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Newsletter 274 -20/11/2020
to climb as the country grapples with the second wave of the pandemic. On Thursday, the total death.... The flagship reform was the new insolvency regime that will be effective from January 1 and in the view.... Additionally, the forecasts do not include the impact of the RRF, where Greece has a total allocation
33% -
Current account surplus widens to 1 bln in September
EconomyMacroeconomythe travel surplus up by 1 percent to 2.04 billion. The BoG also noted that the deterioration in the primary
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Building activity edged up 1 pct in September
EconomyMacroeconomyGreek building permits grew for the third successive month in September but at a much slower pace of 1 percent from 16.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The double-digit growth rate in August growth mostly reflected a low base effect, since
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Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
EconomyMacroeconomyThe pace of credit contraction in the Greek market slightly accelerated to 1 percent in May from 0.9 percent in the previous month, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow turned negative for the first time since February with net deductions standing at 395 million
33% -
CPI up again in June with 1 pct increase
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) grew by 1 percent in June from 1.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday. Although the June headline figure has eased slightly from the CPI recorded in May, it represents the sixth continuous positive reading
33% -
Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct
EconomyMacroeconomydropped by 1 percent in 2016 reaching 121.7 billion euros from 123 billion in the prior year
33% -
Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
EconomyMacroeconomy, the decline in property prices came to an average drop of 1 percent, improving against the drop
33% -
Credit contraction at 1 pct in February on lower household, and corporate lending
EconomyMacroeconomyCredit contraction in the Greek market deepened by 1 percent in February from a contraction of 0.8 percent in January according to Bank of Greece (BoG) figures released on Tuesday. This resulted in the outstanding balance falling to 182.54 billion euros from January’s figure of 182.83 billion euros
33% -
Credit contraction at 1 pct in March, balance at 180.34 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 1 percent in March compared to a contraction of 0.9 percent in February according to Bank of Greece (BoG) figures released on Monday. This resulted in the outstanding balance falling to 180.34 billion from the previous month’s figure of 182.58 billion
33% -
Wages index up by 5.8 pct YoY in Q1 2021, rises by 1 pct QoQ
EconomyMacroeconomycame to a YoY an increase of 0.7 percent. On a quarterly basis, the index rose by 1 percent quarter
33%