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Deposit inflows of 1.04 bln in October for banks
EconomyMacroeconomyprogramme review in June, after which deposit inflows picked up pace on the back of increased consumer... would be reduced further by 1.7 billion euros to 26.9 billion. The drop reflected “developments
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Unemployment rate continues decline to 20.5 pct in September
EconomyMacroeconomythe total number of unemployed has stayed below the 1-million mark. The overall labour force edged up... by age group, the largest year-on-year drop (-5.7 pp) in unemployment came from the 25-34 section
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Deposit inflows of 272.9 mln recorded in November
EconomyMacroeconomyconclusion of the second programme review in June, after which deposit inflows picked up pace... be reduced further by 1 billion euros to 24.8 billion. The drop reflected “developments in the liquidity
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SYRIZA looks towards bailout finishing line and beyond
PoliticsGreek Politics, with the reductions to pensions due in 2019 and the lowering of the tax-free threshold lined up... to drop these interventions if it is on course to meet its fiscal targets. European sources
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BoG sees ample capital space for banks to sell bad loans
EconomyBankingagainst those scenarios so the systemwide CET1 will not drop below 12.5 percent. The price range for the sale starts at 3 percent of the portfolio’s nominal value, up to 20 percent. This is measured
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November current account deficit at 954 mln, goods balance improves
EconomyMacroeconomyat constant prices, while non-oil exports were up by 6.5 percent at constant prices (+9.5 percent at current... drop in residents' holdings of foreign bonds and T-Bills. A net fall in liabilities was driven
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December current account deficit at 1.24 bln on falling services balance
EconomyMacroeconomyby 4.6 percent at constant prices, while non-oil exports were up by 6.7 percent at constant prices... an 18.2 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net fall in liabilities
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Unemployment rate at 20.6 pct in Jan, inactive population rises
EconomyMacroeconomygroup, the largest year-on-year drop (-6.8 pp) in unemployment came in the 65-74 year old age group... the highest unemployment rate at 26.2 percent, up slightly from the rate of 25.8 percent in December
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IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomyat 2.9 percent of GDP, up from 2.2 percent previously, a number closer to the fiscal estimates.... Debt will steadily drop in the coming years, landing at 165.1 percent in 2023. In the previous Fiscal
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February current account deficit at 1.29 bln as underlying balances worsen
EconomyMacroeconomyan 2.1billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net increase in liabilities was driven... assets edged up slightly month-on-month to 6.55 billion in February from 6.53 in January, reflecting
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