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  1. Slight uptick in October for Greek PMI, which remains in contraction

    EconomyMacroeconomy

    . The slower decline in new orders is mainly attributed to renewed growth in exports sales, which had... goods were also trimmed, mainly reflecting reduced buying levels following waning demand. However

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  2. Car sales still going strong in 2014; up by 33.7 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    indicates a slightly slower increase (up 28.1 percent), mainly reflecting two single-digit readings... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well

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  3. Greece returns to growth after long recession, GDP figures show
    Photo by MacroPolis

    EconomyMacroeconomy

    since 2008 mainly reflecting a cumulative drop in the disposable income by 29 percent on increased.... Exports of services showed a healthy growth of 15.6 percent in Q2, mainly reflecting strong tourism

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  4. Greek current account surplus up to 1.6 bln in September after fourth straight rise

    EconomyMacroeconomy

    (BoG). The substantial improvement mainly reflects an increase in the services’ surplus by 425 million... in the current transfers’ surplus by 23.4 percent to 2.79 billion is mainly attributed to lower

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  5. Target revisions leave 880 mln budget shortfall in Oct despite 2.6 bln primary surplus
    Photo by MacroPolis

    Economy

    , the expenditure target was lowered by 501 million to 49.24 billion euros in 2014, mainly reflecting... following the significant drop of 24.7 percent in October. This was mainly due to income tax (down 27.3

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  6. Piraeus Bank posts net loss of 1.56 bln in Q3
    Photo by MacroPolis

    EconomyBanking

    is fully attributed to Greek operations and mainly stem from higher deposit NII reflecting a further... benefits in the coming quarters. Cost containment mainly reflects lower personnel expenses primarily

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  7. Greece moves closer to troika over fiscal gap, waits for response
    Photo by MacroPolis

    EconomyProgramme

    In an effort to reach a compromise with the troika, Greek authorities have a range of proposals mainly aimed bridging the anticipated fiscal gap of about 2.5 billion euros for 2015. Local media... of 100-120 million for 2015, involves changes in the pension system mainly related to: a) Increase

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  8. The measures Greece is proposing to secure troika's return

    EconomyProgramme

    are due to be legislated by the end of the year. These mainly involve: a) For those born after 1975... of interventions not incorporated in the 2015 budget that would further increase 2015 revenues. These mainly

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  9. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    components mainly reflects a net decrease in long-terms bonds by 9.7 billion and in T-Bills by 2.1... loans mainly derives from the bailout tranches totalling 11.8 billion euros (eurozone at 8.3 billion

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  10. Rise in Greek car sales slows to 7.5 pct in November

    EconomyMacroeconomy

    indicates a slightly slower increase (up 26.2 percent), mainly reflecting three single-digit readings... highlight that the strong growth in 2014 is mainly attributed to increased Rent-a-Car fleets due

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