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A macroeconomic assessment of the Cypriot economy after the haircut
![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2014/01/22/cyprusgeorgiades_1000_myrto_2101-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Agorato lower production costs for tradeables and non-tradeables and to a fall in prices of final goods... of lower income levels sinks in, while past savings decumulate, the fall in consumption will be more... higher. Indeed, a fall in the long-run saving rate has likely been one of the major effects
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomymonth and was fractional overall. A further fall in new orders, which led to a drop in output..., optimism remained strong. Greek manufacturers reduced their output for the ninth time in as many months.... The decline was registered across both the domestic and foreign goods markets. Due to a fall in new
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Newsletter 151 -16/02/2018
After a week of strong rhetoric from Turkey directed at Greece and Cyprus, a nervous lull has returned... bulletin revealed this week. The driving factor was a combination of a fall in expenditure and a rise... to a reduction of 57,830 people claiming pensions year-on-year, with a corresponding fall of 30.9
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Industrial production drops by 0.8 pct in Apr
EconomyMacroeconomyin March. The annual movement in the index was driven largely by a fall of 16.4 percent in the mining and quarrying production index. This was followed by a 5 percent fall in the water supply production... with a fall of 48.7 percent YoY. All subcategories within mining and quarrying index showed declines
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Newsletter 211 -21/06/2019
are correct and it gets a clear majority, there is strong competition for places. According... stood at a surplus of 200.3 million, declining by 4.1 percent YoY. This stemmed from a fall of 11.3..., staying under 10 billion across the year so far. The movements in May largely reflect a fall
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Newsletter 247 -10/04/2020
to fall by an average of 60 percent. Only 18 percent of businesses expected that they would... significant short-term effects on the real estate market.” This trend will reverse a strong year in 2019... a fall of 43.1 percent. Trade deficit up by 7.8 pct in February Figure for first two months showed
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeatures45-55 billion.” Greece’s position is relatively strong given the handling of the outbreak so far... is anticipated to fall by 87 percent. The USA contributed 6.5 percent of overall tourism revenue... on domestic flights. Spending on hotel and resort stays is expected to fall by 79 percent. In addition
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PMI drops to 46.8 points in July amid Covid-19 uncertainty
EconomyMacroeconomypandemic which impacted domestic and foreign client demand. Output continued to fall at Greek manufacturing... The fall in output reportedly stemmed from a solid decrease in new business. Some firms connected.... Manufacturers also noted weak demand from key export markets due to a strong drop in demand from abroad
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Loverdos cosies up to DIMAR but future of Greek centre left remains in doubt
PoliticsGreek Politicslooking around for possible alliances that would help it gain a strong enough foothold to elect MPs... as social activists and the “first genuine movement” to emerge in Greece since the fall of the military... PASOK health minister – attempted to make the first decisive move by holding talks with DIMAR leader
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Newsletter 51 - 12/11/2015
a downward revised 24.9 percent in July. It was the second successive monthly fall and the figure has now... percent in August. The decline in the unemployment rate is attributed largely to the strong tourism..., over the last few years Schmidt had advocated holding a debt conference for Greece, similar
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