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EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
EconomyMacroeconomyis lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2... rise in investment spending. In spring, the EC expected the Greek economy to grow by 2.2 percent... increase in spending that has yet to materialize. On the fiscal front, the EC sees the primary surplus
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Banks gear up for 2020 stress tests as evaluation begins
EconomyBankingin 2019, to 4.8 percent in 2020, 2.6 percent in 2021 and 2.2 percent in 2022. Commercial real estate...-term outlook for global economic growth has remained weak amid elevated political/geopolitical.... For Greece, this translates into a decline of economic activity of -2.2 percent this year, -3.5
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingloans to BC Partners-owned United Group has been completed. The bank is continuing with preparations... since early March, totalling 2.2 billion since the start of the year. Funding costs (i.e. interest... and rose to 2.2 billion in the year to date, which is in line with the bank’s new loan origination target
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CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
EconomyMacroeconomyfor February increased by 0.2 percent compared to January. The CPI has remained consistently negative... of -2.2 percent seen in July 2015. The data showed that the core index fell by 1 percent in February, less... in transport. This was followed by household equipment (-2.2 percent) and housing (-1.9 percent
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GDP continued to slow in Q4, rise for 2023 at 2 pct
EconomyMacroeconomy(ELSTAT) revealed on Thursday. The Greek economy has been growing continuously QoQ now since Q2... forecasts, the Parliamentary Budget Office expects the economy to grow by 2.2 pct this year and by 2.2 pct in 2024. The European Commission in its winter forecasts sees the Greek economy growing by 2.4
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Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
EconomyMacroeconomyin the middle of last year, the index has been growing for the last six months. Last year’s annual growth was a modest rise of 2.2 pct YoY. Month-on-month (MoM), the seasonally adjusted index in February..., industry confidence is now up by 2.2 points. In addition, Greece’s Manufacturing PMI continued its
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Trump trade war could take a toll on Greek economy
EconomyMacroeconomyto the US were just under 2.2 billion euros, reaching 2.4 bn, equivalent to around 1 pct of Greek... at around 522 million euros, while the US has its largest trade surplus with Greece in fossil fuels... continued to decline, falling by 2.2 pct in 2024, after falling by 8.5 pct in 2023. Greece's total
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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomyratio. Next year’s growth is seen at 2.4 percent, from 2.2 percent this year, with private consumption... will double to 4.5 percent, from a 2.2 percent rise in 2025, while imports also accelerate, growing... reforms that were announced in September. The government has already implemented 1.51 billion euros
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Energy continues to drive import prices as May sees 13.3% YoY rise
EconomyMacroeconomyAuthority (ELSTAT) on Tuesday. Month-on-month, the index decreased by 5 percent, from the rise of 2.2 percent in the previous month. The index peaked in April 2022 with a 39.1 percent rise and has been...-eurozone market, and a 2.2 percent rise from the eurozone market. Refined oil products jumped by 74
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Newsletter 88 - 16/09/2016
-systemic bank that has just 1.5 percent of the market share in the Greek banking sector. Local media... independent bodies. Given that it has to focus on completing the prior actions in the next days, before... that lasting damage has already been done. Property tax details revealed Unemployment declines again in Q2
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