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  1. IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct

    Economy

    of 0.1 percent of GDP in 2016, lower than the third eurozone bailout programme target of 0.5... of 0.7 percent of GDP, still remaining more than 1 percentage point lower than the programme target... decreasing to 174.8 percent in 2017. The latter stands 10 percentage points lower than that of the IMF

    2%

  2. Greek households continue to slash spending on goods and services

    Society

    in 2015 than in 2014. On the flip side, they ate more pasta (+ 4.9 percent) and yoghurt (+ 3.8 percent... (2,979.72 euros, or 209.9 percent of the average) than households led by an unemployed or economically..., the consumption expenditure of the 5th quintile (1,787.19 euros) is 5.6 times higher than

    2%

  3. Net job hirings of 7,788 in September; highest 9-month figure since 2001

    EconomyMacroeconomy

    for September since 2001. The breakdown showed hirings reached 230,580 in September, more than offsetting the departures of 222,792, of which more than half (113,663) related to lay-offs. Full-time... accounted for more than 6 out of 10 hirings in September. The share of males among the total hirings

    2%

  4. Newsletter 94 - 04/11/2016

    Newsletters

    a year ago, reflecting higher revenues by 5.39 billion, more than offsetting an increase... revenues beat the target by more than 1.6 billion. Retail turnover drops The turnover of Greece’s retail... billion euros (more than the other four combined), and the fact it is the only one still left

    2%

  5. Record job departures in Oct but highest 10-month net hirings since 2001
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    work, respectively, meaning that flexible type of work made up more than 6 out of 10 hirings..., considerably higher than last year’s figure of 116,548. We also highlight that this year’s aggregate figure... reached 1.83 million in the January to October period and more than offset departures of 1.57 million

    2%

  6. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63... front, primary expenditure is projected to drop by more than 1.4 billion euros to around 44 billion... million in 2017, down by more than 100 million from 2016 figure of 586 million. Revenue

    2%

  7. Newsletter 99 - 09/12/2016

    Newsletters

    in Greece stood at 103,569 dollars, 17.4 percent lower than the European average of 125,460 dollars... the respective average European figure has decreased by less than 10 percent. According to preliminary figures... in October, after soaring by more than 343,000 in September, with the outstanding figure currently standing

    2%

  8. Jan-Nov budget primary surplus surges to 7.4 bln on solid revenue performance
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    execution bulletin showed on Thursday. The headline figure is 33 million lower than the preliminary... than target. Revenues Revenues (before tax refunds) increased for the fourth month in a row by 4... above the target. This mostly reflected higher than expected tax revenues. Specifically, tax

    2%

  9. Another spin of the wheel for Greece
    Ferris Wheel at Syntagma Square

    Agora

    There couldn’t have been a more fitting end to the year in Greece than the Ferris Wheel fiasco... of more than 3 billion euros. Meanwhile, lenders’ non-performing exposure continued to rise... percentage said it did “with some difficulty”. This is more than double the EU average. Greece

    2%

  10. Greece’s M&A market stagnates during recession

    EconomyFeatures

    percent have more than five deals in the pipeline. The sectors with the strongest appetite... activity in the Greek market had been low in 2015, but still better than expected. In all of 2015... percentage points and an economic sentiment deficit 24 percentage points lower than the European average

    2%