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  1. Building activity nosedived for the fourth straight year, down 27.6 pct in 2013
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    a drop of 11.7 percent in 2012. Fitch is expecting housing prices to further decline by 6 percent

    6%
  2. Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year

    EconomyMacroeconomy

    of the year), household consumption retreated 6 percent in 2013, leading to a 5.6 percent drop

    6%
  3. General gov't cash surplus widened to 2 bln in January

    EconomyMacroeconomy

    billion in 2013 mainly reflecting payments of previous year’s arrears of 6 billion. Our understanding

    6%
  4. Greek trade deficit narrowed 15.4 pct in January

    EconomyMacroeconomy

    Greece’s trade deficit narrowed 15.4 percent to 1.62 billion euros in January, according to the Hellenic Statistical Authority (ELSTAT). The drop in January shows an accelerated trend compared the decline of up to 6 percent recorded in the preceding three months. September had posted a 27.4 percent

    6%
  5. Greek jobless rate eases for fourth straight month but still at 26.7 pct
    Photo by Harry van Versendaal

    Economy

    . After peaking at 7 percentage points in 2012, the gap dropped to the historic average of 6 pp in 2013

    6%
  6. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . Fitch is expecting housing prices to contract by a further 6 percent in 2014.

    6%
  7. Greek current account deficit rises to 709 mln in February

    EconomyMacroeconomy

    billion euros showing a marginal rise by 6 million compared to the corresponding period last year

    6%
  8. Retail index fell by 2.2 pct in Feb but trend improving

    EconomyMacroeconomy

    decrease of 1.8 percent in 2014 from 6 percent in 2013. A turnaround is expected to start in 2015

    6%
  9. Greek Parliament's budget office questions primary surplus sustainability
    Photo by MacroPolis

    EconomyMacroeconomy

    and human resources, 3) alternative energy sources, 4) hydrocarbons, 5) maritime, 6) organic crops

    6%
  10. OECD sees Greek recession continuing in 2014, slower recovery to follow
    Photo by MacroPolis

    EconomyMacroeconomy

    sees debt (as a percentage of GDP) at 177.7 in 2014 and at 177.2 in 2015, 3.5 and 6 pp respectively

    6%