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Greek banks in intensive care: What lies ahead?
Agoraat the end of October 2014. Greek banks increased their loan provisions by 2.2 billion in Q4, in the aftermath of ECB stress test and another 1.1 billion in Q1. Piraeus also booked provisions of 2.1 billion
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European Commission evaluates impact of bailout programme
EconomyProgrammeannual impact is planned for 2016 at 2.2 percent of GDP. Note that the adjustment for 2015 is seen... period is estimated to stem from pension reforms (1.9 percent of GDP) followed by VAT (1.1 percent
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Retail sales fell by 1.7 percent in June, after a short-lived rise in May
EconomyMacroeconomy, stationery and other goods as well as supermarkets posted a slight rebound of 1.4 and 1.1 percent respectively. Compared to the previous month (MoM), retail turnover rose by 2.2 percent, mainly due
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomypercent reaching 1.1 billion in the 8-month period from 2.85 billion last year. Revenues Revenues... markedly dropped by 55.1 percent in August, the 8-month figure still indicates a modest rise by 2.2
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Budget revenues rebound in August but shortfall remains at 4.2 bln
EconomyMacroeconomyconsolidation in the course of the year was also reflected in the budget deficit, which narrowed to 1.1... by 55.1 percent in August, bringing the 8-month figure up by a modest 2.2 percent to 4.9 billion
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Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln
Economyamount of 320 million at fixed rate of 2.2 percent. The weighted average maturity of new borrowing...) (4.6 billion), Attiko Metro (2.1 billion) and extra-budgetary funds (1.1 billion). In addition, 3.1
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Industrial production drops by 3 pct in February
EconomyMacroeconomyand intermediate goods rebounded by 3.5 and 1.1 percent respectively. The biggest nosedive was recorded... production by 3.9 and 2.2 percent respectively. The most recent industry confidence indicator
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Newsletter 73 - 13/05/2016
surplus widened to 3.22 billion in Q1 from 1.1 billion last year, reflecting an increase in revenue... recorded in clothing and footwear (-2.2 percent), household equipment (-1.4 percent), recreation
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
Economyin 2016, 2.2 billion in 2017 and 1.1 billion in 2018. The MoU signed in August envisaged privatisation
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HRADF's updated plan for 19 privatisation projects published
Economyare expected in 2016, 2.2 billion in 2017 and 1.1 billion in 2018.
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