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  1. Accelerated drop in energy drives import prices down by 2.4 pct YoY in Aug
    Image via www.helpe.gr

    EconomyMacroeconomy

    Greece’s import price index remained in contraction in August, with a drop of 2.4 percent year...-eurozone market, and a 0.2 percent drop from the eurozone market. Refined petroleum products dropped.... The monthly movements were led by oil and gas with a 6.1 percent drop, electricity down by 5.8 percent

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  2. Sharp drop in oil costs drives 5.4 pct YoY decrease in import prices
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s import price index accelerated its contraction with a drop of 5.4 percent year-on-year... percent rise. Month-on-month, the index decreased by 1.5 percent, from a drop of 0.4 percent... from the non-eurozone market, and a 0.2 percent drop from the eurozone market. Refined oil products

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  3. Greece agrees package of measures with IMF, eurozone to seal review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    difference for all current main pensions, with the resulting drop in an individual pension limited to 22 percent. This ceiling is currently under discussion with the institutions. If the resulting savings... to be reduced. The weighted average drop in main pensions stands at 9 percent, a Labour Minister official

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  4. Newsletter 224 -18/10/2019

    Newsletters

    , which is the scheduled agreed commitment horizon, and then it would drop to 3 and 2.8 percent... that the majority of the spending ceiling savings will come from the purchase of goods and services... statement. The total for central bank funding comes to 7.51 billion, fully reflecting a drop of 700

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  5. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    in September was split between a drop in the Emergency Liquidity Assistance (ELA) funding by 1.58... the ECB decided twice in September to reduce the ELA ceiling for Greek banks by 0.6 and 0.2 billion...) in exchange for its participation in their first recapitalisation. Following the drop in both and ELA

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  6. Eurosystem funding down by 2 bln in Oct for fourth straight fall

    EconomyMacroeconomy

    , when it eased by 2.01 billion euros from a 2.67 billion drop in September, the Bank of Greece's (BoG... billion. This represents the second consecutive drop and reflects the return of Greek banks’ repos...’ ELA ceiling was cut twice by the ECB (on September 3 and 17) and by 1 billion euros each time

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  7. Newsletter 66 - 11/03/2016

    Newsletters

    liquidity assistance (ELA) ceiling for Greek banks stable at 71.4 billion. This was the first time... 2012. Consumer prices drop The Consumer Price Index (CPI) fell by 0.5 percent in February after a 0.7 percent drop in January. However, the harmonised index of consumer prices (HICP) rose by 0.1

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  8. Eurosystem funding down by 535 mln in April, ELA falls for second straight month
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    the drop of 535 million euros in April is the lowest in this series, Bank of Greece's (BoG) monthly... on March 23 to increase the ELA ceiling by 400 million euros to 46.6 billion for the first time since.... Almost two thirds of that marked drop (44.67 billion) relates to lower reliance on ELA funding

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  9. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    expected as the ECB had decided on May 18 to reduce the ELA ceiling for Greek banks by 1.2 billion to 45.3..., mainly reflecting a drop in the ECB funding by 6.73 billion, as Greek banks replaced this type... programme was agreed, with almost two thirds of that marked drop (46.07 billion) related to lower

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  10. Newsletter 253 -12/06/2020

    Newsletters

    and by gradually raising the ceiling on the T-bills rollovers. The latest OECD economic outlook... sales drop by 49.1 pct in May Aggregate decline comes to 34.9 percent Road motor vehicles going into circulation for the first time fell by 49.1 percent in May, softening compared to a sharper drop

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