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Greece returns to growth after long recession, GDP figures show
EconomyMacroeconomytime since Q1 2010 recording an increase of 0.7 percent YoY following a drop of circa 4 percent.... The revised historical figures showed that the largest drop in the third quarter economic activity was posted in 2010 with a decrease of 7.5 percent, followed by a drop of 6.7 percent in 2011 and 6.3
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Greek industrial production drops for eighth straight month but at slower rate
EconomyMacroeconomyin October, when it fell at a slower pace of 0.7 percent after a downward revised 4.9 percent drop... for the 10-month period displayed the drop in industrial production slightly decelerated to 3.1 percent, from 3.4 percent in the 9-month period, mainly reflecting a continued double-digit drop in electricity
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Greek trade deficit drops by larger rate of 27.2 pct in Feb
EconomyMacroeconomyattributed to a 14.6 percent drop in imports, while exports showed a much slower decline at -2.7... lower than the 16.3 percent drop recorded in January. In absolute terms, imports amounted to 3.45... percent, while imports retreated by 6.7 percent resulting in a slower drop of trade deficit to -22 percent
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Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
EconomyMacroeconomypercent in February from 1.2 percent in January and an increased rate of drop in the number of jobless... percent in February. The jobless rate among women showed a slower drop by 1.6 pp YoY to 29.1 percent... (25-34 years) and (35-44 years) also showed a marked drop by almost 5 pp to 31.3 percent and by 2.5 pp
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomythe respective rate in comparable countries like Spain, Portugal and Italy. The marginal drop... in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts... in loans for amounts up to 250,000 euros to 6.11 percent, following a drop by 49 bps in April
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomydigit drop in both exports and imports by 23 and 13.8 percent respectively. In absolute terms, goods... percent. The modest drop in the services’ surplus by 1.6 percent to 2.37 billion is largely due... than offsetting a drop in the relevant travel spending per trip. The substantial deterioration
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Unemployment rate edged up to 25.2 pct in June
EconomyMacroeconomyof employed more than offsetting a marginal drop in the number of unemployed. In particular, the improving... was reversed with June indicating a 1.2 percent month on month (MoM) drop vis-à-vis a rise by 1.9... reading since May 2012. Despite the MoM drop in the first half of the year, the number of unemployed
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Newsletter 47 - 16/10/2015
(+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... October. The breakdown showed a drop in private consumption by 1.6 percent in 2015, exports by 1.5..., on the back of a drop in private consumption by 1.5 to 2 percent, a slight rise in public consumption
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomystems from a drop in the goods’ (by 268 million) and primary income (by 109 million) deficits more... account deficit deteriorated by a mere 2.3 million. The breakdown displayed the double digit drop... in the services surplus by 293 million. On the goods’ front, the marked drop in the respective deficit
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomybillion in the corresponding period last year. In absolute terms, the biggest drop was recorded... to a strong rebound in revenues of 13.6 percent in September with the cumulative drop rate slowing... arrears. Despite a drop by 97 million in September, state budget arrears have advanced by 474 million
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