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  1. General govt primary cash deficit of 13.75 bln in November, arrears drop by 302 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    . Overall, the state budget primary balance showed a fall of 21.03 billion euros, landing at a deficit of 13.75 billion euros. The budget primary balance for the same time last year came to a surplus... were seen in interest paid (-567 million), purchase of goods and services (-231 million) and social

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  2. BoG warns pandemic will leave trail of bad loans, hastening need for new tools
    Photo by MacroPolis

    EconomyBanking

    their balance sheets and, equally importantly, to deal with the issue of capital quality. According... help in dealing with the major issue of balance sheet quality, so they are in a position soon... that the lion’s share comes from the accommodation and food services, with 33 pct of the loans under

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  3. General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
    Photo by MacroPolis

    EconomyMacroeconomy

    , the state budget primary balance showed a fall of 1.25 billion euros, landing at a deficit of 759 million euros. The state budget primary balance for the same time last year came to a surplus of 495 million... came to 1.39 million euros, a drop of 12 million was seen, while purchases of goods and services fell

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  4. General govt primary cash deficit at 6.66 bln in April; arrears fall
    Photo by MacroPolis

    EconomyMacroeconomy

    funds deteriorated by 73 million euros YoY. The state budget primary balance showed a fall of 4.58 billion euros, landing at a deficit of 6.01 billion euros. The state budget primary balance for the same... contributions fell by 23 million euros compared with a year earlier, while sales of goods and services were

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  5. Newsletter 329 - 25/02/2022

    Newsletters

    primary balance up to 2060. In the DSA’s baseline scenario, Greek nominal GDP is seen growing on average... posted a current account deficit of 1.71 billion euros in December. A year earlier, the balance showed... services surplus increased to 13.13 billion euros in 2021, from 7.28 billion euros in 2020

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  6. Newsletter 425 - 31/05/2024

    Newsletters

    billion euros in March. The outstanding balance dropped further to 116.6 billion euros. The credit flow to non-financial corporations was negative by 298 million euros, taking the balance to 67.1 billion... of the services that in theory are offered by the state for free. This leads to the negative savings

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  7. Newsletter 448 - 24/01/2025

    Newsletters

    balance showed a deficit of 32.47 billion euros, up from 29.6 billion euros in 2023. The travel balance... sector dropped by almost 5 points to 16.7 pct, whereas services-related jobs have jumped to 73.1 pct

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  8. Newsletter 463 - 23/05/2025

    Newsletters

    , up by roughly 1 billion euros. Balance of Payments The current account deficit widened to 3.... The balance of goods excluding the value of oil and ships was a deficit of 2.34 billion euros. During... deficit came to 2.55 billion euros, while the services surplus was 395.6 million euros, from 507.8

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  9. Newsletter 482 - 31/10/2025

    Newsletters

    more attractive compensation and better work‑life balance to draw and retain talent. Pension reform.... The outstanding balance of credit stood at 127 billion euros. Credit flow to non-financial corporations... Industry confidence only moved up slightly, while services confidence had a strong improvement by 4.6

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  10. Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
    Photo by MacroPolis

    EconomyBanking

    in the previous quarter, and 169 bps a year ago. Balance Sheet Eurosystem funding fell by 3.4 billion QoQ... contribution from lower loan balances, spread reduction, and a smaller securities portfolio, which... to CEPAL, the first NPL servicer licensed in Greece, while another 2.5 billion are due to be assigned

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