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  1. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...

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  2. Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...

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  3. Buying time: The delayed crisis of democratic capitalism - a review
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    originating in the USA in 2007/08. Ever since, according to Streeck, governments inside and outside... Easing I, II, III by the Federal Reserve in the USA and various liquidity facilities (e.g. abbreviated.... This modus operandi changes the mandate and legitimacy of central banks in the USA, the euro area, the UK

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  4. Travel receipts increase 16.2 pct in Feb as arrivals shoot up by 56.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    percent) and Germany (+32.5 percent). On the flipside, Russia and USA recorded a drop in incoming tourist... by the UK (+52.4 percent), Germany (+30.7 percent) and USA (+24.8 percent). In contrast, arrivals... drop (-0.4 percent), while those from Russia and USA plummeted 42.7 and 53.9 percent respectively

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  5. Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in arrivals from France (+139.7 percent) followed by the USA (+84.3 percent), Germany (+45.6 percent... of inbound tourist activity showed strong growth rates from France (+94.2 percent), the USA (+49.7... marked performance was recorded by France (+39.7 percent) followed by the USA (+32.9 percent

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  6. Trade after Brexit: How Greece and the EU will be affected

    Agora

    as a whole appears to be the most important trade partner of the UK, far surpassing second-placed USA... of 1999-2015, accounting for more than 51% of UK's total global trade. To paint the picture, the USA... of imports. The USA followed with over 100 billion pounds of exports and almost 61 billion pounds

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  7. Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    Australia, Canada and the USA visited an average of 1.9 to 1.7 regions per visit. The expenditure per... with 831 million euros, followed by the United Kingdom (498 million euros) and the USA (383 million... for Greece in 2018, based on revenue generation, were Germany, United Kingdom, USA, France and Italy

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  8. Economic sentiment slips to 89.7 in May, consumer confidence rebounds to -71.9

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 0.6 points in May after increasing in the preceding two months, European Commission (EC) data showed on Monday. The ESI has hovered around the 90-point mark..., when ESI also fell below the 90-point mark. From its recent low of 76.1 last August, the current ESI

    9%

  9. Economic sentiment at 113.2 in Feb, strong improvement in services and retail
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) rose by 3.7 points in February to reach 113.2 points, European Commission (EC) figures showed on Thursday. The EC noted that the ESI figures have been historically... (EEI). This indicator has been designed to complement the growth-related focus of the ESI

    9%

  10. Economic sentiment on up again after 4.2 pt rise in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday. ESI... reported in January is the highest of the series. Over the rolling 12-month period, the ESI has

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