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  1. Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012

    EconomyMacroeconomy

    The seasonally adjusted (SA) unemployment rate fell to 25.7 percent in January from a downward revised 25.9 percent in December, according to the Hellenic Statistical Agency (ELSTAT). December’s... percentage point to 26.8 percent in December. The monthly change in January’s SA jobless rate mainly

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  2. Rare rebound for industrial production with 1.9 pct rise in Feb

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rebounded 1.9 percent in February after a downward revised marginal drop of 0.2 percent in January, according to the Hellenic Statistical Authority (ELSTAT... figure over the past fourteen months. Similarly to January’s performance, the movement of the four

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  3. ELSTAT sees 2014 primary surplus at 0.4 pct of GDP, debt at 177.1 pct

    EconomyMacroeconomy

    the definition of primary balance set by Greece’s Economic Adjustment Program (EAP). The key... ELSTAT’s figures were fully aligned with those reported by the Eurostat.

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  4. Lower spending, extra revenues result in budget execution beating targets in March

    EconomyMacroeconomy

    Greece’s budget execution showed the 3-month primary surplus rose to 1.74 billion euros, up 12.6 percent, while the 2-month underperformance of 173 million turned to an over-performance of 1.62... in the 3-month period, 11.6 percent above last year’s figure, but it outperformed the target by 1.61

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  5. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    in this month’s T-Bill roll-overs. Chinese investors reportedly also participated in two of the three T... with the state and T-Bill purchases. According to the Public Debt Management Agency, Greece’s debt obligations

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  6. Greek current account deficit widens by 27.4 pct in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    . As a result, the good’s deficit declined by 23.7 percent to 1.15 billion. According to the BoG... of foreign bonds and T-Bills. Furthermore, resident’s net external liabilities dropped by 2.2 billion

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  7. Central gov't cash surplus reaches 1.19 bln in Q1, up 54.3 pct YoY

    EconomyMacroeconomy

    Greece’s central government primary cash surplus widened by 54.3 percent yer on year (YoY) to 1.19 billion euros in the first quarter (Q1) of 2015 from 771 million last year, according to the Bank of Greece (BoG). The quarterly evolution mainly reflects the performance in March, when this year’s

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  8. What higher ECB haircuts on collateral could mean for Greek banks' liquidity
    Photo by MacroPolis

    Economy

    Friday’s Eurogroup in Riga ended with eurozone finance ministers rejecting the possibility of an extraordinary meeting before the end of the month and any kind of funding disbursal without Greece having reached a full agreement with its lenders. However, it is the European Central Bank’s stance

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  9. Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure

    EconomyMacroeconomy

    Greece’s 3-month budget primary surplus was confirmed at 1.73 billion euros, up 12.4 percent, according to the Finance Ministry (MoF) final budget bulletin published on Friday. Preliminary figures... percent above last year’s figure, outperforming target by 1.61 billion. Revenues (before tax refunds

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  10. Greek children lead way in languages at primary school level
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    Society

    fatality rate for the 20–24 age group contributing to the country’s position. The statistics also show...) in the EU. Greece’s infant mortality rate is also among the lowest in Europe, standing at 2.9 in 2012, down

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