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November current account deficit at 1.41 bln as import value outstrips exports
EconomyMacroeconomybalance was driven by increased imports, which offset the benefit of exports growing during the same... assets showed a rise of 382 million in November. The BoG noted that during the month, the most notable...-residents' holdings of Greek government bonds and T-bills. During the aggregate period, residents
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Name deal approved as Tsipras and Mitsotakis look ahead to political impact
PoliticsGreek Politicsbe stepping down as an MP and handing his parliamentary seat back to the nationalist party. During Thursday... is a difficult and sad day for Greece.” He repeated a comment he made during his speech in Parliament... coming to power and listed the government’s failings during that time. Mitsotakis called on voters
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December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomy. The travel balance deteriorated during December, with the surplus falling by 45.6 percent... in December. The BoG noted that during the month, the most notable transaction was the participation... due to a decline of 166 million in non-residents’ holdings of Greek government bonds T-bills. During
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeadverse incentives that have severely damaged households’ payment culture during the crisis... framework. During this two-month extension, a new scheme was set out. Its main principle is to offer... for protecting primary residences. It was not clear if the Commission’s concerns were also taken on board during
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Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
EconomyMacroeconomyThe nominal value of apartments in Greece during the fourth quarter (Q4) of the year showed a rise of 2.5 percent year-on-year (YoY) Bank of Greece (BoG) data showed on Tuesday. According to revised... in October. During the first 11 months of the year, permits issued rose by 11.9 percent to 14,118. During
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Newsletter 200 -29/03/2019
on sharing the benefits of the recovery with those who suffered most during the crisis. On Wednesday... for protection. The new framework will be promoted by the government during the months to come.... New Democracy said that it would support the new legislation during the “in principle” part
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Central bank points out signs of recovery in business lending
Economy. Increased economic activity during 2018 supported the demand for credit by businesses in certain sectors.... Local lenders surveyed by the BoG say that during 2018 the demand for credit accelerated primarily... of the main problems in doing business for most of the firms. However, the figure during the 2018 survey came
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Turkey strengthens East Med claims as Greece, Cyprus seek EU support
PoliticsForeign Policythis is not possible before a political resolution of the Cyprus issue. During Friday's meeting, a representative... to be discussed during a meeting Foreign Minister Giorgos Katrougalos with his Turkish counterpart... to keep up the pressure on the EU during the next council meetings in May and June for a more robust
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Leaders present voters with stark choices as campaign reaches climax
PoliticsGreek Politics. I believe that it could be good to avoid a four-month period during which the country... dilemma during his speech in Thessaloniki on Wednesday night, playing on the theme SYRIZA has established during this campaign of the “many” against the “elite.” He labelled New Democracy’s economic plan
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No late rally for Tsipras
Agora2015 and New Democracy’s backing increase by more than 5 points (from 28 percent) during the same... that backfired during the campaign for the European Parliament elections, which was fought more like... given the high level of polarisation between New Democracy and SYRIZA during the campaign. SYRIZA lost
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