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Greek jobless rate dips below 26 pct in August for first time in two years
Economyreversed a positive MoM reading (+0.5 percent) recorded in the previous month. The year on year (YoY... in a row to 59 percent in August, which is the lowest reading since April. The highest rate this year... straight year, reaching 16.6 percent in August. The regional breakdown showed Macedonia-Thrace and Attica
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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... billion euros from 2.4 billion last year, corresponding to a sharp rise of 56.3 percent YoY. The YoY... in residents’ holding of foreign bonds and T-Bills. Overall, the year to date figure shows a net outflow
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Greek loan rates remained well above euro area average in October
EconomyMacroeconomythe 2-percent mark since Greece’s accession in the eurozone in 2002. The drop in October led the year... in October, with the year to date drop close to 60 bps. On the loan front, the most important movement... reading for this year. In the previous month spread had eased by 8 bps. Since the beginning of the year
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Greek deflation eases slightly to 1.2 pct in November
EconomyMacroeconomyslipping by 1.2 percent year on year (YoY) and 0.7 percent month on month. Out of the 12 main groups... the 1-percent mark throughout the year. This means that the headline figure for the whole year
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomyin 2015, according to the 2014 Interim Monetary Policy report. The recovery next year could... estimates the fiscal target for this year will be surpassed for the third straight year indicating... a slight slowdown in the NPL formation within the first half of the year. The NPL breakdown by sector
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Newsletter 8 - 19/12/2014
Voting in the New Year Only some festive drama can prevent elections in 2015 The chances of Greece... and the opposition to agree to elect a president now in return for early elections next year has been.... Since the beginning of the year the deposit flow has been limited, with inflows at 444 million
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How SYRIZA says it will fund its economic policies
Economyto resort to private funds as was the case last year. 2) Tackling tax evasion, financial crimes and fuel smuggling. Estimated revenues are seen at 3 billion euros from the first year, yet SYRIZA... with estimated revenues of 3 billion in the first year. 4) Reallocation of 3 billion euros from
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Greek unemployment drops slightly to 25.8 pct in October on lower jobless
EconomyMacroeconomyin the number of employed slowed from the year high of 1.4 percent recorded in September. There was a small acceleration in the year on year (YoY) performance of the rate of decline for the jobless... the year peak of 59.7 percent in July. Unemployment among women remained below the 30-percent mark
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Newsletter 10 - 09/01/2015
reached 0.76 billion in December 2010, a year that saw total outflows of 29.44 billion. Similarly... was an exceptional year, with inflows of 5.75 billion in December corresponding to more than half of the 11.4 billion inflows recorded in the second half of that year in the aftermath of the June
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Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec
EconomyMacroeconomya primary cash deficit of 1.19 billion, which is the worst monthly performance for the whole year... in the second quarter of the year. Excluding this one-off item, the underlying BoG figure indicates a drop... contribution to the European Stability Mechanism (ESM) of 901 million last year and 451 million euros
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