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CPI rises for ninth straight month in Sept with 1 pct increase
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in September, up slightly from the 0.9...’ and services’ indices advanced by 1.1 and 1 percent, respectively. The harmonised index of consumer prices (HICP) also rose by 1 percent in September, up from August’s figure of 0.6 percent. The main driving
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CPI rises by 1 pct in August, staying positive for fifth month
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in August after a rise of 0.9 percent in July... that the figure has landed at 1 percent. The average CPI for the latest 12-months since August 2017 remained...), health (+1.5 percent) and hotels, cafes and restaurants. Smaller rises ranging between 1 percent and 0.2
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Athens eyes multiple benefits from joining China-backed 17+1 initiative
PoliticsForeign Policycalled 16+1 group, becoming the 17th member of the collective. The Dubrovnik meeting last Friday... clearly expressed his intention to join the 16+1 group (11 participant states are EU member states... of what will be called from now on the “17+1 initiative,” a significant step for the summit
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CPI rises by 1 pct in April
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 1 percent in April following a rise of 0.9 percent... percent, from 0.8 percent in the March rolling period. Month-on-month, the CPI in April rose by 1 percent...-on-month, the HICP showed an increase of 1 percent. The overall CPI increase on an annual basis was driven
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Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
EconomyBankinghalf in H1 to 0.5 percent, down from 1 percent a year ago. P&L Net interest income (NII) came to 1.05... in H1 2023. Eurosystem funding dropped further to 1 billion euros of TLTRO III, with the remaining 1
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammeneeds to remain below 10 percent of GDP until 2040, rising to 20 percent by 2060. According.... In addition, gross financing needs cross the 15-percent mark by 2024, and 20 percent by 2029... sustainable, the IMF suggests: 1) Maturity extension of 14 years for EFSF loans, 10 years
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Newsletter 94 - 04/11/2016
to return to Athens in mid-November, while the Eurogroup on November 7 is scheduled to take stock... the tax credit to 1,600 euros (from its current 1,900 euros) with estimated savings of 1 billion euros... of around 1.8 billion in the last three months, the backlog has decreased by 1 billion, indicating
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgrammein employment by 1–1.8 percent each year in 2017-2021 will drive the unemployment rate lower from 23.5... savings of 1 percent of GDP each in 2019 and 2020 respectively and the implementation of counter... billion include a reduction in: the lowest personal income tax rate from 22 to 20 percent (877 million
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Newsletter 234 -10/01/2020
leader, around 20 pct would also be used for targeted social spending. He took this matter up... euros last year. The balance for local governments fell by 384 million euros to stand at 20 million... points. The overall weighted average interest rate on new deposits dropped by 1 bps to 0.19 percent
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Newsletter 48 - 23/10/2015
(CoCos) and shares. CoCos would bear an annual coupon of 7–9 percent, according to market sources... reports indicate it could not fall below 20 percent or more than half of the current levels. Greek banks... the bail-in is triggered. Thus, the market currently expects that 5–7 billion would have be raised
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