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Mitsotakis to set out lockdown relaxation plan as ND scales back economic support
PoliticsGreek Politicsof the pandemic could cost as much as 1 billion euros. Speaking to Skai TV on Sunday morning, the minister did... opposition party claims that two of the seven platforms used for the e-learning programme were set up after
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Does the EU Commission suffer from optimism bias? (Part 1)
Agora(the Book). In part 1 of this blog we will highlight differences in the macroeconomic scenarios... on the Maastricht deficit and debt Criteria. * * * Figure 1 below compares the baseline scenario... that was derived in preceding chapters of the Book.[1] The baseline scenario of the Book is well
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CPI rises by 1 pct in June, staying positive for third month
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in June following an increase of 0.6 percent... July 2017 to June 2018 was 0.6 percent. Month-on-month, the CPI rose by 1 percent compared to May’s...) rose by 1 percent year-on-year in June. Month-on-month the HICP increased by 0.9 percent. The overall
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingYoY in H1 but rose 1 percent QoQ with net interest margin (NIM) improving to 2.74 percent in Q2. The quarterly rebound in NII is attributed to Turkey (up 6 percent), while Greek NII eased 1 percent QoQ.... Deposits rose 8 percent YoY in H1 and slipped 1 percent QoQ to 65.4 billion euros. In Greece, deposits
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomymeasures related to pension reform and direct taxes - each yielding 1 percent of GDP (1.8 billion euros) - the government has to identify additional measures of 1 percent of GDP to cover the fiscal gap of 3... to cover this last 1 percent of GDP are primarily focused on raising (indirect) tax revenues and include
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NBG turns profitable in Q3, NPE stock drops further by 1 billion
EconomyBankingstraight quarter by 1 billion QoQ to 20.1 billion at the end of September. Overall, NBG’s NPEs have... reflecting lower insurance income. Net interest income (NII) improved by almost 1 percent QoQ to 485 million... percent in Q2, remaining by far the lowest among its domestic peers. The Common Equity Tier 1 (CET1) ratio
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CPI rises for ninth straight month in Sept with 1 pct increase
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in September, up slightly from the 0.9...’ and services’ indices advanced by 1.1 and 1 percent, respectively. The harmonised index of consumer prices (HICP) also rose by 1 percent in September, up from August’s figure of 0.6 percent. The main driving
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CPI rises by 1 pct in August, staying positive for fifth month
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in August after a rise of 0.9 percent in July... that the figure has landed at 1 percent. The average CPI for the latest 12-months since August 2017 remained...), health (+1.5 percent) and hotels, cafes and restaurants. Smaller rises ranging between 1 percent and 0.2
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Athens eyes multiple benefits from joining China-backed 17+1 initiative
PoliticsForeign Policycalled 16+1 group, becoming the 17th member of the collective. The Dubrovnik meeting last Friday... clearly expressed his intention to join the 16+1 group (11 participant states are EU member states... of what will be called from now on the “17+1 initiative,” a significant step for the summit
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CPI rises by 1 pct in April
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 1 percent in April following a rise of 0.9 percent... percent, from 0.8 percent in the March rolling period. Month-on-month, the CPI in April rose by 1 percent...-on-month, the HICP showed an increase of 1 percent. The overall CPI increase on an annual basis was driven
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