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BoG data shows drop in card usage in first half of 2019
EconomyFeaturesthat in the first half of 2019, the total number of payment cards in circulation rose by 4 percent compared... cards made up 84 percent of the total, and credit cards came to 16 percent. However, while card numbers increased, the total number of transactions and their volume declined in the first half
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Building permits increase by 12.6 pct in October
EconomyMacroeconomypercent in September, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total... the first ten months of the year, building permits rose by 8.6 percent. Total permits in the aggregate... in 2005, several years before the economic crisis hit and the construction downturn began. Total permits
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What will it take to reverse the Greek 'brain drain'?
Societyis clearly not intended as a total solution, many have expressed misgivings over its design and its... of the problem. Between 2010 and 2017, 428,878 Greek citizens moved abroad, out of a total population..., around 31 percent of the total workforce in Greece hold university degrees, and 5 percent hold
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Car sales rise by 8.3 pct in January
EconomyMacroeconomyto 22,355 compared to 20,634 in January 2019. Out of the total, passenger car sales rose by 7.5 percent... (2,505) and buses (287). Passenger cars accounted for over 85.3 percent of the total car sales... the crisis years. During 2019 there was a total of 256,698 vehicle sales. Of the total, 160,747 were new
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New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeaturesto data from Eurostat, tracking the growth of new businesses in 2017. The data showed that the total... generated by these newly created enterprises came to 2.4 percent of total employment in the EU in 2017... percent). New businesses as a percentage of total active businesses was the lowest of all EU 27
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Newsletter 240 -21/02/2020
measures. Total exports in December came to 2.75 billion euros, from 2.46 billion last year, increasing by 11.7 percent YoY. At the same time, total imports reached 4.38 billion euros, a rise of 2.2... loans of 161.8 million euros. FSM loans continue to make the majority of total loans, accounting
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Hercules NPL reduction scheme receives first application from Eurobank
EconomyBankingunder the code name Cairo, with a total value of 7.5 billion euros. The applications relate to the provision of guarantee by the Greek state on senior notes to the value of 1.6 billion in total... the crisis hit the country. A total of roughly 71 billion euros worth of bad loans sit
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Car sales rise by 7.7 pct in February
EconomyMacroeconomyfor the month came to 16,589 compared to 15,404 in February last year. Out of the total, passenger car sales... of the total car sales in February. Over half of all passenger cars sold were registered in the Attica... and February, a total of 38,944 car sales were noted. Out of the total, 18,823 were new vehicles
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Eurobank net profits at 256.7 mln in 2019
EconomyBanking. The application related to two of the bank’s three securitisations under the code name Cairo, with a total... on senior notes to the value of 1.6 billion in total. The portfolio consists of three different... estate portfolio as of Q4, valued around 700 million euros. In 2019, a total of 3,120 property auctions
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PM increases coronavirus support package to 10 bln, while sounding dire warning to public
PoliticsGreek PoliticsKyriakos Mitsotakis announced a drastic expansion of the economic support package, pledging a total..., bringing the total to 464. The official estimate of total infections in the community based on modelling is 2,000-3,000. One more patient succumbed to the virus, bringing the total to six. Tsiodras announced
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