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Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln
EconomyMacroeconomyfinancial aid of 212.7 billion euros in total. Of this 52.9 billion relates to the Greek Loan... residual maturity of total debt stock edged up to 16.67 years at the end of June, which... 80 percent of total, almost entirely due to the FSM loans’ maturities, while the remainder
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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingFollowing the notable rise of 11.3 percent in the second half of 2015, the total number of payment... effectively, the BoG said. At the end of June 2016, debit cards made up 81 percent of total payment.... More importantly, the total value of card transactions fell by 6.7 percent to 26.21 billion
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UN steers clear of Cyprus blame game as focus moves to hydrocarbons
PoliticsForeign Policyof the puzzle actually coming on the table… we were not able to stitch it together to a total deal.” Eide... in mind. Nervy Turkey Total's West Capella drillship arrived and began its work on July 12... of blocks 1, 6 and 7 of Cyprus’ EEZ, to the west and southwest of the island. The effective dates
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Capital controls to ease further from the beginning of September
EconomyMacroeconomy, or 1,680 across a total of 28 days. Additionally, from September 1, it will be possible to withdraw up to 50 percent of the total amount of funds transferred from overseas to existing accounts... September 1 as part of government moves to further relax the capital controls in place since 2015
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Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
EconomyMacroeconomyby 1 percent year-on-year to 319.8 euros. Travel receipts from the 28 European Union (EU 28) countries... those from the US increased by 19.5 percent. In total, arrivals from the EU 28 countries fell by 10.1... to 1.92 billion, which led the overall travel surplus to rise by 13.2 percent and land at a total
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Unemployment rate stable at 21.2 pct in Q1
EconomyMacroeconomyunemployed (over 1 year) declined for a fifth continuous quarter to 684,600. Out of the total, long-term... in those employed by 12,573, bringing the total for employed to 3.7 million. The absolute number of unemployed fell below the 1 million mark for the first time since Q3 2011 in Q3 2017, but has since gone
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Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomy-on-quarter, taking the figure to under 1 million for the first time since Q3 2017. This was combined with a rise of 136,635 in those employed, bringing the total to 3.9 million. The largest increase... declines. The number of long-term unemployed (over 1 year) declined for a sixth continuous quarter
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Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
EconomyMacroeconomyarrivals, coming to a total of 6.1 million visitors for the month, although the average expenditure per... from Russia fell sharply by 32.2 percent to 96,700. In total, arrivals from the EU 28 countries rose... percent YoY to 10.35 billion euros. Average expenditure per trip edged down by 1 euro, or 0.2 percent
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Unemployment rate declines to 18.3 pct in Q3
EconomyMacroeconomy-on-quarter, keeping the figure under 1 million for a second consecutive month, and coming to around 871,800. This was combined with a rise of around 33,800 in those employed, bringing the total to 3.9...) rose slightly to 20.6 percent in Q3 from 20.3 percent in Q2. The number of long-term unemployed (over 1
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Unemployment rate inches up to 18.7 pct in Q4
EconomyMacroeconomy9,300 quarter-on-quarter. The number of unemployed came to around 881,100 in Q4, staying below the 1... in those employed, bringing the total to 3.8 million. The largest increase in employment in Q4 compared... percent in Q4, unchanged from Q3. The number of long-term unemployed (over 1 year) declined
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