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Car sales rise by 8.3 pct in January
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 8.3 percent in January after an increase of 21 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In January 2019, the year-on-year rise came to 9.2 percent. Car sales for the month came
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Retail market suffers drop in crisis era, shows consolidation towards larger businesses
EconomyFeaturesalso showed that as of December 2019, retail trade dropped by 3 points month-on-month to 22 points
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Hercules NPL reduction scheme receives first application from Eurobank
EconomyBankingby a number of bodies. In its December 2019 Financial Stability Review, the Bank of Greece noted
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Economic sentiment at 113.2 in Feb, strong improvement in services and retail
EconomyMacroeconomyconfidence indicator edged up by 0.8 points to -31.3 points from -32.1 in December. Compared to the same
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Deposits drop by 2.16 bln in January
EconomyMacroeconomyNet deposit movements in the Greek banking system were negative by 2.16 billion euros in January following positive flows of 3.65 billion in December, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits increased to 141.15 billion euros, reflecting
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyof services increased by 2.3 percent. Τhe latest figures from the Bank of Greece for December
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Trade deficit falls by 9.8 pct in January
EconomyMacroeconomyGreece’s trade deficit dropped by 9.8 percent year-on-year (YoY) in January compared to a decline of 7.2 percent in December, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed. The deficit came to 1.91 billion euros for the month. Imports totalled 4.75 billion euros
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomyto the private sector (including tax refund arrears) rose by 38 million compared to December and came to 2.03
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Industrial turnover rises by 5.7 pct in January
EconomyMacroeconomyGreece’s industrial turnover increased by 5.7 percent year-on-year (YoY) in January compared to a rise of 11.3 percent in December, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. January’s headline figure is the second consecutive increase in as many months. The monthly
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Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
EconomyBankingeuros in December, reduced annually by close to 14 billion euros, and more than 39 billion since
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