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Newsletter 192 -01/02/2019
into force on Friday, February 1. The increase was more than had been expected and above the level... time in a decade to 650 euros per month, from 586 euros currently, effective from February 1... their earnings improving as of February 1. The new minimum wage of 650 euros gross translates into 546
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General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
EconomyMacroeconomyand assets rose by 36 million to 7.31 billion. Declines were registered in interest paid (-801... budget arrears (-29 million). Extrabudgetary fund arrears rose by a slight 1 million euros.... In the other underlying subcategories, T-Bills edged up by 1 million to 15.28 billion (4.3 percent
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Newsletter 340 - 03/06/2022
provocations”, is seen as the most pressing problem by voters: 36 pct say that rising prices..., are evident in the latest PMI release that hit the lowest in over a year at 53.8, down by 1 point..., consumption is seen lower by 1 percentage point and investment down by 2.2 points, leading to a real GDP
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Newsletter 350 - 09/09/2022
this year and turn that into a 1 pct of GDP primary surplus next year. This will require a fiscal... and only around 36 pct is needed for a majority. Whether Mitsotakis decides to go ahead with a second... formation dropped QoQ by 1 pct, the first quarterly drop since the last quarter of 2020
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Polls indicated support for two main parties growing as start of elections marathon looms
PoliticsGreek Politicsin the current iteration, when only valid ballots are factored in. SYRIZA’s backing has risen by 1... of the vote as its support dipped by almost 1 point to 9.8 pct. The undecided voters stand at 12.4 pct... has increased by 4 points to 36 pct, when respondents are asked which party leader they trust most
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In effort to reach new deal, Greek government cannot ignore liquidity constraints
EconomyProgrammebonds will not be eligible for ECB funding purposes as of March 1. This development follows an ECB... with this type of collaterals stood at 21 billion euros at the end of September, according the lenders... and sight recorded inflows of around 1 billion each. However, banking sources stress that outflows
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Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomytime outflows of 4.68 billion, while sight and savings also recorded outflows of 1.9 and 1 billion respectively. The breakdown by depositor type showed that households withdrew 5.4 billion and non... reached 1 billion last week, according to local media. Banking sources had indicated that outflows had
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Greece is gasping for a deal
Agoraratings by one notch to “CCC+/C”. It estimated that the Greek economy has shrunk by 1 percent over... the end of June. Athens has just over 1 billion euros in debt obligations (including another 880... at least some funding. The problem is that Greece and its lenders seem far apart on the type
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Greece’s embattled commercial steel market industry braced for more challenges
EconomyFeaturesand Chinese steel imports to curb the effect of cheap steel on European prices.[1] The fallout from... its case and the ENXE agreed to amend the methods and type of information its members share[9... blamed on price volatility of raw commodities. [1] https://www.ft.com
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Newsletter 98 - 02/12/2016
at the end of September, 1 percent above the target of 106.9 billion, while the respective ratio stood... indicates a new high since May 2015 according to the BoG. The breakdown by depositor type showed... index edged up 1 percent month-on-month to 71.9 in September and stands close to its mid-2002 level
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