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  1. Minor changes in Greek deposit and lending interest rates in May
    Photo by MacroPolis

    EconomyMacroeconomy

    they fell by by 2 basis points (bps) to 0.85 percent from 0.87 percent in April, Bank of Greece (BoG... with a similar decrease in the overnight rate led the weighted average rate on total new deposits down by 2... mixed trends with that for amounts between 250,000 and 1 million euros slipping by 6 bps to 5.17

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  2. Newsletter 81 - 08/07/2016

    Newsletters

    deposit rate eases Greek households’ new time deposit rate fell by 2 basis points to 0.85 percent in May... euros and slipped by 6 bps to 5.17 percent for amounts between 250,000 and 1 million euros. The headline figure is the lowest since Greece entered the eurozone in 2002. 2 Privatisations can be win-win

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  3. Current account surplus falls to 1.4 bln in July

    EconomyMacroeconomy

    , largely on the back of a 2 percent decrease in non-residents’ arrivals. At the same time, travel... by 6 percent, while those excluding oil remained almost stable. The continued drop in the services.... Meanwhile, the corresponding liabilities fell by 2 billion reflecting a drop in non-resident’s holding

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  4. Budget primary surplus of 3.8 bln to Aug beats target by wide margin

    EconomyMacroeconomy

    the target by 2.78 billion largely reflecting lower primary expenditure (by 2 billion) and revenue... million. The Finance Ministry confirmed on September 6 that the August revenue target incorporated..., remaining 2 billion lower than target. MoF said that compared to last year, expenditure increased by 292

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  5. Newsletter 89 - 23/09/2016

    Newsletters

    underspend of 2 billion, coupled with a revenue overperformance of 646 million. Revenues (before tax... for mining and quarrying retained an upward trend, rising by 4.5 percent, but makes up just 6 percent... turnover by 6.1 percent. 2 Coalition could face a mauling Nervous Tsipras awaits supreme court

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  6. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    fell by almost 6 pp to 42.7 percent. Lower decreases of around 2 pp were recorded in the next two... the unemployment rate to land at 23.3 percent this year and drop further by almost 2 percentage points

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  7. Newsletter 92 - 14/10/2016

    Newsletters

    in August, industrial production in the first eight months of the year increased by 2 percent compared... production fell by 13.7 percent, but accounts for just 6 percent of the IPI. Manufacturing... is attributed to a 1.7 percent-fall in the goods index. 2 Making the extraordinary ordinary What

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  8. Newsletter 95 - 11/11/2016

    Newsletters

    of 23.3–23.5 percent in 2016, which is expected to fall by 1–2 percentage points in the following... was posted by mining and quarrying production, but it accounts for only 6 percent of the index. The headline figure for September is the sixth straight positive reading. 2 The great state

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  9. Stocks drop 1.3 pct during week with light trading volumes

    Economy

    The Greek equity market fell 1.3 percent this week - mostly reflecting the losses of 2 percent... Properties (+2 percent) and Motor Oil (+1.6 percent). On the flipside, the biggest losses were posted by Jumbo (-6 percent), Public Power Corporation – PPC (-4 percent) and Titan (-3.7 percent

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  10. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    the release of provisional estimates scheduled on March 6 including updated figures for December... percent YoY from a much higher growth of 2 percent posted in Q3. Overall, nominal GDP rebounded by 0.4... expects exports to rise by 0.7 percent for the whole year. Imports rebounded 2 percent, fully

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