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  1. August current account shows surplus of 1.56 bln as deficit in primary income account grows
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    from a 1.1 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net increase... worsened very slightly by 18.3 million or 1.1 percent. This was driven by imports rising faster than... payments showed a rise of 11.1 percent also to stand at 1.42 billion. Financial account Residents’ net

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  2. Current account deficit widens to 412 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    percent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net sea transport receipts. In addition, travel receipts fell 10.4 percent to 1.1 billion in May despite... coupled with lower net payments for purchases of ships mainly due to capital controls. The marked drop

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  3. A snapshot of the Greek economy

    Agora

    remained unchanged to -1.1 percent, from the previous month. The monthly net flow of credit... and the monthly net flow was negative at 1.530 million, compared with a positive net flow of 1.743... 10.4 percent in the previous month and the monthly net flow was negative at 1.788 million, compared

    11%

  4. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    . National Bank of Greece (NBG) had the strongest profitability, net profits from continued operations came to 253 million euros compared to 48 million euros for H1 2018. Alpha Bank showed net profits... net results of 32 million euros in the period compared to a loss of 58 million euros for H1 last year

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  5. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    the week around, making the most of custom when it is there. There is evidence to suggest that the idea

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  6. Finance Ministry outlines plans for making savings, increasing revenues
    Photo by MacroPolis

    EconomyProgramme

    by market participants and proactive audits. The MoF is also considering to incorporarate custom

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  7. The conundrum of Greek olive oil exports
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    and certifications, labelling, transport, packaging logistic issues, commercial issues, custom regulation, consumer

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  8. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    at 321.73 billion euros. The YtD evolution of its key components displayed a net decrease in the long-terms bonds by 9.7 billion, counterbalanced by a net increase of 5.5 and 6.1 billion in the short.... The amount of short-term loans increased MoM for the second straight month to 5.5 billion in September

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  9. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    components mainly reflects a net decrease in long-terms bonds by 9.7 billion and in T-Bills by 2.1 billion offset by a net increase of 5.8 and 5.7 billion in short- and long-term loans respectively... of short-term loans advanced MoM for the third successive month to 5.8 billion in October from 5.5 billion

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  10. Current account balance turns to deficit of 198 mln in Oct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    that the improvement in the balance of goods excluding oil was counterbalanced by higher net oil imports... income balance mainly stems from lower net receipts, including taxes and subsidies on products and production. Moreover, the worsening secondary income balance reflects higher general government net

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