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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6 percent from last year’s figure of 1.86 billion, according to the Finance Ministry (MoF) final budget execution bulletin. As we noted in the preliminary figu...
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Deposit inflows increase to 1.1 bln in June
EconomyMacroeconomyThe deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures revealed on Thursday. As a result, the outstanding balance...
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Newsletter 96 - 18/11/2016
by 0.5 percent QoQ and 1.1 percent YoY. Following the Q3 performance, real and nominal GDP remained flat... that GDP will contact by 0.3 percent this year, by 1.4 percent QoQ and by 1.1 percent YoY in Q4. ELSTAT’s... countries’ problems. Instead, he argued that Germany should deal with the challenges at hand
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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammeand underspending on the expense side. Most notably, public investment (PIB) was 1.1 percent of GDP... and the clearing of state guarantees for bank loans, at 1.1 percent of GDP over the next five years... in the report as Greece’s official lenders consider that “legacy risks and challenges remain high
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Newsletter 465 - 06/06/2025
intent by unveiling €1.1 billion in spending, including €600 million allocated to renters, pensioners... of 1.1 billion euros, with 600 million euros directed at a one-off handout to pensioners and the rebate... several challenges and the need for reforms to boost the country’s long-term growth potential. Finance
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Newsletter 201 -21/04/2019
stepped up to recover amounts, the data also revealed that a total of 42,877 debtors (1.1 percent... this matter. BoG report notes challenges to growth Expanding unpaid tax pile puts pressure on middle income taxpayers The Bank of Greece’s (BoG) annual report has outlined a number of challenges
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BoG report notes challenges to Greek economy, issues warning over high fiscal targets
EconomyThe Bank of Greece’s (BoG) annual report has outlined a number of challenges and proposals... and internal challenges to growth were highlighted in the report. Stournaras noted 2019 as a year of potential challenges for Greece because external trade wars could hamper the country’s efforts
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BoG sees sustained growth, argues challenges require wide-ranging policy interventions
EconomyMacroeconomythe central bank highlights the sustained growth of the Greek economy, outlines the challenges and makes... again exceed expectations. The BoG also outlines various challenges that the Greek faces, ranging... challenges in achieving sustainable profitability and addressing non-performing loans. Other
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
Economythe numerous challenges that the pandemic will pose on the Greek economy, public finances and the banking... the climate change challenges, the unfavourable demographics and the large negative international investment position. The BoG suggests that the only way to deal with these challenges is to ensure
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Newsletter 1 31/10/2014
a positive impact of 1.1 billion from the DTA conversion. The results mean that the Hellenic... challenges After passing the ECB tests, will Greek lenders start providing liquidity again? Piraeus Bank... on ECB liquidity support facilities. The challenges Greek lenders face concern obstacles they must
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