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  1. Car sales fall 2.5 pct in June after impressive growth in preceding two months
    Photo by MacroPolis

    EconomyMacroeconomy

    of 17,290 recorded in May. As we have previously noted, the strong growth rates in April and May... in 2014, strongly rebounding from the sharp drop of around 30 percent per annum in the preceding four.... The strong growth in sales over the last two years is attributed to the renewal of rental fleets

    6%

  2. Newsletter 90 - 30/09/2016

    Newsletters

    by 2.77 billion on strong underspend and revenue overperformance. In specific, tax revenues rose by 7.1... of 2011, resulting in a 23 percent drop in loan balance over this period. Greece’s ranking in the Global... it is more important to have a strong economic relationship with Russia than to be tough with it in foreign

    6%

  3. Stocks rebound 1.5 pct during week, banks climb 4.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of increased 582.59 on Friday, but has lost 1.4 percent since the beginning of the month. The strong... Minister after meeting with the bank’s CEO, there is a strong pressure for CEO resignation, while... an Extraordinary General Meeting (EGM) of NBG. Hellenic Telecom (OTE) posted a drop of 28.6 percent in third

    6%

  4. Car sales soar 22.8 pct in first month of 2017

    EconomyMacroeconomy

    after a double-digit drop of 19.8 percent in December, Hellenic Statistical Authority (ELSTAT) data... four years with a cumulative strong rebound of 66 percent since the low of 77,675 recorded in 2007...-a-car fleets, due to the strong tourism, as well as with gradual replacement of old and high fuel

    6%

  5. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    respectively. Unemployment is set to drop steadily in the next two years on the back of labour market... revenues primarily stem from strong growth in indirect taxes and corporate income tax as well... that the strong revenue performance in 2016 “implies considerable upside risks to the forecast which augurs well

    6%

  6. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    attributed to a rise in goods by 6.6 percent mitigated by a drop in services by 15.6 percent... and the IMF point to a strong recovery of 2.7 percent for 2017. The Finance Ministry also expects... be pointed though most organisations stress that the anticipated strong rebound in 2017 is subject

    6%

  7. Car sales hit the accelerator in Feb, increasing by 43.1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reflects a low base effect, since car sales recorded a sharp drop of 17 percent in February 2016... of car sales, while more than 57 percent are registered in the Attica prefecture. Following the strong... recorded in each of the last four years with a cumulative strong rebound of 66 percent from the low

    6%

  8. Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    the April transaction indicated strong demand from real-money investors, with foreign investors..., while the 10-year yield recorded a smaller drop of more than 100 bps well below the 6-percent mark... percent in the last twelve sessions, while bank stocks soared 36.2 percent. The strong rebound

    6%

  9. Car sales rebound by 28.2 pct in June
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    in June, falling from the figure in May. Passenger cars rose by 30.9 per cent in June following a drop.... However, in spite of the strong cumulative rebound by 66 percent from the low of 77,675 in 2012... of the strong tourism volume figures also supported by gradual replacement of old cars with new and cheaper

    6%

  10. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to a strong underspend. The primary expenditure came in 1.16 billion euros lower than the target, coupled... successive month by 7 percent in June, after a double-digit drop of 11.8 percent in May and landed at 3.24... a strong underspend of 1.16 billion. The latter largely reflects lower social protection, which stood

    6%