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  1. Car sales continue to rise in July but at slower pace of 25.9 pct

    EconomyMacroeconomy

    since January 2012. Following the strong performance in July, the 7-month figure surged 28.1 percent to 63,026 motor cars. In the corresponding period last year, there was a drop of 2.5 percent

    5%

  2. Moody's upgrades Greek rating by two notches to Caa1 - here's why

    Economy

    to Moody’s, the three key factors that triggered the rating upgrade were the strong improvement... is projected to drop to 2.9 percent of GDP. The improving economic environment, with the recovery

    5%

  3. Car sales up by 20.8 pct in August but rise continues to slow

    EconomyMacroeconomy

    , following a drop exceeding 30 percent in each of the preceding three years. In absolute terms, car...) the double-digit rebound in car sales this year mainly stems from improved consumer confidence and strong

    5%

  4. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in travel receipts fully reflects a strong rise in international tourist arrivals by 29.4 percent... to 10.49 million. In addition, the double-digit drop in travel spending per trip in July, led

    5%

  5. 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%

  6. 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%

  7. 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%

  8. 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%

  9. 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%

  10. 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%