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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingstrong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding
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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammeas a result of strong external demand that led to net exports being the main driver of growth during
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Newsletter 193 -08/02/2018
of strong external demand that led to net exports being the main driver of growth during the first nine
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Car sales rise by 9.2 pct in January
EconomyMacroeconomywith strong tourism figures and the gradual replacement of old cars, market sources have noted in the past.
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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek Politicsthat did not adhere to basic banking principles. Attica Bank also attracts strong scrutiny
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January deposit movement negative by 1.55 bln
EconomyMacroeconomyNet deposit movement in the Greek banking system was negative in January with outflows of 1.55 billion compared to strong inflows of 3.15 billion in December, Bank of Greece (BoG) figures revealed on Wednesday. The current month’s flow is the most negative reading since January last year when
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EC report notes economic imbalances and outlines remedies
Economya strong constraint on the deleveraging process, the report noted. Improvements have been seen
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Newsletter 196 -01/03/2019
compared to strong inflows of 3.15 billion in December, Bank of Greece (BoG) figures showed this week
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Athens aims to wrap up legislation on foreclosures and issue 10-year bond
EconomyProgrammeinvestors is strong. The government is hoping to build on Moody’s recent decision to upgrade Greece
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Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
EconomyMacroeconomythe gradual a strengthening of property price recovery with strong interest coming from overseas
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