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Newsletter 273 -13/11/2020
related to the coronavirus, with another 310 patients intubated around the country. The number of new.... On Wednesday, Health Minister Vassilis Kikilias announced that 100 more ICU beds would be added... 2015 when it fell by -2.2 percent. Greece’s Consumer Price Index (CPI) fell by 1.8 percent year
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Newsletter 372 - 03/03/2023
Greece has ever seen. However, he added that the accident was mainly caused by human error... in 2018, which claimed more than 100 lives, even though serious operational failings in the emergency... the final budget was approved in Parliament, the Finance Ministry had adopted a baseline scenario
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomygrowing by 2.2 percent in 2019 from a previous forecast of 2.1 percent for 2018. The Greek Finance Ministry’s latest forecast in the draft budget for 2019 sees growth of 2.1 percent this year... measures in the 2019 budget are expected to support this outcome, most notably lower corporate income tax
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingcard debt to the value of 2.2 billion euros, or 385 million in on-balance sheet gross book value... to be generated by the transaction as of March 31, 2018, with the bank’s NPE ratio falling by over 100... than the previous target by 2.2 billion. The targeted reduction in NPLs is stated as 47 percent
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Human Rights Commissioner calls for improvements to battered healthcare system
SocietyA report by the Commissioner for Human Rights of the Council of Europe has shown the severe impact of the country’s crisis on Greece’s healthcare sector as well as the health of Greeks. The report... to accessing healthcare in practice and greater investment in ensuring that the human rights of disabled
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomythat it is now expecting the country to grow by 2.2 percent this year compared to an estimation of 2... highlights is due in part to heavy underspending of the public investment budget. Overall, gross fixed... is external risks. While growth is anticipated to reach 2.2 percent this year and in 2020, a negative
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomy, from 100 million in February, chiefly due to an inflow of 200 million from the participation... the YtD amount to 310 million. The February outflow stemmed from a rise in resident’s investment... marginally improving from 2.4 percent of GDP in 2013 to 2.3 percent in 2014 and 2.2 percent in 2015.
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingto around 70 million in Q1, after a negative figure of 100 million in the previous quarter. However, NPE.... The cost of risk stood at 2.2 percent in Q1 and management expects a lower figure between 150-200 bps... bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyFinance Minister Euclid Tsakalotos tabled in Parliament on Monday afternoon the 2017 budget... were included in the draft budget that was tabled on October 3. Fiscal estimates The general..., is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63
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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) published its quarterly report on Tuesday, where the stable... was a solid 2.2 pct, investments were subdued. The PBO’s outlook remains broadly unchanged, with a small downward revision to 2.2 pct growth for 2025, from 2.3 pct previously. On the fiscal front, the PBO
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