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  1. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    million. Furthermore, total deposits – including euro and non-euro area residents – marginally rose... sentiment. Furthermore, a large part of total deposit outflows of 89 billion until June 2012 should... data. This corresponds to a total stock of 66 billion loans that are past due for more than 90 days

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  2. General gov't cash surplus widened to 2 bln in January

    EconomyMacroeconomy

    mainly due to repayments the stock of arrears resumed an upward trend in January. Total state... of outstanding arrears comes from social security funds, which account for 2.81 billion (58 percent of total... also rose by 100 million month on month to 790 million euros and account for 16 percent of total

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  3. Slight rise in deposits for March but outflows at 2.2 bln for 2014

    EconomyMacroeconomy

    offsetting savings outflows of 294 million. Since the beginning of this year, total outflows stand at 2.21.... In contrast, time deposits showed inflows of 1.28 billion for the year to date. Total deposits... positive flow of 1.27 billion and 816 million respectively. The total amount of deposits that have

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  4. Greece lays out plans for debt relief from eurozone
    Photo by MacroPolis

    EconomyProgramme

    , corresponding to 23.7 percent of total debt. Of this amount, 27.7 billion relate to Eurosystem holdings... Bills) and is mainly held domestically by banks. In total, the official sector corresponds to close... 50 bps to 1 percent constant for the next 50 years could result in total savings of 25 billion

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  5. Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
    Photo by MacroPolis

    Economy

    of total employment). The long-term target points to 389,000 jobs by 2024 implying an increase... two years. Nevertheless, its share of total travel spending remained relatively low at 5.2 percent.... For 2014, SETE expects total arrivals and receipts at 18.5 million and 13 billion euros respectively

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  6. General gov't primary cash surplus to April at 1.69 bln

    EconomyMacroeconomy

    of total debt. Long-term bonds were at 77.48 billion (23.6 percent of total) and T-Bills at 14.98 billion... for bank, which stood at 49 billion euros at the end of April and accounted for 70 percent of total

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  7. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    , corresponding to more than two thirds of total debt, while long term bonds stood at 68.16 billion (21.2 percent of total) and T-Bills at 14.98 billion (4.7 percent). Guarantees In addition, the stock of gg..., which amounted to 46.25 billion at the end of May. April and accounting for 70 percent of total

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  8. Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
    Photo by Harry van Versendaal

    Society

    , with the respective share to total houses increasing to 12.3 percent in 2012 from 9.9 percent... enjoyed the highest share at 22.3 percent of total. This almost halved to 12.2 percent in 2012... people (with age higher than 65 years) to the total population rose to 20.1 percent in 2012 from 18.7

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  9. Greek central government debt rises to 322.4 bln in Q2

    Economy

    percent of total in Q2 from 66.1 percent in Q1. Long-term bonds amounted to 68.03 billion (21.1 percent of total from 23.2 percent) and T-Bills to 14.97 billion (4.6 percent). Following the last eurozone and International Monetary Fund (IMF) tranches paid within Q2 2014, total disbursements from

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  10. GSEE report stresses risks on employment and the pension system, outlines burden on wages

    Society

    of employed being reduced by 20 percent. The report also stresses that the total reduction in the unit... with its share to total employment at 20 percent from less than 6 percent before. This is more pronounced in new hirings, where flexible forms of work accounted for 46.4 percent of total in 2013 from 21

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