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  1. Industrial turnover falls by 9.4 pct in June

    EconomyMacroeconomy

    Greece’s industrial turnover continued its steady decline during 2016, falling by 9.4 percent year on year in June from a revised 13.6 percent drop in May, according to data released by ELSTAT on Friday. Turnover in industry has been in negative territory since November 2014. As a result, over

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  2. Greek stocks down 2.6 pct on week, banks underperform for fifth straight week
    Photo via www.helex.com

    Economy

    in July. The Labour Ministry’s information system (Ergani) data displayed net hirings reached 19,281

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  3. Lower bad loan provisions and increased write-offs for Greek banks in Q2
    Photo by MacroPolis

    Economy

    of the comprehensive assessment conducted by the European Central Bank’s Single Supervisory Mechanism

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  4. Over 26 pct of young Greeks out of education, training and work - second highest in EU
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    percent. Greece’s figure of 20–24 year olds exclusively in employment almost halved from 2006

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  5. Retail sales drop for thirteenth straight month by 5.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index continued heading south unabated, albeit at a slower pace of 5.2 percent in June from a revised drop of 7.9 percent in May, Hellenic Statistical Agency (ELSTAT) figures showed on Wednesday. In June 2015, retail sales had edged down by 1.7 percent, while

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  6. PMI picks up to 50.4 in August, new orders grow for first time in two years

    EconomyMacroeconomy

    Greece’s Manufacturing PMI resumed above the 50-point mark edging up to 50.4 in August after falling to 48.7 in July, Markit survey showed on Thursday. The overall upturn, albeit only slight, reflected an expansion in production and new orders as well as further job creation. In specific

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  7. New round of cuts in supplementary pensions

    Economy

    of the relevant dividend fund (MTPY). On a positive note, the Social Security Institute (IKA), Greece’s

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  8. Economic sentiment rises to 92.5 pts in Aug, consumer confidence edges down for second straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) increased for the second straight month in August, when it increased by 1.6 points, following a rise by 1.2 points in July, the European Commission (EC) figures showed on Thursday. In absolute terms, ESI improved to 92.5 in August, its highest level since April

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  9. Greece not seen meeting milestones soon, refugee rise may add to tension

    PoliticsForeign Policy

    one of the 15 milestones (the Public Power Corporation’s general assembly approving the sale of a 24

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  10. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    dropped by 2 percent in the first half (H1). Cost containment in the bank’s Greek operations was more

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