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HELEX H1 2016 results show continuing drop in profits
Economy, fuelled by Greece’s rocky economic outlook. Annual results for 2015 showed a fall in net..., a drop of 19.3 percent. The drivers behind the fall in total consolidated revenue were cited as a drop..., European Stability Mechanism (ESM) Managing Director Klaus Regling predicted that he saw a return
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Drop in arrivals and spending impinge on H1 travel receipts
EconomyMacroeconomy. This was a product of a 4 percent decline in expenditure per trip and a 2 percent fall in arrivals... of origin outside the EU saw cumulative declines of 8.3 percent in the case of Russia and 7.4... marginally increased by 0.9 percent to 4.94 million, compared to a fall of 6.1 percent from those
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Newsletter 95 - 11/11/2016
, respectively. The unemployment rate is forecast to fall to 23.5 percent in 2016, 22.2 percent in 2017... of 23.3–23.5 percent in 2016, which is expected to fall by 1–2 percentage points in the following... of the era that saw this transformation, was not the candidate to reconnect with those who felt left
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Since 2010, declared income has plummeted but tax due has risen
EconomyFeaturesincome fell by 51.9 percent to 12.14 billion, entailing a fall in their average income by 25.8 percent... (65.9 percent) in 2010. On the flipside, taxpayers with commercial activity saw their share of total declared income fall from 25.8 percent in 2010 to 16.2 percent in 2015. The other two key categories
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Newsletter 213 -07/01/2019
reaffirms the strong fiscal performance over the last years, which saw the primary balance settle at 4.3... the fact that a high proportion of cured loans that have been restructured fall back into arrears, just... salary dropped by 1.2 percent. 2 PMI falls to 52.4 in June Overall index fall but optimism holds
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Newsletter 251 -22/05/2020
needs remain low over the coming years, and despite the temporary turmoil of mid-March that saw... in the domestic market was driven by a fall in manufacturing of 9 percent. Greece’s industrial turnover fell.... The drop in the domestic market was driven by a fall in manufacturing of 9 percent, while mining
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
Economya resurgence of the pandemic, the economy is expected to fall sharply by 9.4 pct. In the mild.... Of course, there is also tourism, which is expected to fall sharply. The range of measures... In the run up to the pandemic, banks saw a series of positive developments with NPEs continuing
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Primary cash balance deficit at 7.12 bln in Sept
EconomyMacroeconomyeuros. The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months
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Budget primary confirmed at deficit of 9.07 bln in October
EconomyMacroeconomyat 4.44 billion, above target by 1.68 billion. Aggregate PIB expenditure came to 7.01 billion
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
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