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Low-productivity economy a legacy of adjustment without transformation
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BoG cautiously optimistic on economy and banking sector
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
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Housing costs, food prices set limits to impact of tax cuts
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Moody's keeps rating unchanged at 'Baa3' - outlook stable
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Underspend and taxes push primary balance up to Aug 3.77 bln above target
Pandemic drove 28.4 bln of bank loans into moratorium last year
The quantity of loans that went into moratorium last year from the end of March stood at 28.4 billion euros, according to an update from the Finance Ministry.
This amount came from 405,473 loans, and suspension of payments for most of these will run through March of this year under the moratorium program. The exceptions are cases where this would exceed the maximum allowed period of nine months, though these ...
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