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Newsletter 238 -07/02/2020
their books by securitisations that use about 12 billion euros of state guarantees... gross book value of 12 billion euros. Up to 3.7 billion euros in guarantees will be used by the bank... that it plans to leverage the Hercules mechanism for more than 6 billion euros-worth of loan
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PM seeks fine balance as he prepares to unveil latest set of fiscal measures
PoliticsGreek Politicsin Thessaloniki on September 12, although the government is trying to lower expectations about what the public..., for instance, will be watching closely to see what Mitsotakis announces on September 12 and whether... deficit that is expected to reach 6 pct of GDP this year. The budget will be based on the adverse scenario
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Newsletter 288 - 12/03/2021
the impact from Covid-19, and 6 percent in 2020, converging to the European average. Net interest income..., Hellenic Statistical Authority (ELSTAT) figures showed. The average CPI for the rolling 12 months... increase marks 12 consecutive quarters of YoY property price increases. The rise in the nominal value
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policynational zone in the Ionian Sea to 12 nautical miles was highly important, coming just a year after... remain at 6 nautical miles, including when measured from the mainland. This position is completely different than 10 years ago, when Ankara accepted the possibility of an extension even up to 12
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First positive reading for building activity in 6 months after 1.2 pct rise in May
EconomyMacroeconomyThe number of building permits issued in Greece rose by a modest 1.2 percent in May, after a nosedive of 36.5 percent in April, according to the Hellenic Statistical Authority (ELSTAT). The increase in May surface and volume was more pronounced at 10.2 ...
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Newsletter 6 - 5/12/2014
Greece mulls extension Three scenarios emerge regarding duration and form of bailout prolongation Following an exchange of emails without any sign of an imminent agreement with the troika on the key pending issues of the drawn-out review, some kind of e...
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Wages index improves by 2.7 pct in Q3 for highest rise in almost 6 years
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index posted an increase by 2.7 percent in the third quarter (Q3) of 2015 after a drop of 2.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The Q3 rate represents the highest readi...
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Episode 6 - Greece's rugged media landscape
AgoraIn this episode of The Agora podcast, we're taking a closer look at the Greek media landscape. We'll be asking why the public has little trust in the country's media and examining what difficulties a local independent outlet faces as it tries to upset t...
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Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time fell by 24.7 percent in June, softening compared to a sharper drop of 49.1 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In June 2019, the year-on-year chan...
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Where is Odysseus? Part 6 - Potential real GDP
AgoraAs in our previous five monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous economy. He is seeking to navigate the winds of a high debt...
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