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State braces for losses as bank divestment plan is put into action
EconomyBankingOctober 6, although it is not expected to upset the outcome of Eurobank eventually buying back the small
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Newsletter 396 - 06/10/2023
backing is up to 6 pct. On the local front, apart from a clean sweep of the 13 regions, New Democracy
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Deposits reach highest since May 2011 with 2.23 bln rise in Sep
EconomyMacroeconomybillion euros, while redeemable at notice decreased by 6 million to 1.69 billion and other deposits were
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SYRIZA poll nosedive spells more trouble for Kasselakis
PoliticsGreek Politicsnot place Kasselakis on the political spectrum, with only 6 percent identifying him as left-wing
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NBG's NII rises by 73 pct to 1.64 bln in 9M
EconomyBanking) increased 73 percent YoY to 1.64 billion. Net fee income increased by 6 percent to 273 million euros
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Trade deficit to Sep drops by 18.1 pct, exports struggle with 6.4 pct decrease
EconomyMacroeconomythe value of oil products and ships, the aggregate deficit was down by 6 percent, at 18.63 billion
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Kasselakis aiming to bounce back as SYRIZA continues to take hits
PoliticsGreek Politics). This gap was reduced to 6 points in the second elections, in June, and based on Pulse’s projections
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Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
EconomyMacroeconomymonthly movement was down by 0.8 percent. Compared to September 2022, automotive fuel was down by 6
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Nov headline CPI at 3 pct, food price inflation three times higher
EconomyMacroeconomypct annually, while natural gas dropped by 53.2 pct. Heating oil was up by 6 pct. The combined
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Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution
EconomyMacroeconomyrevenues were 6.39 billion, 6 million below the revised target. Property tax revenues amounted
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