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  1. Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
    Photo by MacroPolis

    EconomyMacroeconomy

    percent and food sales rose by 5.5 percent. Supermarket sales rose by 5.4 percent and food and beverages were up by 5.5 percent. Clothing and footwear also recorded a drop of 2.8 percent

    6%

  2. National Bank starts 2014 posting net profit of 181 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    National Bank was the second Greek bank after Eurobank, which published Q1 results on May 28. Net profit landed at 181 million from 27 million last year mainly reflecting soaring pre-provision income... formation eased at a slower pace compared to the previous two quarters and landed at 380 million

    5%

  3. Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    ) of 60.74 billion, the outstanding cumulative tax debt landed at 67.98 billion in July from 67.25... percent in June. The year to date figure landed at 25.7 percent, way below the full year target of 65

    5%

  4. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . The number of unemployed slipped by 12,200 MoM and landed at 1.28 million in July. Since 2009, the jobless... and 45-54) posted a much lower drop YoY and landed at 35.4, 22.3 and 20.4 percent respectively

    5%

  5. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    ’ deficit landed at 1.3 billion with exports at 1.68 billion and imports at 2.98 billion. BoG said... figures showed imports landed at 18.29 billion, exports at 10.17 billion resulting in a negative

    5%

  6. Greek stocks almost unchanged at end of roller coaster week

    Economy

    rates and lowered banks’ reserve amounts. The Athens Stock Exchange general index landed at 633.81.... The average daily turnover landed at 30 million this week, which is the lowest this month

    5%

  7. Drop in trade deficit accelerates to 14.3 pct in Dec on faster fall in imports
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    the decline has been easing over the past three months. In absolute terms, exports landed at 2.15... by 9.5 percent and a slower fall in exports by 5.1 percent. In absolute terms, trade deficit landed

    5%

  8. Current account deficit more than halves to 708 mln in March

    EconomyMacroeconomy

    (-10.2 percent). The absolute figures showed that exports and imports landed at 2.04 and 3.57 billion.... As a result, goods’ deficit landed at 4.12 billion from almost 5 billion last year. Excluding oil

    5%

  9. Office prices ease 0.2 pct in 2015, retail prices drop by 3.5 pct

    EconomyMacroeconomy

    the high of 114 posted in H2 2008, the office price index for Athens, which landed at 73 in H2 2015... index landed at a new low of 69.8 in H2 2015 entailing a nosedive of 38 percent since its peak in H2

    5%

  10. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    . The absolute figure of Eurosystem funding landed at 95.71 billion euross, which remains the lowest... recapitalisation. ECB funding decreased for the fifth straight month and landed at 30.9 billion euros

    5%