 219.4 million in November, while the corresponding payments increased by 9 percent to 167.6 million. This meant

    3%
  7. Tsipras dismisses snap polls and new measures as review deal hangs in balance
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a reference to its previous calls for debt relief) and that the European lenders should take

    3%
  8. PBO warns of recovery risks, fourth bailout and possible default

    EconomyMacroeconomy

    ” for the conclusion of the third review would be more limited compared to the previous two occasions

    3%
  9. Greece worst of 36 countries for patient rights in healthcare
    By Natasha Pantazopoulou/Fosphotos

    Society

    Euro Health Consumer Index the same as in the previous year. The index is led by the Netherlands

    3%
  10. Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell by 2.7 points in January after improving by 1 point in the previous month, the Markit survey displayed on Wednesday. The PMI landed at 46.6, which is the lowest reading since September 2015 and stands well below the long-run average of 49.4. The downturn is mostly

    3%