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  1. Newsletter 8 - 19/12/2014

    Newsletters

    Voting in the New Year Only some festive drama can prevent elections in 2015 The chances of Greece electing a president this month and avoiding early elections took a blow this week, with snap polls now looking even more likely. It was not so much the f...

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  2. Greek household income falls almost 30 pct in 8 years, finds OECD
    Photo by MacroPolis

    Society

    Household disposable income fell by 27.5 percent per capita in Greece from 2007 to the first quarter of 2015, bucking the trend in the world’s leading industrialised nations, where the figure went up by 8.13 percent. According to data published earlier ...

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  3. PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell by 1.3 points to 48.4 in May after rising in the preceding two months, the Markit survey showed on Wednesday. The headline figure for May remains below the 50-point mark that separates contraction from growth and points t...

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  4. Episode 8 - Athens: An ancient city grappling with modern problems

    Agora

    In this episode, we take to the streets of our home city, Athens, to get an idea of what interventions would improve life in the Greek capital. Our producer Phoebe Fronista speaks to MacroPolis features writer Georgia Nakou about the Great Walk, a pilot...

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  5. Car sales drop by 23.6 pct in August and 29.4 pct in first 8 months
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time fell by 23.6 percent in August, compared to a drop of 14 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In August 2019, the year-on-year change showed a ri...

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  6. Labour database shows 8 in 10 workers earn less than 1,200 per month
    Photo by MacroPolis

    Economy

    The annual edition of data from Ergani, the Labour Ministry’s database, gives a good snapshot of Greek entrepreneurship and economic activity as well as details about the earning capacity of workers. According to Ergani Greek companies are dominated by ...

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  7. Exports produce strong finish to 2024 but trade deficit up 8 pct to 34.61 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit dropped by 9 percent year-on-year (YoY) at the close of 2024, after a rise of 18.7 percent in November, according to data released by ELSTAT on Friday. The deficit came to 3.109 billion euros for December. Imports totalled 7.13 bi...

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  8. Construction continues recovery in Aug, down 8.4 pct YoY over 8 months
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity remained in growth in August, with a rise of 7.8 percent year-on-year, after an increase of 12.2 percent YoY seen in July, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. The total number of perm...

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  9. Stress mounts ahead of ECB's tests on Greek banks
    Photo by MacroPolis

    Economy

    colleagues at the July 8 Eurogroup about the potential impact of the stress tests. “The Greek economy... expressed by Hardouvelis at the July 8 Eurogroup confirm the uncertainty prevailing in the domestic stock... at 20 billion euros. On March 6, the BoG unveiled Greek banks’ capital needs at 6.4 billion euro

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  10. BoG shows lower deposit rates and a sharper drop in loan rates in June

    EconomyMacroeconomy

    on new deposits fell 8 bps to 1.51 percent in June from 1.59 percent in May. The movement in the new loan.... The combination of an 8 and 54 bps drop in the average deposit and loan rates, led the average spread... on outstanding volumes posted a drop of 6 bps to 3.75 percent, after increasing in the preceding five

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