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  1. Drop in industrial production accelerated in November with 6.1 pct decline

    EconomyMacroeconomy

    The drop in the Industrial Production Index (IPI) accelerated in November to 6.1 percent following... percent), July and August recording the highest drop (7.6 – 7.8 percent), while the other monthly readings showed a mid-single digit drop. IPI has only had only four positive year on year (yoy) readings

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  2. Building activity suffers larger drop of 30.9 pct in November

    EconomyMacroeconomy

    percent, while surface and volume recorded a slower drop, -16.4 and -10.3 percent respectively. According to the regional breakdown, the highest drop in November was posted in West Macedonia (down 51.2... to 16,400 in 2013 from 65,500 in 2008, almost three times the GDP drop in this period. Unlike other

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  3. Drop in Greek CPI decelerates again to 2.1 pct in March

    EconomyMacroeconomy

    The drop in the Greek consumer price index (CPI) decelerated for the second straight month to 2.1... to the rate posted in February, when it had recorded a sharp drop from the January figure of 2.8...). It is noteworthy that none of the twelve main groups and services showed any MoM drop in prices in March

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  4. Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
    Photo by MacroPolis

    EconomyMacroeconomy

    percent respectively. In absolute numbers though, the drop in imports was higher than that in exports... of a double digit rise in receipts (+16.3 percent) and drop in the corresponding payments (-12.3 percent.... From the other key C/A components, the sharp drop in the primary income surplus is attributed

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  5. Credit origination and transmission: Are Greek banks part of the problem or the solution?
    Photo by Harry van Versendaal

    Agora

    ratios require domestic lenders to step up their provisioning, thus binding already scarce capital.... The asset managers in NAMA will have up to ten years to achieve the most favourable financial return... up to 15 years to achieve the most favourable financial return on the loan portfolio. SAREB

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  6. Does the EU Commission suffer from optimism bias? (Part 1)
    Photo by EC - Audiovisual Service

    Agora

    % over the period 2019-70 under the baseline scenario. It will average 1.2% up to 2030, rising slightly to 1.3% during 2031-40 and to 1.4% in the 2040s. It is then expected to remain at this level up... see a burst in labor productivity growth through 2070 to catch up to the average level of labor

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  7. Newsletter 476 - 19/09/2025

    Newsletters

    lead over PASOK on 13.5%. Pulse’s survey for Skai TV echoes this trend, placing ND at 29%, up slightly from 28.5% in June, while PASOK edges up from 13.5% to 14%. Course of Freedom slips from 12% to 10.5... code. He also called for breaking up oligopolies and strengthening education, healthcare

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  8. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    but fell 2.1 percent year on year (YoY) in H1, mainly due to a drop in personnel cost by 8.8 percent... two figures for Greek banks’ potential capital shortfalls: One under the static model and one under the dynamic model, which will incorporate the restructuring plans approved by the DG Comp in July

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  9. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    NII fell QoQ on continued deleveraging in conjunction with a 10 bps drop in lending spread. Net... the static model and the dynamic model (based on the restructuring plan approved by the EU DG Comp) could

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  10. Greek current account surplus up to 1.6 bln in September after fourth straight rise

    EconomyMacroeconomy

    , reaching 1.62 billion euros, up 67.3 percent year on year (YoY), according to the Bank of Greece... surplus reached 2.1 billion euros, up 12.3 percent YoY. The BoG is due to release more detailed figures...) and – to a lesser extent – from lower income deficit (by 430 million) mitigated by a drop

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