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Newsletter 464 - 30/05/2025
on the defensive. The scandal revolves around the Greek Payment and Control Agency for Guidance and Guarantee... filed against OPEKEPE officials—at least, not yet. Damage control The scandal took a dramatic turn last... scrambling to control the political fallout, seeking to counter opposition accusations of corruption
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Deposits down for fourth month in a row as tax obligations rise
EconomyMacroeconomybe perceived as a permanent loss for the domestic banking system. Furthermore, the continued erosion
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Greek deposits slip in October as credit also contracts by 3.9 pct
EconomyMacroeconomyas a permanent loss for the domestic banking system. Furthermore, the continued erosion of household disposable
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Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
EconomyMacroeconomy, a fourth-quarter GDP contraction at third quarter levels (i.e. at 3 percent) will result in a GDP erosion
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Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomybe considered as a permanent loss for the domestic banking system. The continued erosion of household
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Deposits up again in December but credit contraction continues apace
EconomyMacroeconomyfor savings negative flow is the continued erosion of household disposable income, with latest official data
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Sales season pushes November retail volume to growth for the first time since March 2010
Economythe continued erosion of Greek households’ disposable income on lower compensation of employees
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Shortcomings in healthcare seen at forefront of austerity impact in Greece
Societyconcern is the erosion of health coverage. Social health-insurance coverage is linked to employment status
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Greek deposits fell by 1.4 pct in January amid outflows of 2.3 bln
EconomyMacroeconomyover this 19-month period. The key reason for the negative flow of savings is the continued erosion
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomyfor the negative deposit flow is the continued erosion of household disposable income, with latest
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