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Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomy, showing a fall of 7.7 percent. At the same time, total imports reached 4.29 billion euros, from 5.01
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PMI edges up to 54.9 in August as production, new orders soar
EconomyMacroeconomycreation remained strong, and backlogs of work continued to fall, outpacing new business orders
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankinga fall of 7 percent YoY. The cost-to-income ratio stood at 53 percent on a recurring basis for H1
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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesalso worsened in Greece between 2016 and 2017 with a fall of 3.7 percent, again representing
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Unemployment drops to 16.9 pct in Q2, hitting eight-year low
EconomyMacroeconomy. The current quarter’s movement was driven largely by a fall in the number of unemployed by around
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankinghave to fall to below 10 percent in order for Greek banks to be competitive and in a position
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New waste strategy dials down recycling targets, promises to address landfill problems
PoliticsGreek Politicsof their waste by 2020, the government accepts that its new targets fall short of the ultimate goal
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General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
EconomyMacroeconomy-on-year (YoY) decline was noted in social security funds with an annual fall of 637 million euros
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Athens prepares to send draft budget to Brussels, lines up next tax measures
PoliticsGreek Politicsin wake of the notable fall in sovereign yields. The new debt sustainability analysis being prepared
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Newsletter 226 -01/11/2019
borrowing costs continued to fall. The ESM/EFSF board of governors approved on Monday Greece’s request
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