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  1. Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit movement in the Greek private sector increased by 1.3 percent year-on-year in December, from a rise of 1.1 percent in November, and 0.9 percent in October, Bank of Greece (BoG) figures... a net monthly inflow of 287 million euros. This took the balance to 6.44 billion euros. Housing

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  2. Credit growth slows to 0.9 pct in Jan as loans to enterprises record highest net outflow since 2018
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    Credit movement in the Greek private sector slowed to 0.9 percent year-on-year in January, from a rise of 1.4 percent in December and 1.1 percent in November, Bank of Greece (BoG) figures released... monthly outflow of 357 million euros. This took the balance to 6.25 billion euros. This is the sharpest

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  3. Newsletter 336 - 06/05/2022

    Newsletters

    prospects. They started with the credit rating upgrade by S&P two weeks ago, which took Greece to ‘BB... ordinary budget impact. Greece commits to a primary surplus of 1.1 pct of GDP for 2023 and then up

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  4. Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
    Photo by EC - Audiovisual Service

    EconomyProgramme

    that took place in early April and the regular dialogue with the Greek authorities, majority... to return to primary surplus of 1.1 pct in 2023 and continue the efforts to reduce the debt load

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  5. GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    percent rise in services and 1.1 percent decrease in imports of goods. Compared to Q3 2021, all... in March 2021 and took the economy some time before it regained a solid footing. Final consumption

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  6. Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    which ended in March 2021 and took the economy some time before it regained a solid footing. Final... to 1.1 pct in 2023. The OECD sees HICP at 9.5 pct this year and 3.7 pct in 2023.

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  7. Newsletter 384 - 09/06/2023

    Newsletters

    QoQ, though it grew by 2.1 pct YoY. In the previous quarter, GDP had grown by 1.1 pct QoQ and 4.8... billion euros in the same quarter of 2020, before the pandemic took its full effect in the Greek economy

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  8. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) revealed on Wednesday. The marginal revision of the previous quarter took away the 0.1... growth substantially revised from the 1.1 pct of January, and now it expects the Greek economy

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  9. Underwhelming GDP highlights investment falling short of mark
    Photo by MacroPolis

    EconomyMacroeconomy

    dealt a serious blow to the economy. The QoQ movement in Q1 was unchanged, it was up by 1.1 pct..., contributing just over 1 billion euros to the roughly 4 billion euros that took real GDP in 2023

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  10. Mitsotakis launches mini-support package in bid to create positive momentum

    PoliticsGreek Politics

    spending measures starting in the current fiscal year. The measures total 1.1 billion in extra spending... designed to stop the government’s slide in the polls. Main opposition PASOK took aim at the rent

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