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  1. The conundrum of Greek olive oil exports
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    in production, particularly in European countries. Spain’s production is expected to fall by 8 percent... demand for olive oil because the local cost of production is relatively high at 1 euro per kilogram

    7%

  2. Newsletter 129 - 28/07/2017

    Newsletters

    contraction accelerated for the second straight month, reaching 1.3 percent in June from 1 percent in May, BoG... contributions increased by 4.2 percent, after falling by 4.3 percent in Q4 2016, to stand at around 8

    7%

  3. Overdue social security contributions increase 827 mln to 23.3 bln at end of Q2

    EconomyMacroeconomy

    percent of total) owe more than 1 million each for a total amount of 6.53 billion. Though they represent... from 64,433 in the previous quarter, or 8 percent of the total. We highlight that 18.96 billion

    7%

  4. Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    surplus for the seven-month period is an 8 percent increase in foreign arrivals. Expenditure per trip.... Furthermore, travel receipts are foreseen to increase by at least 1 billion and range between

    7%

  5. General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million), hospital arrears (+8 million) and SSFs (+6 million). Arrears in extrabudgetary funds fell... of 500 million euros was also noted in bank support as well as a marginal fall of 1 million euros

    7%

  6. Travel balance up by 18.5 pct in August as foreign arrivals increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the aggregate figure up by 8 percent to 13.4 million. According to SETE’s projections, foreign arrivals... are foreseen to increase by at least 1 billion and range between 14.2-14.5 billion this year

    7%

  7. General govt primary cash surplus at 6.39 bln in October, arrears continue to decline
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 412 million while subsidies rose by 208 million. A slight rise of 8 million was also noted...) and local governments (-11 million). Hospital arrears declined by a slight 1 million euros. Rises of 4

    7%

  8. Countdown begins for multi-bill, coalition eyes minimum wage increase
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    -bill on January 8. Minimum wage Despite the pressure on the government to tie up loose ends... of around 1 billion euros at the end of the year after revenues performed better than expected

    7%

  9. A year of risk and reward for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    of this helps address the key issues. For instance, the IMF sees the Greek economy growing by no more than 1... at a minimum of 7–8 years. Greece cannot hope to move forward after its programme exit if such vital

    7%

  10. Macedonia issue, planned rally stoke tension between parties
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the two is seen growing by 1 point since earlier in January. The centre-left grouping Movement for Change has 8 percent in third place, a spot that it is starting to occupy in most surveys, overtaking

    7%