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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomyand lockdowns before the end of 2020, and one without a second wave. Under the single-hit scenario, the EU... that GDP will fall by up to 8 percent in 2020 under a single-hit scenario, with a recovery of 4.5... to 19.4 percent in the single-hit scenario and to 19.6 percent in the double-hit scenario. Under both
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Greece persistently bottom of the list for EU gender equality
Societyscore has risen by 3.6 points with only a single point improvement since 2015. The indicators... since 2010, meaning that it has not risen a single position in the last eight years. The best score... that single women earned on average 10 percent less than men per month in 2018. In couples
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OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Economycontributions for employers and employees. The tax burden in Greece for single people at 67 pct... and Austria leading the top three spots for the tax burden as percentage of labour costs for single... for single earners without children, with figures around 40 pct. Greece remains in the lower half
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Newsletter 341 - 10/06/2022
, it is estimated that at least 44 pct of the vote would be needed for either a single party to gain... for a single party to win a parliamentary majority. Also, as things stand the only viable partnerships... on the current polling data, this opens up the possibility of a single-party New Democracy
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingAlpha Bank reported first half (H1) net profit of 267.4 million euros from 3.41 billion last year... one-off items. Excluding DTA, the bank posted net loss of 146.6 million in H1, which was 8.4 percent better than the consensus. The financial performance this year showed net loss was trimmed to 57.4
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Among euro area SMEs, Greeks face most problems with access to finance
Economynet responses remained negative in Greece, albeit the current figure of -8 percent is much lower than... reporting a negative figure in banks’ willingness to lend but the net percentage improved to -22... percent) in the net percentage of SMEs that reported fear of rejection as a factor discouraging
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Greek stocks up for second straight week, rising by 5.5 pct
Economyof modest and gradual improvement in their funding. CCH posted a rise in 2015 net sales by 2.5 percent to 6.35 billion, while net profit fell by 5 percent to 280 million. The BoD will propose a dividend per share of 0.40 euros. Hellenic Telecom (OTE) net profit came in at 36.8 million in Q4 down by almost
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Credit contraction accelerates to 2.3 pct in Feb, loan deductions of almost 400 mln
EconomyMacroeconomypercent from 2.1 percent in January, Bank of Greece (BoG) figures showed on Tuesday. The net lending flow remained negative for the second straight month, with net deductions easing to 399 million...’ loan balances dropped to 93.74 billion euros, with monthly net deductions at 227 million slightly
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Current account deficit narrows by 45 pct to 804.3 mln in Feb
EconomyMacroeconomy. Stripping out oil and ships, exports were kept almost stable, while imports decreased by 1.4 percent. Net... transaction in February. For the 2-month period, residents’ net assets from direct investment abroad... the portfolio investment, residents’ external assets posted a net increase of 1.2 billion euros in February
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Credit contraction slows to 2.1 pct in March, loan deductions fall to 146 mln
EconomyMacroeconomyto 2.3 percent in February, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow... lending deductions of 361 million, while corporate lending recorded net additions of 224 million... fell to 93.33 billion euros, with monthly net deductions reaching their highest level since last July
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