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  1. Stocks drop 1.3 pct during week with light trading volumes

    Economy

    in 2017, fully reflecting the gains of 2.6 percent posted in the previous week. Bank shares fell by 3.9 percent on Friday, erasing the cumulative gains of 2.3 percent in the previous four sessions... to 36 million this week from 37 million in the previous week, remaining extremely soft for the fourth

    7%

  2. Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    refunds) fell by 2.6 percent in December, after rebounding in the previous four months and landed... to 584 million from less than 300 million in each of the previous eleven months, while the full year.... For the whole year, primary expenditure edged up 2.2 percent to 42.22 billion, trimming previous

    7%

  3. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros in December from a surplus of 915 million in the previous month. The state budget deficit..., after increasing in the previous four months and stood at 5.77 billion, which is the highest reading... less than 500 million in the previous two months, with the full year figure edging down 1.8 percent

    7%

  4. Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter... includes 127,086 debtors, up by 4,767 from the previous quarter. In addition, 24 percent of debtors... settled amount stood at 6.74 billion from 6.29 billion in the previous quarter. As we have

    7%

  5. Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) remained at 95.1 in January, unchanged from the previous month... to -67.8 in January after improving by 2.5 points in the previous month. The January figure.... It had posted cumulative gains of 23.1 points in the previous two months. Over the last 12 months

    7%

  6. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed... a remarkable decrease of 1.07 billion from the previous month, which represents the sharpest monthly... the previous month mostly reflecting a rise in repos by 1.35 billion and in loans from other non

    7%

  7. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    fell for the first time. Compared to the previous quarter, apartment prices edged up 0.6 percent in Q4... years old) decreased at a faster pace of 0.9 percent from the previous year, while older houses’ prices dropped by 0.4 percent. However, the comparison with the previous quarter revealed the prices

    7%

  8. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Greek banks stepped up the number of write-offs in 2016 compared to the previous years, the Bank... billion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous... in the previous year. At the end of 2016, cumulative provisions stood at 46.22 billion corresponding to almost

    7%

  9. Building activity down 1.4 pct in November
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    corresponds to a disproportionally high positive or negative change compared to the previous year’s... from the previous quarter for the second time in 2016. Since the peak posted in Q3 2008, apartment... gains of 23.1 points in the previous two months.

    7%

  10. Economic sentiment and consumer confidence deteriorate in Feb
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    in the previous month, the European Commission (EC) figures revealed on Monday. The ESI landed at 92.9... 0.1 points, after improving in the previous two months and stood at -5.1 in February. On the flipside... points posted in the previous two months and stood at 1.9 in February. Over the last 12 months

    7%