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EC sees lower growth in 2017 but no concerns for fiscal targets
EconomyMacroeconomyimprovement in sentiment levels not seen in years, coupled with a very strong tourism season, will boost
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Newsletter 139 -10/11/2017
improvement in sentiment levels not seen in years, coupled with a very strong tourism season
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Fall in apartment prices continues with slower decline of 0.6 pct in Q3
EconomyMacroeconomycontraction after two strong months of growth. Overall, building permits have plummeted by around 87
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Newsletter 140 -17/11/2017
poll for Dimokratia newspaper suggested there is strong support for the government’s decision
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Gennimata handed task of transforming PASOK into broader centre-left alliance
PoliticsGreek Politicsthe prospective alliance in a strong position after the next elections, especially if New Democracy, which
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Industrial turnover falls by 0.8 pct in Sept, down for first time since Oct 2016
EconomyMacroeconomyterritory. Strong increases in the preceding months pushed the 12-month trailing index up by 11.2 percent
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Broad support in Parliament for handouts amid mixed signals from polls
PoliticsGreek Politicsby the heavy tax burden rather than a strong performance from the economy. It shows that 86 percent
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Deposit inflows of 1.04 bln in October for banks
EconomyMacroeconomybasis, flows stayed positive for a third month and came to 2.91 billion euros, a strong increase
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingthat the current NPE formation trends being observed in Q4 were strong too. Due to write-offs the NPE
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November PMI at 52.2 as new business growth hits 45-month high, hirings reach 18-year peak
EconomyMacroeconomyGreece’s Manufacturing PMI marginally increased by 0.1 points in November to 52.2, with the index remaining above the 50-mark threshold for the sixth consecutive month. Markit’s PMI data indicated there is an ongoing improvement in operating conditions in the manufacturing sector, driven by strong
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