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  1. In tight election race, rare TV debate carries element of unknown

    PoliticsGreek Politics

    on September 14. In the handful of parliamentary debates that have been held since Meimarakis took over... (roughly 2 percentage points or more) on September 20 to consider the option of teaming up just with PASOK... finely balanced: Pulse for @action24_ SYRIZA 28 ND 27.5 G Dawn 7 PASOK 6.5 KKE 6 Potami 5.5 Cent

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  2. Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . Public finances are on a more sustainable path, with primary surpluses in excess of 2 percent of GDP... debt ratio will be reduced by around 7 percentage points within the next two years, to just above 174... such as the European Investment Bank (EIB). Moody's keeps the real GDP growth forecasts unchanged at 2

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  3. Newsletter 253 -12/06/2020

    Newsletters

    of January that fetched a yield of 1.91 pct and the 7-year issued in April of 2 billion euros... by 14:30 local time with total offers of 15.75 billion euros and price of mid swaps +160 basis points... in the first scenario and by 17.3 percent in the second, with rebounds in 2021. 2 Unemployment rate

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  4. Greece draws strong interest, attractive yield by re-opening 10-year bond
    Photo by MacroPolis

    Economy

    to 140 basis points over mid-swaps. The books closed by 14:00 Athens time with a total of 18.... The US has 8 pct of the offers, just ahead of Greece at 7 pct. Fund managers got the lion’s share... and 2 billion from a 7-year syndication in April are takεν into account, the Public Debt Management

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  5. Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    a negative savings rate, when in the EU the saving rate is close to 14 pct and close to 15 pct in the euro... to 2 pct. This leads Greece to having the lowest household investment rate, in the last spot... average for cities is roughly 11 pct and under 7 pct for rural areas. Looking at the housing costs

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  6. General gov't cash surplus widened to 2 bln in January

    EconomyMacroeconomy

    The Greek general government (gg) cash surplus in January widened by 32.5 percent to 2 billion euros from 1.51 billion last year, according to the gg bulletin released by the Ministry of Finance on Tuesday. The gg balance also showed a surplus at 1.76 billion from 1.25 billion last year. All gg

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  7. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    Greek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank of Greece (BoG) data showed on Friday. The net lending flow turned positive for the first time since June 2015 with net loan additions of 210 million euros in December from deductions of 458 million

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  8. Marginal net losses of 2 mln for Alpha in Q1
    Photo by MacroPolis

    EconomyBanking

    of 22.8 billion, the majority (15.3 billion) relates to loans, 3.5 billion to pillar II bonds, 2

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  9. PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment

    EconomyMacroeconomy

    Greece’s Manufacturing PMI rose by 2 points to 50.4 in June from 48.4 in May, Markit’s monthly survey showed on Friday. The headline figure for June represents an expansion, albeit marginal, for the first time since last December. It is the highest headline reading since May 2014. The rise

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  10. Credit contraction stays stable at 2 pct in June, net additions for first time this year

    EconomyMacroeconomy

    Greek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures showed on Wednesday. The lending flow turned positive for the first time in 2016 with net additions of 479 million euros in June from deductions of 357 million in May. June additions almost fully

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