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  1. Greek PMI falls to 49.4 in June, lowest since November 2013

    EconomyMacroeconomy

    amid a slight fall in new orders, while employment saw a renewed decline. In addition cost inflation

    4%
  2. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    increased by 3 bps to 5.62 percent. As a result, the average spread on outstanding volumes saw

    4%
  3. Recovery of farming subsidies threatens to widen Greek fiscal gap

    Economy

    to pay members of the armed forces and emergency services, who saw their wages slashed by 10 percent

    4%
  4. BoG charts how crisis has affected private sector employment

    Economy

    shift work. In addition, 94,000 employees saw a wage reduction in their labour contracts in 2012

    4%
  5. Greece is least socially just country in EU, report indicates
    Photo by Harry van Versendaal

    Society

    payment by submitting receipts to the patients’ social insurance funds. However, these funds saw

    4%
  6. August trade deficit shrinks by 29.5 pct as imports fall faster than exports

    EconomyMacroeconomy

    since April. August saw the third negative reading in the 8-month period. August exports fell to 3.29

    4%
  7. From London to Paris, no happy returns for Greece
    Photo by MacroPolis

    Agora

    Last week saw Greek politicians clock up air miles to European destinations. Government representatives flew to Paris in order to meet a troika delegation that has repeatedly delayed its return to Athens. Equally, members of Greece’s largest opposition party SYRIZA took to the runway and boarded

    4%
  8. Greek unemployment falls for seventh straight month, down to 25.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    at 21 percent. In its autumn forecasts the European Commission saw the Greek jobless rate reaching 26.8

    4%
  9. Six in 10 Greeks earn less than average salary of €1,022 in private sector

    Society

    demographic. Only two age groups saw their share of the workforce increase on last year: the 19–24

    4%
  10. The one question SYRIZA needs to answer
    Photo by MacroPolis

    Agora

    a small cash cushion, March saw a sizeable primary deficit of just under 1 billion euros

    4%