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Travel balance rises to 66 mln in January
EconomyMacroeconomyfell by 7.6 percent to 176,300. Visitors from non-euro areas within the EU 28 edged up by 0.3 percent... predicted that tourist numbers could reach up to 30 million in 2018. The latest figures from the BoG... accounted for 79 percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can
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Talks on primary residences continue as bill proceeds through Parliament
EconomyProgrammefor not doing more to provide incentives for borrowers who keep up with their loan repayments. Dragasakis.... The extension of the mortgage repayment period up to a maximum of 25 years and the reduction of the interest rate on the loan means that borrowers’ monthly instalments are expected to drop by 50 to 70
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Credit contraction at 0.6 pct in Feb, balance at 169.85 bln
EconomyMacroeconomyby 651 million euros from a drop of 408 million euros in the previous month. Credit to insurance... in January, which took the balance up to 6.24 billion. Loans to sole proprietors edged up by 2
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Tsipras, Mitsotakis tone down personal attacks but intensify clash over policies
PoliticsGreek Politicswith a slip-up made a few months ago by a New Democracy official, who noted that the type of pension... up the final two weeks of the campaign and strike a note of optimism for his party, which... with SYRIZA if the general elections do not produce a clear winner. He did however, drop a hint
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Car sales rise by 20.4 pct in April
EconomyMacroeconomycompared to a drop of 9.5 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday.... The remainder was made up of motorcycles (3,642), lorries (2,478), and buses (183). Passenger cars... in the aggregate period, totalling 63,598. The remaining sales in the first four months were made up
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General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
EconomyMacroeconomyfunds (-12 million euros). At 29.7 percent of the total, tax refunds made up the majority of arrears... dropped by 2.42 billion euros month-on-month, compared to a smaller drop of 749 million euros seen... percent of the total. Repos rose by 80 million euros compared to March, to 19.56 billion, making up
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ND to highlight range of policy proposals after emphasis on tax cuts
PoliticsGreek Politicsfrom 28 to 20 percent in two years, while dividend tax would immediately drop to 5 percent from..., Mitsotakis pledged. He also pledged to clear up legislation regarding land use, which is something... be on ensuring that Mitsotakis does not slip up, while the pressure will be on Tsipras to land some verbal
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Travel balance falls by 4.1 pct in April
EconomyMacroeconomydrop of 38.4 percent to 212,300, while non-European visitors edged up by 0.6 percent to 381,000... that tourist numbers could reach up to 30 million in 2018. The figures showed that as of December 2018
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National Bank first to test market waters in post-election afterglow
Economydrop in the Athens Stock Exchange index in the first two days after Sunday’s victory for New... aftermath of the event. The index has recovered some of those losses and is still up 16 percent since May’s... importance for the economy of dealing with the non-performing assets clogging up the banks’ ability
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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economythe business environment and attract private investment that will sustain the economic recovery and push up... is for them to drop to 20 percent of total loans by 2021. The economic recovery, improved real estate prices..., the timeframe and the actual take up by the banks. That said, the funding of Greek banks has improved thanks
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