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Newsletter 249 -08/05/2020
protests on Wednesday night in central squares around the country, including the main cities of Athens
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomy(20.1 percent). Debt Central government gross debt rose by 4.83 billion euros month-on-month to 361.83
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Building permits increase by 64.3 pct in February
EconomyMacroeconomy). The smallest rises were seen in the Ionian islands (+33 percent), central Greece (33.3 percent
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Newsletter 250 -11/05/2020
underlying subcategories. Central government gross debt rose by 4.83 billion euros month-on-month
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Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 2.62 billion euros in the first four months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year showed a surplus of 1.18 billion euros. The overall cash balance
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek PoliticsOpposition parties have criticised the government’s latest package of measures to support the economy, suggesting that it is too weak an intervention and will lead to wage cuts for many employees. One of the central pillars of the package announced by Prime Minister Kyriakos Mitsotakis earlier
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Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBankingfor Eurosystem funding is made up fully of European Central Bank funding. As at the end of Q1
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ECB boost for Greek debt as authorities ponder new market foray
EconomyGreece was buoyed by the European Central Bank on Thursday, following its announcement that the emergency pandemic purchase programme (PEPP) will be extended beyond the end of 2020. This means it will run for another year, until June 2021, and its size will effectively double to 1.35 trillion euros
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Rise in new Covid-19 cases raises alarm on eve of reopening to tourism
PoliticsGreek PoliticsQatar, while two clusters detected in central Greece were traced to recently arrived travellers who
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomyduring the month, followed by SSFs (20.3 percent). Debt Central government gross debt fell by 786 million
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