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  1. Newsletter 272 -06/11/2020

    Newsletters

    sees 2020 at -9 pct, from -7.5 pct in September and does not expect next year’s recovery to exceed 5... measures for stricken businesses and workers, and permanent tax cuts. EC forecasts 9 pct dip, 5 pct... been trimmed by 1 percentage point, to 5 pct. Growth for 2022 is seen at 3.5 pct. The Commission notes

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  2. NBG results show net profits of 602 mln euros in 9M
    Photo by MacroPolis

    EconomyBanking

    ) to 171 million. Year-on-year (YoY), the figure fell by 5 percent to 439 million in 9M 2020 compared... and the continuing repricing of time deposit. In 9M, NII fell by 5 percent to 855 million euros. Trading.... On an annual basis, Greek deposits grew by 5 percent YoY with inflows of 2.3 billion. Net fee

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  3. Newsletter 291 - 02/04/2021

    Newsletters

    before the pandemic outbreak. Separately, Greece’s economic sentiment (ESI) rose by 5 points month... points. Retail turnover drops by 5 pct in January Volume decreases 3 percent, led by decline... lockdowns. Greece’s retail sales index decreased by 5 percent in January following a revised drop

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  4. Common ground absent after latest round of Cyprus discussions
    Photo via https://flic.kr/p/2kVvjiW

    PoliticsForeign Policy

    of the island's 1960 independence, plus the UN. The new 5+1 meeting ended with no result and with the two... of the summer to hold another informal 5+1 meeting. Many already believe that a “make or break” conclusion..., and any solution should clarify issues related to autonomy in the decision-making process. The 5+1

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  5. Economic sentiment rises to 108.6 pts in May; industry hits 2007 high
    Photo by MacroPolis

    EconomyMacroeconomy

    Expectations Indicator (EEI) came to 110.9, rising by 5 points, after dropping by 3.4 points in April... points to -22.2, from nearly 5 points rise in April. Consumer confidence is now 7.8 points higher..., staying positive at 5 points. Finally, the construction confidence dropped in May by 7.2 points

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  6. Productivity developments in the Greek public and private sector
    Photo by MacroPolis

    Agora

    In Blog 5 for Macropolis, we demonstrated that in Greece the government employment trend... sector (what blog 5 was all about). The combination of these two pieces of information, real GVA... has continued this policy (see our Blog 5, May 2021) . We can look into these numbers with more

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  7. GDP rises by 4.4 pct QoQ in Q1 and falls 2.3 pct YoY

    EconomyMacroeconomy

    , growing 2 percent QoQ. Compared to Q1 2020, exports fell 13.4 percent while imports dropped 5.... The IMF sees a rise of 3.8 percent in GDP for 2021, followed by a further recovery of 5 percent in 2022. The OECD this week predicted that GDP will rise by 3.8 percent this year and 5 percent in 2022.

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  8. Newsletter 316 - 12/11/2021

    Newsletters

    few months. Trust in the government’s approach stands at 2.6 on a scale of 1 to 5, which... by the end of 2019. Next year’s debt is seen rising by 5 billion euros to 355 billion, according... pct increase in electricity supply, followed by an 8.3 pct rise in manufacturing and 5 pct in mining

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  9. Public sector capital stock in Greece and the Euro-19

    Agora

    formation; and we deduct 5 percent depreciation of the existing prior year real capital stock... different from the 5 percent proxy we used above to calculate the depreciation of the effective economic... is if the consumption of fixed capital speeds up somewhat ahead of our notional 5 percent depreciation

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  10. Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
    Photo by MacroPolis

    EconomyBanking

    percent a year ago. The NPE stock was marginally below 5 billion euros at the end of Q1, from 21.3... euros last year. NII also dropped QoQ in Q1 by 5 percent, from 298 million euros in Q4. The net... valuation. Recurring operating expenses dropped by 5 percent in Q1 2021 to 245 million euros. Loan loss

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