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  1. Credit contraction remains at 0.1 pct in May, balance at 161.16 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The overall balance for the month came to 18.24 billion. The Greek market has been experiencing

    2%

  2. Industrial production falls by 1.2 pct in May
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , industry confidence has improved by 1 point. Additionally, Markit’s manufacturing PMI came to 52.4

    2%

  3. June employment balance positive by 31,407
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance was positive in June with 31,407 more hirings than departures, data from the Labour Ministry’s Ergani information system showed. Ergani noted that the balance for this June is the fifth consecutive positive balance in the year so far. According to Ergani's data, June has

    2%

  4. PPC, Hellenikon present government with first test of problem solving mettle
    Photo by MacroPolis

    Economy

    . Hellenikon, bond sale The government has also staked a lot of credibility on getting the 8 billion-euro

    2%

  5. Talks to begin on plan to rescue PPC from dire financial straits

    Economy

    in the immediate future. While the new government has said that additional costs will not be transferred

    2%

  6. Primary cash balance at deficit of 24 mln in Jun
    Photo by MacroPolis

    EconomyMacroeconomy

    that during the first six months of the year, the PIB balance has worsened by 775 million euros

    2%

  7. New government holds first talks with creditors, may opt for cautious fiscal approach
    Photo by MacroPolis

    EconomyProgramme

    will be submitted to Parliament in the coming days and the other from September onwards, once the 2020 budget has

    2%

  8. Industrial turnover drops by 2.3 pct in May
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    confidence deteriorated by 0.4 points month-on-month to stand at -0.6. Year-on-year, industry confidence has

    2%

  9. Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance rose to 1.36 billion euros in May from 200.3 million euros in April, Bank of Greece (BoG) data has shown. This reflects an annual rise of 7.8 percent. Receipts came to 1.61 billion euros, increasing by 9.3 percent year-on-year (YoY). Travel payments also increased by 18.4

    2%

  10. Hatzidakis announces strategy for partial privatisation of PPC

    EconomyFeatures

    The government has announced its plans for rescuing the state electricity firm, the Public Power Corporation (PPC) and save it from collapse. Energy Minister Kostis Hatzidakis unveiled the government’s plans in Parliament on Monday in the context of the general outlining by New Democracy of its

    2%