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Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low
EconomyMacroeconomyto 48.3 in January from 49.4 in December, according to Markit. The headline figure fell to a 15-month low... and abroad, while export orders further dropped, yet a slower pace compared to December rate. Falling..., manufacturers’ selling prices recorded a substantial drop similar to that evident in December. Moreover
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Newsletter 14 - 06/02/2015
from 49.4 in December, according to Markit. The headline figure fell to a 15-month low, while... for the ninth straight month in December, dropping by 6 basis points to 1.82 percent, according to the Bank... figure of 2.82 percent. The December rate marks a new historic low during Greece’s euro membership. 2
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November sees highest MoM drop in employment as headline figure remains at 25.8 pct
EconomyMoM), to 1.06 billion at the end of December, implying an increase by 4,000 on the end-November... to 173,526 in December corresponding to 16.3 percent of total from 11.4 percent in November. The number... below the 59-percent mark for the first time since April 2014 to 58.8 percent in December. The year
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Newsletter 15 - 13/02/2015
called in late December. A similar statement was also made by Prime Minister Alexis Tsipras, who called... half before December. On the bank front, press reports note that the ECB has further raised... at the end of December, equally split between ECB and ELA funding. The cost of ELA is 1.55 percent, 150 bps
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Greek industrial turnover plummets by 8.9 pct in Dec as manufacturing suffers
EconomyMacroeconomyThe Turnover Index in Industry headed south for the second straight month in December.... The average index slipped 1.4 percent last year. The change in December industrial turnover is fully... of the five main industrial groupings recorded a drop in industrial turnover in December with the highest
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Greece's imminent funding problems: All the numbers you need
EconomyProgrammeissued in September and 3.2 billion on March 11 and 18, issued in December, 1.6 billion of which was an extraordinary issue on December 19th while the presidential vote was taking place. It has been widely... billion. This restriction should not pose any problems for the 3-month T-Bills issued last December
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Greek Eurosystem funding up by 2.9 bln in March, reaches total of 107.1 bln
EconomyMacroeconomyDecember 2012. The monthly increase in the ELA funding most likely reflects an equal amount of deposit... the 68-billion-euro mark from zero until December 2014 reflects: a) Replacement of ECB with ELA funding... in the December – February period and may have increased by another 3 billion in March. BoG is scheduled
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Newsletter 23 - 17/04/2015
. Greek banks’ NPLs rose by 3.1 billion within 2014, reaching 83 billion at the end of December... been since December 2012. March's figure is the highest reading since January 2013. Budget primary... percent of total deposits) between December and February. Deposit outflows have slowed since
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomystems the Emergency Liquidity Assistance (ELA) bank guarantees which climbed from zero in December...-related guarantees reached 105.2 billion at the end of March, from 43.2 billion at the end of December... liquidity position of Greek banks with extended outflows of 26.8 billion since December coupled
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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomyDecember 2012, while the headline figure stands above the 100-billion mark for the third straight... Assistance (ELA) funding by 5.86 billion to 74.37 billion. This is the highest reading since December.... The sharp increase ELA funding, from zero until December 2014 to more than 76 billion currently
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