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  1. Budget primary surplus confirmed at 6.95 bln in Nov
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    monthly primary balance’s surplus showed an increase of 27.9 percent. The MoF estimates in its latest

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  2. Retail turnover increases by 6.6 pct in Oct, volume up by 7.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index increased by 6.6 percent in October following a slightly downward revised increase of 4.4 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The figure is the fifth positive reading for the year so far. It is also the highest reading

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  3. PMI at 53.9 points in Dec, marking solid end to 2019
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s manufacturing PMI edged down to 53.9 points in December from 54.1 points in November, according to the latest data from Markit PMI. Markit noted that this positive performance has maintained the current sequence of expansion for over two and a half years. Production remained strong during

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  4. Trade deficit rises by 7 pct in November
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose by 7 percent year-on-year (YoY) in November compared to a fall of 5.4 percent in October, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed. The deficit came to 1.61 billion euros for the month. Imports came to 4.32 billion euros, showing

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  5. Employment balance negative by 3,666 in December
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The employment balance remained negative in December with 3,666 more firings than hirings, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 9,636 fewer people hired than fired. December marks the third continuous month of a negative

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  6. November travel receipts drop by 42.9 pct on lower French receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance fell to a surplus of 87.4 million euros in November according to Bank of Greece (BoG) data released on Tuesday, a decline of 42.9 percent compared to the same time last year. Receipts came to 313.8 million euros, edging down by 0.8 percent year-on-year (YoY). Travel payments

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  7. Lenders set out key review issues as Athens tables proposals for fiscal space
    Finance Ministry

    EconomyProgramme

    Greece’s fifth enhanced surveillance review formally kicked off on Wednesday when the mission chiefs started their meetings with the Greek authorities, following a week of preparatory work by the technical teams. Finance Minister Christos Staikouras held meetings on Wednesday with the heads

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  8. Economic sentiment at 108.4 in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 1 point in January to reach 108.4 points, European Commission (EC) figures showed on Thursday. January's reading is 12.2 points below the series high of 120.6 noted in July 2000. Compared to January 2019, the ESI has increased by 8.8 points, and also beats

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  9. Report emphasises high level of dissatisfaction with democracy in Greece
    Photo by MacroPolis

    Society

    dissatisfaction compared with eastern Europe. The report’s authors noted that economic changes

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  10. Trade deficit falls by 7.2 pct in December and rises by 5.2 pct in 2019

    EconomyMacroeconomy

    Greece’s trade deficit dropped by 7.2 percent year-on-year (YoY) in December compared to a rise of 7 percent in November, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed. The deficit came to 1.55 billion euros for the month. Imports came to 4.42 billion euros

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