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Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
EconomyMacroeconomyremained flat, mainly reflecting the negative growth in August. In terms of travel receipts per country... is expected in 2015. This year TUI visitors reached about 2 million. Speaking at the SETE Annual Conference
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Eurobank reports loss of 186.6 mln in Q3
EconomyBankingoperations. In particular, loan spread in Greece showed a marginal increase of 2 bps to 4.49 percent, while... cost cutting in Greece (-4.9 percent), while international expenses remained flat in the quarter
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Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBankingin the right direction, while the strengthening of the balance with 2 billion provisions in Q3 facilitates... percent in Q3 from 107.9 percent in Q2. Eurosystem funding remained flat QoQ for the second successive
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Greek deflation eases slightly to 1.2 pct in November
EconomyMacroeconomyrate of 2.9 and 2 percent respectively. The harmonised CPI displayed a similar trend in November... and communication, remained almost flat YoY. In contrast, the sharpest drop in prices was posted
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomythe full-year target of 52.8 billion. Although December revenues are seasonally high (2 billion... of 1.09 billion within 2014. Tax refunds remained broadly flat month on month in November
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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomyconsumption remained flat QoQ and rose 1.6 percent YoY in Q1. Last year, household consumption had... growth to 2 percent in 2015 accelerating to 3.6 percent in 2016. 2015 outlook The new government
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Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
EconomyMacroeconomyand were almost flat on Tuesday, as depositors became less nervous amid optimism for reaching... funding purposes. 2) Extended deposit withdrawals of 37.6 billion (31.5 billion from the private sector
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomyin May from 2 percent in April. The headline figure for May indicates the lowest drop since November.... Balances landed at 69.13 billion with net deductions flat MoM at 219 million. Consumer credit contraction
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July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomyand 204 million respectively. The breakdown by segment showed the corporate lending was flat year... in the course of the year, while the cumulative net deductions in the 7-month period exceed 2 billion
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Newsletter 68 - 01/04/2016
and cosmetics (+0.5 percent). January’s slip in retail sales was fuelled by a drop in petrol prices. 2... fall flat on their faces, SYRIZA leader Alexis Tsipras somehow thought it would be a good idea
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