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May current account shows surplus of 191.5 million as underlying indicators improve
EconomyMacroeconomyto 1.66 billion. Improvements were also noted in both the primary income deficit, which went down by 76.6 percent, and the secondary income deficit which went down by almost 100 percent. The deficit
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Newsletter 172 -27/07/2018
to 1.66 billion. Improvements were also noted in both the primary income deficit, which went down by 76.6 percent, and the secondary income deficit which went down by almost 100 percent. On an aggregate
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Fire fallout casts doubt on Tsipras’s post-MoU strategy
PoliticsGreek Politicsthere was some confusion as the wildfire raced down the mountainside towards the seaside resort, leaping over... to begin the knocking down of more than 3,000 structures. Nevertheless, the Mati disaster casts
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Banks try to build on growing confidence
EconomyBankingreduces dependence on the ECB and cuts down costs, Moody’s said. The Bank of Greece (BoG) announced..., are expected to bring their ELA funding down to zero this autumn. The reduction in ELA has been
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Tsipras tries to take lead in fire response amid picture of confusion
PoliticsGreek Politicsconstruction. He repeated the coalition’s pledge to knock down buildings constructed without permits... will be torn down,” he said. “This is our debt to our dead. But it is an even greater debt to the living
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Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in May edged down to 19.5 percent from a downward revised rate of 20 percent in April, Hellenic Statistical Authority’s (ELSTAT) data showed..., edging down by 34,293 month-on-month, up by 7,263 year-on-year. The unemployment rate among women fell
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Agoraand the end of 2013 went down by nearly a third to 15.8 billion. Disposable income in the last three... of thousands. By the time job losses bottomed down in July 2013, close to 1.1 million jobs had been
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Greek banks push for return to normality
EconomyBankingby approximately 20.66 billion. The decline in July was driven by a fall in ELA funding which went down by 2.48... programme is already winding down with net purchases currently at 30 billion euros up to September
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingthe September 2015 peak, NPEs have fallen by 8.3 billion euros. The NPE ratio edged down to 54.7 percent from... decreased to 54 percent on a recurring basis. Impairment losses came to 149 million, down by 9
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Unemployment at 19.1 pct in June, under 20 pct for second month
EconomyMacroeconomymillion, edging down by 8,455 month-on-month and by 7,969 year-on-year. The unemployment rate among... percent, declining by 2.6 pps year-on-year. Broken down by age group, the largest annual drops were
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