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  1. New overdue taxes increase by 811 mln in July, total stock at 90.4 bln

    EconomyMacroeconomy

    Greece’s new unpaid taxes rose by 811 million euros in July 2016, which is a decelerating pace compared to the increase by 1.22 billion euros recorded in the previous month, General Secretariat of Public Revenues (GSPR) data showed on Monday. The July headline figure is the first reading below

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  2. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus grew by almost 1.7 billion euros to 4.02 billion in the 7-month period of 2016 from 2.33 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday. The remarkable rise is mainly attributed to a substantial improvement

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  3. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate edged down to 23.4 percent in June following an upwards revised rate of 23.6 percent in May, Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday. The headline figure is the lowest jobless reading since March 2012

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  4. Car sales rise at a slower pace of 14.1 pct in Aug

    EconomyMacroeconomy

    growth rates of 30.1 percent in 2014 and 13.5 percent in 2015, last year’s figure of 116,168 still

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  5. Industrial production up for fourth straight month in July with 4.1 pct rise

    EconomyMacroeconomy

    , extending the year-to-date improvement to 8.5 points. In addition, Markit’s Manufacturing PMI increased

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  6. Greek stocks drop 2.6 pct over week, banks drop 7.4 pct after big gains last week
    Photo via www.helex.com

    Economy

    and fiscal outlook. Following this week’s performance, he general index of the Athens Stock

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  7. Eurosystem funding falls by another 4.4 bln in August
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    with the ECB edged down by 1.61 billion to 35.08 billion. The BoG’s financial statement also updated

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  8. Budget primary surplus of 3.8 bln to Aug beats target by wide margin

    EconomyMacroeconomy

    Greece’s budget primary surplus edged down 1.1 percent to 3.76 billion euros in the 8-month period of 2016 from 3.8 billion in the corresponding period last year, the Finance Ministry (MoF) preliminary budget execution bulletin displayed on Tuesday. The headline figure continues to outperform

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  9. Greek SMEs continue to have bleak view of their future

    Society

    The vast majority of small and medium-sized businesses are in a more difficult financial position than ever before and there is a risk that the overall job losses in the sector could hit 55,000 in 2016, a study by the country’s small and medium-business association has claimed. In its latest six

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  10. Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus slipped 1.2 percent to 3.75 billion euros in the 8-month period of 2016 from 3.8 billion a year ago, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday. Preliminary figures were published on September 20. As we have previously noted

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