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Trade deficit shrinks by sizable 23.7 pct in March
EconomyMacroeconomylanded at 3.63 and 2.1 billion respectively in March resulting in a trade deficit of 1.54 billion
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomy(25-29 years old), where the unemployment rate landed to 35.9 percent, down almost 4 pp from last
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomylanded at 195 million in May from 339 million in April. As a result, the PIB balance recorded
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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammeIn its compliance report for the first programme review, the European Commission (EC) included an updated debt sustainability analysis (DSA). This takes into account the milder recession and higher fiscal outcome in 2015 and lower bank capital needs. As a result, Greece’s debt to GDP ratio landed
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Trade deficit climbs for second straight month in May, rising by 12.5 pct
EconomyMacroeconomythe imposition of capital controls. In absolute terms, imports and exports landed at 3.53 and 2.02
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Car sales fall 2.5 pct in June after impressive growth in preceding two months
EconomyMacroeconomyThe number of road motor vehicles (going into circulation for the first time) fell by 2.5 percent in June after an impressive growth of 33 and 24.5 percent respectively in the preceding two months, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The absolute figure landed at 12,434
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Greek stocks fall 1.4 pct during week as trading volumes plummet
Economy’s levels. The general index of the Athens Stock Exchange landed at 537.10 on Friday, with this week
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Eurosystem funding falls 8.6 bln in June in aftermath of waiver reinstatement
EconomyMacroeconomy) programme and - to a lesser extent - ongoing loan deleveraging. ELA funding landed at 54.37 billion
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Current account deficit widens to 412 mln in May
EconomyMacroeconomylanded at 3.4 and 2.02 billion euros respectively. BoG noted that the improvement in the goods
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Disposable income drops 1.8 pct in Q1 on rise in taxes and social contributions
EconomyMacroeconomy, disposable income landed at 26.38 billion euros in Q1 down by 475 million from last year. The drop
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