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  1. Xi's visit carries promise of closer Sino-Greek political, economic ties
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    with Beijing. A total of 16 agreements were signed, ranging from MoUs on the export of Greek saffron and kiwi... and Central and Eastern European countries, known as the “17+1” (17 CCE countries plus China). The next leaders’ meeting for the “17+1” is in April and Mitsotakis is expected to attend the gathering

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  2. Despite differing views IMF and EC see no immediate debt sustainability concerns
    Photo by MacroPolis

    EconomyProgramme

    , the IMF notes that 80 percent of the total is held by the official sector, although as official... percent, from 1 percent in March 2019, with short term growth seen 2.1 percent on average in 2019-2020... balance is expected to be 1 percent of GDP lower in 2019-2025 in the IMF’s view, reflecting the Fund’s

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  3. APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs

    EconomyBanking

    of the securitisation, once 50 pct+1 of the junior notes have been sold to private investors and a satisfactory... is slightly more relaxed than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior... in the end of December 2018. Out of this total, 22.83 billion are considered doubtful collection, while

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  4. Travel balance more than double in Feb as arrivals increase by 24.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    also increased by 1 percent and came to 166.7 million. Foreign arrivals increased by 24.6 percent... from Russia declined by 42.5 percent to 4,900. In total, arrivals from the EU 27 countries rose... of 59.3 percent YoY. Average expenditure per trip rose by 1 percent to 370.9 euros in the aggregate

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  5. Contribution made by privatisations to GDP since 2010 underlined in new study
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    found that privatisations added 1 billion euros annually to Greece’s GDP over the period in question... be attributed to privatisations, suggesting that for each 1 euro of privatisations revenue an added 1.02... development was provided as an illustration. The plan foresees investments with a total budget of 621

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  6. Greece's post-lockdown hubris
    Photo by MacroPolis

    Agora

    . On August 1, the 7-day average of new daily cases exceeded 50 for the first time since the height... outlets. A total of 20 million euros was spent on Covid-19 awareness campaigns to promote the “stay... by the opposition and civil society groups, however one calculation suggested that only 1 percent of the money

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  7. Microsoft deal welcomed as Greece vies for more foreign investments
    Photo via https://flic.kr/p/2dqKrWG

    EconomyFeatures

    benefits of around 1 billion euros. According to reports, the initial investment from Microsoft will be around 500 million euros, while the project's total footprint could reach 1 billion euros... and increase the share of ICT specialists to 2.3 percent of total employment, adding extra value of 1.1

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  8. Greece persistently bottom of the list for EU gender equality
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    gender equality. The Index uses a scale of 1 to 100, where 1 represents total inequality and 100 represents total equality. The scores are based on the gaps between women and men and levels

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  9. Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
    Photo by MacroPolis

    EconomyBanking

    to 13.3 billion euros. The total NPE stock came to 21.3 billion euros. Pro forma for the 10.8.... Balance Sheet At the end of March, Eurosystem funding increased by 1 billion euros QoQ to 12.9... Equity Tier 1 (CET1) ratio stood at 16 percent, a drop of 125 basis points from the previous quarter

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  10. Labour compensation and productivity in the EU-27 and Greece
    Photo by Giannis Papanikos/Fosphotos

    Agora

    measures need to be the same as real GDP for the entire economy.[1] Gross value added, as measured... the government “produces” in total. It can thus be that if the government decides to give all civil servants... is senior policy advisor at ELIAMEP. [1] A third measure of real GDP is from the “aggregate demand

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