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Greek bond yields edge up as PEPP winds down
Economymonths ago. The official debt strategy is due to be published next week by Greece’s Public Debt... to purchase GGBs and place them with the ECB for cheap TLTRO liquidity. Rising yields It is evident over... and 2.5 billion euros in the 10-year in June. ECB officials have hinted in the last couple of weeks
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Newsletter 386 - 23/06/2023
and being replaced by populist Plefsi, led by another former SYRIZA official – Zoe Konstantopoulou... sectors thanks to easy and cheap access to credit. These signs reappeared in 2022 though due... the government and keeping the officials on their toes. Mitsotakis has also spoken publicly of his intention
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomypositive increasing by 47.7 million year on year to 61.7 million and largely reflects a rise of 26 percent... in the current transfers and services’ surpluses by 468 and 385 million respectively. In addition, income... balance led to a significant improvement in the transport services balance. The latter was the key
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomy, close to 5 percent, to 26 million in 2017. Moreover, travel receipts are estimated to rise... driven by a significant increase of 5 percent in exports of goods and services, thanks to a very strong... Exports of goods and services recorded a second consecutive quarter of growth in Q3, accelerating by 5
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November current account deficit at 954 mln, goods balance improves
EconomyMacroeconomythe month to 225.1 million, while payments fell by 26 percent to 122.6 million. The increase... the secondary income deficit improved by 15.4 million. The services balance also recorded a smaller... and by 7.2 percent at constant prices. The services balance increased by 3.1 percent for November
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Newsletter 141
arrivals to rise by 1.2 million to 26 million visitors in 2017. In September, the travel balance... by strong services balance growth as travel receipts continue to increase Travel receipts rose by 15.5... euros year-on-year and was driven by a 350 million rise in the services balance, and by the deficit
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GDP rises by 0.5 pct in Q2 as signs of recovery emerge
EconomyMacroeconomywill increase by 1.2 million (or 4.8 percent) to 26 million in 2017. Moreover, travel receipts are estimated..., after a marginal rise of 0.1 percent in 2016. Exports Exports of goods and services jumped by 3.8... than 4 percent QoQ and 8.8 percent YoY, while services’ exports contracted by 3.7 percent QoQ
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No fear of the bear? Bilateral economic relations between Germany and Russia
Agora. In 2015 German exports to Russia declined by 26 percent compared with the previous year. The decline... Department of Financial Services and the UK's Financial Conduct Authority each launched separate... on transaction banking services. The move made Russia the first casualty of the bank’s sweeping plan to shrink
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October budget primary surplus confirmed at 5.74 bln
EconomyMacroeconomymillion euros (-0.3 percent), VAT on other goods and services by 26 million (-0.2 percent) and sales of goods and services by 19 million (-1.2 percent). Tax refunds came to 3.93 billion euros...), other taxes on services by 65 million (+4.2 percent) and corporate income tax by 22 million (+0.7
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RRF proposals and Pissarides report chart direction of travel for post-pandemic Greece
PoliticsGreek Politicsservice and of Greek businesses, smart transport infrastructure, justice reform, and targeted reforms... investments, while others are intended to fund public service reforms such as the strengthening... given New Democracy the opportunity to fast-track some of the Pissarides proposals – arguably some
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