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General govt primary cash deficit of 12.55 bln in December, arrears drop by 345 mln
EconomyMacroeconomywith a drop of 154 million euros. This was followed by tax refunds (-71 million), local governments (-44... refunds made up the majority of the arrears in December. Debt Central government gross debt rose by 3.24... of 3.29 billion euros in repos which came to 35.36 billion in December and made up 9.5 percent
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Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
EconomyBankingand the NPE clean-up in the form of loan securitisations and sales. Excluding one-off items, the pre... items PPI was 1.05 billion euros, up by 10 pct year-on-year. Net interest income (NII) came to 1.41... 90 million euros in 2020. Total operating expenses stood at 933 million, a drop of 14 percent YoY
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Building activity down 15.2 pct in Feb for sharpest drop since 2020
EconomyMacroeconomyand the sharpest drop since 2020 when in April had dropped by 22.4 percent, due to the pandemic effects... two months of the year, permits are up by just 1.3 percent YoY to 3,387. The corresponding surface is up by 0.8 percent while volume is also higher by 3.6 percent. The European Commission’s latest
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Aug sees second annual drop in building activity with 4 pct decline
EconomyMacroeconomy, with the biggest rise noted in the Ionian islands with 40.4 percent, and the largest drop in Western..., permits were up by 9.4 percent YoY to 17,159. The corresponding surface is up by 12.4 percent while... points in the previous month. The index is currently up by almost 30 points on a rolling 12-month
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Building activity starts 2025 with sharp YoY drop of 17 pct in permits
EconomyMacroeconomydrop recorded in Central Macedonia with 31.1 percent. The largest rise was in Western Macedonia..., permits were up by 14.9 percent YoY to 30,992. The corresponding surface area was up by 16.8 percent... points, from 7.2 in the previous month. The index is up roughly 17 points on the rolling 12-month basis.
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Fuels prompt sharp drop of 25.2% in April trade deficit
EconomyMacroeconomyGreece’s trade deficit fell sharply in April with a 25.2 percent year-on-year (YoY) drop, after.... The deficit came to 2.16 billion euros for April. Imports totalled 7.35 billion euros, up by just 9.6... was down by 1.6 percent, at 8.77 billion euros. Imports from EU countries were up by 0.6 percent YoY
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
EconomyMacroeconomy) drop, after a fall of 25.2 percent in April, according to data released by ELSTAT on Wednesday. The deficit came to 1.96 billion euros for May. Imports totalled 7.04 billion euros, up by 7.8 percent YoY... by 1.9 percent, at 10.99 billion euros. Imports from EU countries were up by 0.6 percent YoY, while
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Trade deficit continues to drop, falling by 5% in H1
EconomyMacroeconomy) drop, after a fall of 15.7 percent in May, according to data released by ELSTAT on Friday. The deficit came to 2.62 billion euros for June. Imports totalled 7.62 billion euros, up by 6.5 percent YoY..., at 13.38 billion euros. Imports from EU countries were up by 1.4 percent YoY, while imports from non-EU
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Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010
EconomyMacroeconomyconsecutive quarters in negative territory. The cumulative drop in the wages index stands at 24.8 percent... for the fifteenth straight quarter showing a drop of 1.8 percent to 73.3 in Q1 2014. This is the lowest.... That said, its YoY evolution shows a cumulative drop of 26.6 percent of nominal wages over the past
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyaccession to the eurozone in 2002. It also points to a cumulative drop by 90 bps since last June when capital controls were imposed. Following the drop in February, the time deposit rate in the Greek market... on housing loans by 20 bps to 2.55 percent partially offsetting a drop by 34 bps posted in January
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