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Greek credit contracts by another 3.5 pct in Sept as balances ease to 212 bln
EconomyMacroeconomyfor the second straight month, slipping to 405 million in September from 478 million in August. September figure is the second lowest reading in the 9-month period of 2014. The negative lending flow in September... billion euros with the annual rate of decline slightly accelerating to 4.7 percent, the second
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The politics of debt dynamics in Greece
Agorawould be affected most prominently. Greece’s second (2011) macro economic adjustment programme... lender within 10 years after the IMF part of the second macro economic adjustment programme expires in the second quarter of 2016. [2] The Greek government’s 2014 debt projections are included
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Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBankingthat a second voluntary retirement scheme is underway targeting 1,200 employees, while the network has... significantly rose to 58 percent in Q3 from 51 percent in the previous quarter and is currently the second... percent in Q3 from 107.9 percent in Q2. Eurosystem funding remained flat QoQ for the second successive
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Greek economic sentiment and consumer confidence up again in November
EconomyMacroeconomyGreece’s economic sentiment rose for the second consecutive month in November, increasing to 102.7... period. Consumer confidence also improved for the second straight month in November, rising by 1... rise from the end-2013 figure of -15. Industry confidence increased for the second straight month
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Newsletter 5 - 28/11/2014
on February 12 and the second Eurogroup on February 16. Deputy Prime Minister Evangelos Venizelos... economic sentiment rose for the second consecutive month in November, increasing to 102.7 from 102.2.... Consumer confidence also improved for the second straight month, rising by 1 point to -49.9 from -50.9
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Greek banks' Eurosystem funding rises again in November, up by 1 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding increased for the second straight month in November, when it rose.... Although ECB funding retained a modest upward trend for the second successive month, the year to date fall... in exchange for HFSF participation in their capital increases in the second quarter of 2012. The Pillar
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Greek unemployment falls for seventh straight month, down to 25.7 pct
EconomyMacroeconomy. In contrast, the non-seasonally-adjusted (NSA) headline figure rose slightly for the second successive..., and is the second highest reading in the 9-month period of 2014 just shy of the peak of 59.6 percent posted in May. Female unemployment remained below the 30-percent mark for the second straight month at 29.5
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Where did all the money go?
Agorastates. Another 20.1 billion euros was provided by the IMF. The loans from the second programme agreed... payments that exceeded 40 billion euros, almost 122 billion euros in total. The second largest chunk... 11.3 billion euros was used to buy back over 30 billion euros worth of debt in the second debt
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Greek economic sentiment down in January but consumer confidence rises
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued retreating for the second straight month in January... for the second successive month by 4.9 points to -7.9, which is the lowest reading since April 2014. Services confidence also fell for the second consecutive month by 6.3 points to 9, reaching its lowest
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Greek credit contracts by 3.1 pct in December
EconomyMacroeconomypercent in November, according to the Bank of Greece (BoG). However, this was the second lowest... in November, yet both figures indicate the second and first lowest reading respectively in 2014. Note... slightly accelerated to 3.7 percent, yet it indicates the second lowest negative reading since April
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