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  1. Q2 GDP moderates further to 1.7 pct YoY as households spending slows
    Photo by MacroPolis

    EconomyMacroeconomy

    taken H1 growth to just under 2 percent, which suggests stronger growth will be needed in H2... by 0.8 percent and services were down by 2 percent. Compared to Q2 2024, final consumption increased by 1 percent YoY, while investments rose by 6.5 percent. Exports increased by 1.9 percent year

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  2. Tsipras confirms Parliament will probe contentious Novartis bribery claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in the pharmaceutical sector cost Greece a total of 23 billion euros between 2000 and 2010, although it has.... The committee will have 21 members (10 SYRIZA, 5 New Democracy, 1 PASOK, 1 Golden Dawn, 1 KKE, 1 ANEL, 1 Union of Centrists & 1 To Potami), with the governing coalition being represented by 11 MPs, who

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  3. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    fiscal change this year of almost 1 billion YoY. This sector has had the worst fiscal performance so... of total arrears. These two gg entities also recorded the highest rise in arrears year to date at 300... budget arrears increased by a modest 9 million MoM to 144 million (3.7 percent of total), while

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  4. General govt primary cash surplus at 1.65 bln in May on slower expenditure decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 2.85 billion, representing less than 1 percent of the total. Guarantees The stock of gg guarantees... was in extrabudgetary funds, where a YoY fall of 241 million was observed. The total figure for this category... percent of the total. Arrears Arrears to the private sector (including tax refund arrears) fell by 390

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  5. General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    lending was unchanged and came to 2.38 billion euros, or under 1 percent of the total. Guarantees... went down by 6 million. Since the start of the year, total arrears have fallen by 298 million... SSFs which made up 28.9 percent of the total. Debt Central government gross debt rose by 13.89

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  6. Banks enter final quarter with high hopes for bad loan reduction while challenges remain

    EconomyBanking

    of the EU rules. Hercules aims to take a total of 30 billion euros in bad loans of the books... by around 26 billion euros. The total still remains extremely high, coming to 78.8 billion euros..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1

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  7. General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln

    EconomyMacroeconomy

    a surplus of 966 million, down by 2 billion from last year’s figure of 2.97 billion. As a result, state... of 25.58 billion remain the highest expenditure figure making 51.6 percent of total followed by compensation of 10.37 billion (20.9 percent of total expenditure). Arrears Arrears to the private sector

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  8. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by compensation of 2.55 billion (22.8 percent of the total figure). Arrears Arrears to the private sector... percent of total with tax refunds following at 1.26 billion (one quarter of total). In addition, hospital arrears amounted to 574 million accounting for 11.4 percent of the total figure. It is noted

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  9. Chasing investment, the Greek dream
    Photo by MacroPolis

    Agora

    period, total spending on investments increased again to a peak in 2007 that exceeded 17 billion... of construction represented 70 percent of total spending. This was dominated by house building, which ranged... building was below 2 billion euros in the mid-90s; by the third quarter of 2004 it had risen to just

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  10. Newsletter 188 -21/12/2018

    Newsletters

    billion euros to 45.26 billion euros against last year’s total of 43.17 billion. Year-on-year... annual bonus reinstated that would bring the total to 800 million euros per year on an ongoing basis... impact becomes substantial if the decision becomes applicable for pensioners, who also had a total

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