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  1. EU Task Force sees progress on reforms and structural funds in Greece

    EconomyProgramme

    for clearance and cost reductions of 20 – 50 percent in the past 6 months. In addition, the Greek authorities

    6%
  2. BoG shows lower deposit rates and a sharper drop in loan rates in June

    EconomyMacroeconomy

    on outstanding volumes posted a drop of 6 bps to 3.75 percent, after increasing in the preceding five

    6%
  3. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    contracting by 9.3 percent in 2012 and 6 percent last year. It represents 75 percent of Greece’s GDP

    6%
  4. Tourist arrivals in June increase 13.7 pct, bringing significant rise in receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    , 6 percentage points higher than the rate of arrivals. A similar pattern was also evident

    6%
  5. Samaras, Tsipras under pressure to deliver on plans for economic policy
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    The government has built up expectations regarding Prime Minister Antonis Samaras's economic policy speech at the Thessaloniki International Fair (TIF) on Saturday, September 6 but the political tone for the weeks to come may be set by SYRIZA leader Alexis Tsipras's address a week later

    6%
  6. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    and services, which eased 4.2 and 6 percent respectively. It is also noteworthy that Q2 trade balance

    6%
  7. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    -1.5 to -2.8 percent. In contrast, real hourly wages in Portugal showed a sharper drop of 3.9 and 6

    6%
  8. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    foreign bond placements. The remaining amount of 6 billion will be partly met by Greek banks repaying

    6%
  9. A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
    Photo by MacroPolis

    Economy

    have been identified through EU funds and revenues of 6 billion are projected from the settlement

    6%
  10. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    ). On the flipside, 6 services rebounded strongly QoQ by a double-digit rate. The most significant positive QoQ

    6%