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  1. Episode 8 - Athens: An ancient city grappling with modern problems

    Agora

    In this episode, we take to the streets of our home city, Athens, to get an idea of what interventions would improve life in the Greek capital. Our producer Phoebe Fronista speaks to MacroPolis features writer Georgia Nakou about the Great Walk, a pilot...

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  2. Current account deficit at 8 bln after 10M as goods deficit widens
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account remained in deficit in October, widening to 383.2 million, from 316.5 million euros in September, Bank of Greece (BoG) data showed on Friday. In October 2023, the balance showed a deficit of 1.21 billion euros. The Bank of Greec...

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  3. Construction continues recovery in Aug, down 8.4 pct YoY over 8 months
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity remained in growth in August, with a rise of 7.8 percent year-on-year, after an increase of 12.2 percent YoY seen in July, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. The total number of perm...

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  4. Strong primary surplus of over 8 bln at close of 2025 as spending is contained

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 8.09 billion euros for 2025, compared to a surplus of 8.7 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. Expenditure, excludi...

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  5. SYRIZA's poll lead consistent but parliamentary majority elusive
    Photo by MacroPolis

    PoliticsGreek Politics

    12.6 #Greece — MacroPolis (@MacroPolis_gr) January 12, 2015 An Alco survey for Proto Thema weekly... #Greece — MacroPolis (@MacroPolis_gr) January 12, 2015 An Interview poll for Eleftheros Typos suggested... #Greece — MacroPolis (@MacroPolis_gr) January 12, 2015 A ProRata poll for Paron weekly indicates

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  6. Debt relief or debt restructuring for Greece?

    Agora

    ) is without precedent in the history of a sovereign debt restructuring exercise.[1] Put otherwise, while... debt dynamics (see graph 1 below) it is a matter of time until this secondary migration process... a combined volume of 240 billion euro. The current programme expires in mid-2014. 1. Who will blink first

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  7. Take your seats

    Agora

    and the reduction of the top rate of VAT from 24 to 22 percent in 2021, with the lower rate dropping 1 percentage point from 13 percent to 12. He also pledged that 1 billion euros in backpay would be handed over... general elections 12 months away at the most, Tsipras and SYRIZA must find a new launchpad to propel

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  8. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    . Pre-provision income (PPI) rose by 12 percent quarter-on-quarter (QoQ) to 210 million. When excluding... (NII) dropped by 1 percent QoQ to 353 million euros, representing a rise of 1 percent year-on-year... the September 2015 peak, NPEs have fallen by 12 billion euros. Management noted that it has concluded the sale

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  9. After Q3 results, what next for Greek banks?

    Agora

    of deposit rates in the banks acquired over the past 12 months, whose deposit rates were 1 percentage point... percent over the same period. Alpha’s was the only bank stock that recorded a positive performance (12 – 18 percent) over the preceding 6 and 12 months. The returns on the investment made by those who

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  10. Newsletter 36 - 24/07/2015

    Newsletters

    that the recapitalisation of Greek banks will be concluded well ahead of 1 January 2016, when the bail-in tool...), one of two prior actions that the Euro Summit statement of July 12 stated should be transposed... – either individually or in combination. These tools involve: 1) splitting bank operations that can

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