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Credit growth stays strong at 10.3 pct YoY in Mar due to corporate lending
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in March, rising by 10.3 percent year-on-year (YoY), from 10.5 percent in the previous month, Bank of Greece (BoG) figures released... in February, with strong inflows over the last few months. The outstanding balance was 124.7 billion
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Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in April, rising by 10.9 percent year-on-year (YoY), from 10.3 percent in the previous month, Bank of Greece (BoG) figures released... billion euros in March, with strong inflows over the last few months. The outstanding balance was 124.52
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PM touts strong economy and housing measures but voters focus on everyday worries
PoliticsGreek Politics. New Democracy maintains a strong lead in opinion polls, but large segments of voters have been underwhelmed by the government’s economic measures to date and express strong support for the farmers
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Athens braces for Erdogan bargaining at NATO summit
PoliticsForeign Policywas spying for Athens. On Saturday, Turkish authorities reportedly arrested a man named Mohamed Amar
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Who’s afraid of Angela Merkel?
Agoradecision to end the use of nuclear power in Germany removed the biggest obstacle for a black-green coalition. However, after having failed to get more than 10 percent in the elections, the Green party... for the SPD and the Green Party to say yes to her. However, the Germans are not known for their readiness
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Onus on Athens to speed up review after German election result
PoliticsGreek PoliticsGerman Chancellor Angela Merkel’s CDU/CSU (33 percent) with the FDP liberals (10.7 percent) and the Green... to Greece’s plight and have favoured a debt relief deal. Earlier this year, the Green Party argued..., it is not right,” Sven-Christian Kindler, budget policy spokesperson for the Green Party, said at the time
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Mitsotakis returns from Berlin with warm words but no encouragement on fiscal front
PoliticsGreek Politicsdelegation also presented an ambitious economic transformation plan centred on the green economy. The plan... ten-year “green development plan” to be launched at the forum, with the aim of catalysing investment from across Europe in green technologies. The meeting also covered geopolitics and bilateral
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An unsettling role-reversal for Greece and Germany
Agoraloses a strong advocate within Germany for debt relief, although the SPD’s effectiveness in shaping... Grexit as an option during the campaign, made a strong return to frontline German politics. The 12.6... plight and have favoured a debt relief deal. Earlier this year, the Green Party argued that Berlin
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Newsletter 229 -22/11/2019
of 3.5 percent of GDP in 2020. The EC has an overall favourable view of its cooperation with the new... will push the economy up by 2.3 percent in the EC’s view, which is under the 2.8 percent forecast... a long-term view, assessing the picture until 2060. It assumes that Greece will comply with its
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Greece and the euro: The flight of Icarus
Agorastruck in 2008, Greece was woefully unprepared. Karamanlis took the narrow view that this would... Mechanism (ESM) – a permanent crisis fund – has been given the green light, stricter budget rules... green shoots of a slow recovery. From Greece’s perspective, it must continue with structural reforms
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