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Episode 7 - A Euro2004 retrospective
AgoraUsually, The Agora podcast is dedicated to analysing the latest political, geopolitical, economic and even social developments affecting Greece. In this episode, though, we have gone in a different direction. Sixteen years on from one of the greatest up...
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Jobless rate grows marginally to 12.6 pct as youth unemployment drops by over 7 points
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate pushed up marginally in July to 12.6 percent, from an upwards revised 12.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In July last year, the unemployment rate wa...
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Current account deficit improves significantly in 9M, falling to 7 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 408.8 million euros in September, from a surplus of 1.1 billion euros in August, Bank of Greece (BoG) data released on Thursday showed. In September 2024, the balance showed a deficit of 486 million euros. ...
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyare now estimated to reach 10 billion in the baseline and 4 billion in the adverse scenario compared... shows 3) Interest payments of 17.8 billion 4) Arrears clearance of 7 billion 5) Cash buffer... of 2.5 billion (versus 1.5 billion projected by the IMF) 7) General government cash surplus of 6
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingprofit of 7 million euros seen in Q2. This carried over into a bottom-line result representing a loss... in administrative and employee costs by 7 percent and 2 percent, respectively - branches have been reduced by 8 percent and employees by 7 percent year-on-year. Impairment losses rose by 20 percent QoQ to 312
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EU elections in Greece: Applying a different scale of values
Agora, with SYRIZA’s defeat marking the end of its stint in power (to be confirmed in the July 7 national elections... or obsessions. His challenge, should the centre-right party win the national elections on July 7... of what New Democracy wants to do at closer to 10 billion euros and suggested that the opposition party’s
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Newsletter 209 -07/06/2019
7 vote In what will probably be its last act as a government, SYRIZA was due to adopt legislation... almost 10 points behind New Democracy. The move is clearly designed to put New Democracy in a tight spot ahead of the July 7 vote, possibly resulting in a situation where SYRIZA can argue
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Mitsotakis aims to pass key legislation in Sept if ND wins elections
PoliticsGreek PoliticsIf New Democracy wins the July 7 elections, Kyriakos Mitsotakis plans to table his first key bills... representation system adopted by SYRIZA being implemented at the next election (after July 7). ND also wants... 12 and Greek Solution 10. According to Marc, once the undecided voters are factored in, New Democracy
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingof 7 billion euros. P&L New loan disbursements came to 3.5 billion in the first six months... to the market volatility. Operating expenses fell by 10 percent YoY on a like-for-like basis and came to 452.... Other impairments stood at 18 million compared to 7 million in Q2 2019. Balance Sheet Eurosystem funding
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Despite pledges, Greeks uncertain and feel recovery will take years
Societypercent are disappointed, 13 percent are stressed, 10 percent feel ashamed, 7 percent are saddened... troubles will soon come to an end. According to the Public Issue poll, just 7 percent of Greeks... it will be 10 years or more before Greece recovers. It is hardly a surprise, therefore, that the 70 percent
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