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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomyGreece’s growth prospects in 2019 compared to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO
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Newsletter 224 -18/10/2019
to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent
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Disposable income rises by 5 pct YoY in Q2, final consumption up by 1 pct
EconomyMacroeconomyGreek household disposable income grew by 5 percent year-on-year (YoY) in the second quarter (Q2) of 2019, increasing from the rise of 4.9 percent noted in the previous quarter, according to Hellenic... percent YoY compared to an increase of 4.5 percent in the previous quarter, and stood at 16.85
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Credit contraction at 0.5 pct in Sept, balance at 157.28 bln
EconomyMacroeconomybillion from 159.90 billion in the previous month. The net lending flow remained negative... monthly outflows of -145 million euros in the previous month. This resulted in the household loan
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Newsletter 226 -01/11/2019
risen is that the previous auction of 26-week T-bills on October 2 for the same amount produced a yield... of -145 million euros in the previous month. This resulted in the household loan sector's balance
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PM to oversee tweaks to tax bill as constitutional revision enters final round
PoliticsGreek Politicsthis one of the key themes of its attacks on the previous SYRIZA government, which it accused of burdening... stage after being launched during the previous Parliament. The vote on the proposed changes
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Central government debt down to 353.85 bln in Q3, average maturity stable at 21 years
EconomyMacroeconomyGreece’s central government debt fell by 2.67 billion euros to 353.85 billion euros quarter-on-quarter (QoQ) in the third quarter (Q3) of 2019, from 356.55 billion euros in the previous quarter... euros in the previous quarter.
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ND and SYRIZA set aside social dividend talk to focus on internal issues
PoliticsGreek Politicsby overtaxation in previous years could also benefit. The latter comment reflects concern within... to the much larger social dividends that SYRIZA distributed over the previous three years. The government’s
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BoG data shows drop in card usage in first half of 2019
EconomyFeaturesversus 30 in the previous six-month period. Split between type of payment card, debit card transactions came to an average of 26 transactions per card versus 32 in the previous period, while credit
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Newsletter 231 -06/12/2019
consumption expenditure dropped by 0.4 percent after having edged up by 0.9 percent in the previous month... existing loans stood at 4.04 percent, almost unchanged from the previous month. The average
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