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Newsletter 428 - 21/06/2024
to be built “from the bottom up, and not through agreements in dark rooms.” However, he also repeated... to yield results in the form of a drop in inflation, however he acknowledged that the real goal... sheet clean up efforts. Although the loans are now managed by servicers, there are challenges
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Newsletter 78 - 17/06/2016
percentage points in the course of last year to reach 44.2 percent at the end of 2015, up from 39.9 percent at the end of 2014. Based on preliminary figures, the NPE ratio edged up to 45.2 percent... period showed a primary surplus of 2.27 billion, up by more than 50 percent from last year
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Greek trade deficit narrowed 15.4 pct in January
EconomyMacroeconomyto the Hellenic Statistical Authority (ELSTAT). The drop in January shows an accelerated trend compared the decline of up to 6 percent recorded in the preceding three months. September had posted a 27.4 percent rise in the trade deficit. The January movement reflects a drop in imports by 9.4 percent to 3.75
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyfour months showed a double-digit drop over this period. In addition, the average index posted... percent in May. Nevertheless, the latter makes up only a fraction of the total turnover index, thus... a double-digit drop (-14.2 percent). The latter was almost equally split for the eurozone and non
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Greece returns to growth after long recession, GDP figures show
EconomyMacroeconomytime since Q1 2010 recording an increase of 0.7 percent YoY following a drop of circa 4 percent.... The revised historical figures showed that the largest drop in the third quarter economic activity was posted in 2010 with a decrease of 7.5 percent, followed by a drop of 6.7 percent in 2011 and 6.3
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomydigit drop in both exports and imports by 23 and 13.8 percent respectively. In absolute terms, goods... percent. The modest drop in the services’ surplus by 1.6 percent to 2.37 billion is largely due... billion up 27.6 percent YoY. This is primarily attributed to a worsening of the primary
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomyGreece's current account (C/A) balance displayed a surplus of 2.09 billion in August 2015, up... stems from a drop in the goods’ (by 268 million) and primary income (by 109 million) deficits more... account deficit deteriorated by a mere 2.3 million. The breakdown displayed the double digit drop
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Newsletter 79 - 24/06/2016
last year. The improvement largely reflects a decline in the goods deficit, attributed to a higher drop... the travel surplus down by 10 percent to almost 280 million. The negative movement stems from a drop... by 15.3 percent in April, which indicates the fourth straight double-digit drop and the 19th
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Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008
EconomyMacroeconomyof 0.8 percent year-on-year (YoY) after a drop of 0.2 percent in Q1, Bank of Greece (BoG) data... to a fall of 0.3 percent in Q1. Properties up to five years old saw price increases of 0.9 percent... of 2017, the decline in property prices came to an average drop of 1 percent, improving against
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Industrial turnover drops by 2.9 pct in November
EconomyMacroeconomyto a revised drop of 14.3 percent in October, Hellenic Statistical Authority (ELSTAT) data published... a recovery compared to recent months. The performance was led by a 3.4 percent drop in the mining... in the domestic market fell by 5.3 percent. The drop in the domestic market was driven by a fall in manufacturing
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