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Central government debt drops to 400.52 bln in Q1 due to lower repos
EconomyMacroeconomyGreece’s central government debt recorded a drop of roughly 5.5 billion euros to 400.52 billion... euros. FSM loans continue to make up the bulk of the total at 210 billion euros in Q1, having...) debt made up 73.2 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5
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Retail sales growth of 6.1 pct YoY in March spurred by fuel as war takes toll
EconomyMacroeconomy, automotive fuel was up sharply by 11 percent, non-food increased by 4.9 percent and food sales rose by 5.6 percent. Supermarket sales rose by 6 percent and food and beverages were up by 4.1 percent. Clothing and footwear moved down with a 1.2 percent drop. Pharmaceuticals increased by 2.3 percent YoY
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Disposable income edges up by 0.2 pct YoY in Q4, final consumption up by 2.7 pct
EconomyMacroeconomyGreek household disposable income grew by 0.2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2019, decreasing from the rise of 3.5 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Fri...
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Govt weighs up stricter measures to suppress Covid-19, talks up vaccine hopes
PoliticsGreek PoliticsGreek authorities are said to have set a milestone this Friday to decide whether additional measures will be required to halt a surge in Covid-19 cases related to travel during the peak of the holiday season. The country reported 150 new cases on Monday...
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Credit growth in September up by 2.4 pct as business lending picks up
EconomyMacroeconomyCredit movement in the Greek private sector rose by 2.4 percent in September after an increase of 1.9 percent in August, Bank of Greece (BoG) figures showed on Tuesday. The increase in credit growth is the highest since June 2010, when the increase came...
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Industry turnover and new orders’ indices rebounded in July
Economy. It is noteworthy that the only industrial sector with a positive growth rate was energy (up 13.5 percent), while capital goods and consumer durables turnover recorded a double-digit drop (down 12.1 percent... Orders’ data for the energy sector, while intermediate goods and capital goods (up 2.2 percent
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Golden Dawn support down to 2012 levels but with potential to rise again, poll shows
PoliticsGreek Politicsthe party’s backing reached 10.8 percent. Despite the drop in support, the poll published in Proto... to the government in particular, the fact that up to a quarter of voters still display some sympathy...) was up slightly to 3.9 percent.
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Primary surplus at 2.1 bln in Feb, ahead of budget execution target
EconomyMacroeconomythe 2-month figure to 8.37 billion, up 7.6 percent. Despite the recorded rebound, revenues fell short of Jan... in the February budget execution but will be incorporated in the 2013 fiscal outcome. The drop... million, up 63 percent from last year’s figure of 605 million. Furthermore, the 2-month PIB surplus beat
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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
Economyfor the second straight month bringing the 2-month figure to 8.37 billion, up 7.5 percent. Despite... a moderate rise of 1.6 percent to 7.87 billion, 6.8 percent short of target. The drop in primary... of 988 million, up 63 percent from last year’s figure of 605 million. Furthermore, the 2-month PIB
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Is the Greek coalition about to cry over fresh milk?
PoliticsGreek PoliticsJust a few days after the Greek coalition basked in the satisfaction of wrapping up seven-month... that as far as milk is concerned, the coalition intends to drop the five-day limit and create new two..., including a new framework for bank recapitalisation, into one of three articles that will make up
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