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  1. Exports continued their decline, down by 8.3 pct in May

    Economy

    Greece’s exports continued heading south for the second successive month, falling by 8.3 percent in May, following a steeper drop of 20.8 percent posted in April, according to the flash estimates released by Hellenic Statistical Authority (ELSTAT) today. In addition, the trailing index also

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  2. Greece raised lower than expected amount from 3-year bond issue, yield at the high end

    Economy

    stands at the high end of initial estimates. Unlike the April press release indicating strong demand

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  3. Greek trade deficit up by 21.9 pct in May as exports sink further

    EconomyMacroeconomy

    ) said it expects exports to rise by 4 percent in 2014. Its estimates largely stem from the services

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  4. Sudden spurt for Greek exports, which rose by 11.3 pct in June

    EconomyMacroeconomy

    The rate of change in Greece’s exports turned positive showing an increase of 11.3 percent in June following a drop of 7.5 percent in May, according to the flash estimates released by Hellenic Statistical Authority (ELSTAT) on Thursday. Nevertheless, since 8 of the last 12 YoY readings were

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  5. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    for capital boost under Bank of Greece (BoG) capital standards. The bank estimates that the respective

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  6. Exports resumed a downward trend in July, imports up 10.1 pct

    Economy

    After a temporary rise of 11.3 percent in June, Greece’s exports resumed a downward trend easing by 1.1 percent in July, according to the flash estimates of commercial transactions released by Hellenic Statistical Authority (ELSTAT) today. In addition, since the bulk of the last 12 year on year

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  7. Strong tourism season confirmed by Q2 accommodation turnover
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    the release of 8-month arrivals, SETE upgraded its full year estimates on international tourist

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

    EconomyMacroeconomy

    In its 2014 Employment Outlook published today, OECD retains its estimates for Greek unemployment rate unchanged at 27.1 percent in 2014 and 26.7 percent in 2015. In addition, OECD economic forecasts also remain the same compared to the previous projections released in early May and call for a mild

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  9. Tsipras starts to flesh out SYRIZA's economic policy but questions remain

    PoliticsGreek Politics

    estimates this would create 7,500 new jobs. The most eye-catching of the economic proposals made

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  10. SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008

    Economy

    . Based on preliminary estimates for 2014 and 2015, the Commission does not foresee a major reversal

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