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  1. Greek PMI edges up in March but exports, factory output fall

    EconomyMacroeconomy

    work. However, data displayed further marginal gains in employment, while price indicators ticked up... and at the slowest rate over this 3-month period. Data showed that only consumer goods recorded growth, which...-production inventories fell at a solid pace, yet slower from that recorded a month ago. Data showed

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  2. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    a skewed pension system which was heavily reliant on state grants. According to Eurostat data (courtesy... cost since 2005. The data indicated that in the 4-year period until 2009, although the number... and took a major hit when the debt swap took place. According to data from the Finance Ministry, pension

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  3. Greece’s price index falls to second lowest point in 12 years
    Photo by MacroPolis

    Society

    cheaper than the EU average, according to data on price levels on consumer goods and services released..., could return to their previous levels of 96 percent in 2008 and 98 percent in 2011. The data shows... figure is the second lowest since Eurostat began collecting the data in 2003, when the country’s

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  4. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    to the provisional data published by the Hellenic Statistical Authority (ELSTAT) on Friday. The QoQ rise... as quarterly data related to the turnover indices for the service industries and labour force survey. The provisional data also showed the year on year (YoY) GDP growth rate accelerated to 1.6 percent in Q2

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  5. Hotel guest numbers up 8.7 percent in 2014

    Economy

    to official annual tourism data (pdf). Figures from the Hellenic Statistical Authority (ELSTAT) showed... percent) and Japan (up 41.9 percent). The data also shows that, apart from two, all of Greece’s 13..., ELSTAT data on total arrivals for 2014 also includes expatriate Greeks or people of Greek descend

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  6. Crumbling Greek pension system threatens big fiscal gap, budget derailment
    Photo by MacroPolis

    Economy

    . Insurance Organisation for the Self-employed (OAEE) IDIKA data shows that OAEE grants 367,603... (supplementary) pension stands at 181 euros. POPOKP data points to 129,885 pending pensions, which would result... and supplementary pensions are paid to 2.66 million pensioners. POPOKP data for the three main pension

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  7. Credit standards for corporate loans tightened again in Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    quarter, Bank of Greece (BoG) bank lending survey (BLS) data showed for the third quarter (Q3... publishing the Greek quarterly BLS for the first time this year and largely involves data related... of bank lending, which coupled with quantitative data aim to provide information on the factors

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  8. Greece fell two places to 60th in Doing Business ranking, World Bank says

    Economy

    . A DTF score of 0 represents the worst performance and 100 the frontier. Last year’s data and ranking..., but dropped by up to eight spots in seven others. Note, though, that the data covesr the period until.... For Resolving Insolvency (54th), although data indicates that Greece’s insolvency law complies

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  9. Greek households most overburdened with housing costs in EU

    Society

    overburden rate in the EU, according to new EU-wide data. Eurostat figures on housing conditions... the lowest housing cost overburden rates. The data also found that most Greeks (56.9 percent) live...) – as well as in Austria (8.3/10) and the Netherlands (8.1/10). The data also showed that in Greece

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  10. Unemployment nudges down to 24.6 pct in Sept
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    seasonally adjusted data released by the Hellenic Statistics Authority (ELSTAT) on Thursday... of unemployed dropped by a further 68,806 to 1.18 million. The seasonally unadjusted data, which... of this reversal in unadjusted data in September, Greece’s labour market has substantially benefited

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