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  1. Car sales resume double-digit growth rate in Oct with 15.2 pct rise
    Photo by MacroPolis

    EconomyMacroeconomy

    since last June. The highest figure in the course of 2015 was recorded in May at 13,000 and the lowest... period. Since then, a modest rise by 1.3 percent was recorded in 2013 and a strong rebound by more than... controls and the second in October to rumors for higher road tax on new passenger cars. The strong

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  2. Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    . The highest figure in 2015 was posted in May at 13,000. The lowest in August at 7,039. For the whole year... growth in 2015 follows a strong rise by 30.1 percent in 2014 and a modest increase of 1.3 percent in 2013... sources indicated that the strong rebound in 2014 largely reflected renewal of rent-a-car fleets

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  3. Newsletter 60 - 29/01/2016

    Newsletters

    optimistic for 2016, expecting a strong economic growth rate, which is in contrast... last May. Although tax revenues outperformed their target by 769 million in 2015, new unpaid taxes... since May 2015 but far from the peak of 104.6 of June 2014. Nevertheless, economic sentiment has

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  4. Newsletter 61 - 05/02/2016

    Newsletters

    this lower tax rate will tone down the strong objections of the self-employed to the higher... of non-permanent advisers with strong links to the leftist party. This suggests that Tsipras will be less wavering in his search for a deal with creditors than last year and may be willing to compromise

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  5. Retail sales slip 0.1 pct in Dec, drop of 2.8 pct in 2015

    EconomyMacroeconomy

    (of +2.4 percent in May) in the course of 2015. Retail volume rebounded 0.4 percent in December... in 2015. The December rate represnts the first positive reading since May and overall the fourth... in supermarkets (-5.2 percent) and electrical and household equipment (-4.8 percent). On the flipside, strong

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  6. Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
    Photo by MacroPolis

    EconomyFeatures

    of Kotsovolos, mentioned strong year on year sales in Greece as a contributing factor to their 21 percent rise in profits for their fiscal year to the start of May 2015. However, such booms are not enough... indicator eased 0.2 points to 3 in March 2016, after recording strong gains of 34.2 points over

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  7. Newsletter 93 - 21/10/2016

    Newsletters

    for the government. Despite the May 25 Eurogroup setting out very clearly what Greece can expect in terms of debt..., may be sacrificed in a sudden reshuffle in an attempt by the prime minister to save his government... for a mild GDP contraction of 0.3 percent for 2016 and a strong rebound of 2.5 and 3 percent for 2017

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  8. Newsletter 102 - 13/01/2017

    Newsletters

    (the two areas identified by the IMF) may come into the equation. Government spokesman Dimitris... that the eurozone may provide enough detail on the medium-term debt relief measures to convince... travel to Greece remains very strong for 2017, according to a report by the Institute of the Greek

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  9. Stocks up by 4.7 pct, rising for third straight week
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    lenders and the conclusion of the programme review. Trading activity remained strong for the second... stocks have posted strong gains of 17.5 percent and have soared 22.6 percent since the beginning... date is on May 17. Mytilineos and METKA said they will hold their AGMs on June 1 to approve

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  10. Portugal, market access and programme exit
    Photo by MacroPolis

    Agora

    of 2012 onwards. That, along with strong programme implementation and some better economic results, helped creating confidence in investors. Portugal first issued long-term debt in May 2013 - a few months after OMT was formalised - and then in February 2014, just before ending the programme in May

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