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  1. Primary surplus narrows to 2.4 bln in October as revenues miss target

    Economy

    a strong performance in September (+15.1 percent). As a result, the 10-month figure fell 1.2... of a 107 million surplus. The continuous weakness reflects a drop in PIB revenues by 12.4 percent

    5%

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

    EconomyMacroeconomy

    percent. Following another strong performance in September, the 9-month C/A surplus further grew to 3.75...) and – to a lesser extent – from lower income deficit (by 430 million) mitigated by a drop

    5%

  3. Newsletter 4 - 21/11/2014

    Newsletters

    in 2014 as well as the anticipated strong GDP recovery of 2.9 percent in 2015. The government has also... drop in August. September’s figure is the fourth positive reading this year. The rise reflects

    5%

  4. OECD sees more growth, falling unemployment in Greece

    EconomyMacroeconomy

    (from 26.7 percent) in 2015. An additional drop of 1 pp to 24.1 percent is projected for 2016... stressed that reducing debt to prudent levels will require years of solid growth and a strong fiscal

    5%

  5. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according... but also recorded strong double-digit growth since Q3 2010, namely legal and accounting services (up 55

    5%

  6. Greek shares rebound after calming comments from PM and finance minister

    Economy

    The Greek stock market rebounded by 4.64 percent on Monday following a drop of 1.6 percent on Friday and cumulative losses of 14.1 percent last week. Prime Minister Alexis Tsipras’s intervention via... strong gains up 9.2 percent, while Alpha and Piraeus rose more moderately by up to 2 percent. From

    5%

  7. Prospect of eurozone deal calms nerves on stock, bond markets

    Economy

    gains to 25.8 percent. Despite the strong performance in the first two sessions of this week, bank... Organisation (OTE) and OPAP posted double-digit gains, +14.9 and +14.1 percent respectively. Following a drop

    5%

  8. Car sales soar by 47.2 pct in April for 20th straight monthly rise
    Photo by MacroPolis

    EconomyMacroeconomy

    still stands 70 percent below the 2008 number of 347,354 and mainly reflects a sharp drop by more than 30 percent per annum in the 2010-2012 period. Market sources attributed the strong rebound

    5%

  9. Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013

    EconomyMacroeconomy

    Greek building permits rebounded by 10.2 percent in February after a 7.1 percent drop in January, according to the Hellenic Statistical Authority (ELSTAT). February’s is the first positive figure... recording strong growth of 40.7 and 27.6 percent respectively. In contrast, the highest nosedive

    5%

  10. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    , which is significantly lower than the previous estimate of 6.8 percent. However, a strong rebound... falling by 1.4 percent, similar to the drop posted in 2014. Marginal inflation of 0.3 percent

    5%