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  1. Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July

    EconomyMacroeconomy

    billion mainly reflecting strong underspend as primary expenditure came in 2 billion lower than target... in the 7-month period to 1.08 billion, 25 million above target. Despite a drop of 8.2 percent in July

    5%

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

    EconomyMacroeconomy

    an annual nosedive of almost 30 percent. So, despite a rebound by 1.2 percent in 2013 and strong... represents a sharp drop of two-thirds from the 2008 figure of 347,354. Market sources attribute the double

    5%

  3. Industrial turnover sees 21st straight month of decline with 5.9 pct fall in July

    EconomyMacroeconomy

    edged down by 1.8 percent. The breakdown of the main industrial groupings showed a sharp drop... and related products soared 54.7 percent, while strong double-digit increases were also posted by other

    5%

  4. Retail sales fall by 3.1 pct in Aug after fleeting rebound in July

    EconomyMacroeconomy

    . Retail volume also dropped by 2.6 percent in August, following a strong rebound of 9.5 percent in July..., September retail sales edged down 1.8 percent, mostly reflecting a double-digit drop in clothing

    5%

  5. Parties reach consensus on broadcasting watchdog after coalition backs off
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Court president Athanasios Koutroumanos, and to drop its goal of limiting the number of licences... relief, which he hopes will set up Greece for a year of strong growth in 2017. This now seems his only

    5%

  6. Newsletter 96 - 18/11/2016

    Newsletters

    in August, from an exceptionally strong increase of 35.4 percent in July, according to ELSTAT data... figures for the eight months up to August still point to a drop of 7.9 percent in building permits

    5%

  7. Industrial turnover rises at accelerating pace of 9.4 pct in Sept

    EconomyMacroeconomy

    . The strong rebound in September reflects a similar rise in manufacturing turnover by 9.3 percent... notable drop was posted in mining of coal and lignite (-57.6 percent) followed by repair

    5%

  8. Greek 2017 budget reveals size and source of extra tax burden
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    in 2014. However, the drop of 296 million euros in direct taxes in 2017 does not reflect lower revenue... the strong GDP rebound of 2.7 percent that has been forecasted for next year. According to the latest figures

    5%

  9. Bank of Greece sees potential for recovery, urges calm in negotiations
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for a strong economic recovery of 2.5 and 3 percent respectively, while also foresees GDP to grow.... The improvement reflects a drop in risk weighted assets (RWA) by 10.5 percent, mostly due to the sale

    5%

  10. Retail sales grow for second straight month in Oct with 1.3 pct rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    sales edged down 0.1 percent as a strong rise in clothing and footwear (+14.3 percent) and automotive fuel (+4.3 percent) was outweighed by a marked drop in books, stationery and other goods (-12

    5%