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  1. In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    In its compliance report for the first programme review, the European Commission (EC) included an updated debt sustainability analysis (DSA). This takes into account the milder recession and higher fiscal outcome in 2015 and lower bank capital needs. As a result, Greece’s debt to GDP ratio landed

    4%
  2. Trade deficit climbs for second straight month in May, rising by 12.5 pct
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    the imposition of capital controls. In absolute terms, imports and exports landed at 3.53 and 2.02

    4%
  3. Car sales fall 2.5 pct in June after impressive growth in preceding two months
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of road motor vehicles (going into circulation for the first time) fell by 2.5 percent in June after an impressive growth of 33 and 24.5 percent respectively in the preceding two months, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The absolute figure landed at 12,434

    4%
  4. Greek stocks fall 1.4 pct during week as trading volumes plummet
    Photo via www.helex.com

    Economy

    ’s levels. The general index of the Athens Stock Exchange landed at 537.10 on Friday, with this week

    4%
  5. Building activity decreases at slower pace of 5.3 pct in April

    EconomyMacroeconomy

    landed at 13,257 in 2015 corresponding to a nosedive of more than 86 percent. It should be noted

    4%
  6. Eurosystem funding falls 8.6 bln in June in aftermath of waiver reinstatement
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    ) programme and - to a lesser extent - ongoing loan deleveraging. ELA funding landed at 54.37 billion

    4%
  7. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    . The state budget deficit improved by around 30 percent from last year and landed at 997 million euros

    4%
  8. Newsletter 83 - 22/07/2016

    Newsletters

    carrying eight personnel that Ankara regards as plotters landed in Alexandroupoli, northeastern

    4%
  9. Current account deficit widens to 412 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    landed at 3.4 and 2.02 billion euros respectively. BoG noted that the improvement in the goods

    4%
  10. Disposable income drops 1.8 pct in Q1 on rise in taxes and social contributions
    Photo by MacroPolis

    EconomyMacroeconomy

    , disposable income landed at 26.38 billion euros in Q1 down by 475 million from last year. The drop

    4%