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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomyrebounded by 1.4 percent. Private consumption makes up around 70 percent of GDP, while has posted a cumulative drop of more than 24 percent since 2008. This mainly results from a nosedive... halved to 11.6 percent in 2014 from 22.7 percent in 2008. EC estimates investments to drop 3.1 percent
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyin the draft budget), a much slower drop in investments of 8.4 percent (from -16.5 percent). In addition... percent before), investments to drop by 3.7 percent (from growth of 4.5 percent previously..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate
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Newsletter 66 - 11/03/2016
and to 187.1 percent in 2017. Govt eager for refugee issue solution Continuous build-up of people... is making ready with the help of the army. This continuous build-up of people remains the biggest... 2012. Consumer prices drop The Consumer Price Index (CPI) fell by 0.5 percent in February after a 0.7
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CPI drops by 0.9 pct in August
EconomyMacroeconomy. In contrast, the harmonised index of consumer prices (HICP) edged up for the third straight month... eased 0.1 percent, following a drop of 0.9 percent in the previous month. The movement in August... in hotels, cafes and restaurants also edged up 1.5 percent in August. ELSTAT noted that prices
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Newsletter 98 - 02/12/2016
by 1.8 percent year-on-year (YoY) in Q3 from a downward revised drop of 0.5 percent in Q2. The key... in the anticipated drop in bad loans. The BoG report also revealed that NPEs fell to 106 billion... outflows of 379 million in the previous month, leading balances up to 124.63 billion in October, which
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomycontraction in Q4 mostly reflects a drop in general government consumption by 2.1 percent and in exports... YoY from growth of 1.8 percent recorded in Q3. Overall, nominal GDP edged up 0.1 percent in 2016... percent QoQ and 2 percent YoY leading final consumption expenditure down 1.1 percent QoQ and up 0.6
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Newsletter 140 -17/11/2017
-month period point to net hirings of 167,451, up by 5,256 from last year’s figure of 162,195... of the total, the lowest for the year so far. Part-time and shift work made up 47.8 percent and 14.5 percent... of 167,451, up by 5,256 from last year’s figure of 162,195. The number is the highest reading
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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 9.45 billion euros across 2019, up... which came to 6.99 billion and showed a drop of 337 million. Interest paid fell by 262 million euros to 4.56 billion euros. A small drop of 23 million euros was seen in social benefits, which came
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Newsletter 270 -23/10/2020
and undermining compliance with the prevention measures. Revised data shows GDP up by 1.9 pct... with another issue, the favourable market conditions that have shaped up as a result of the ECB’s asset purchase programme made up the mind of the Greek authorities to lock in the record low borrowing costs
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Newsletter 311 - 08/10/2021
by the end of the year. Combined with the precipitous drop in GDP in 2020, pushed up the debt-to-GDP... of 23.4 pct and exports to rise by 11.1 pct. On the other hand, public spending will drop by 2.8 pct... to rise by 2.7 pct, leading to a drop in the unemployment rate from 16 pct to 14.3 pct
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