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  1. General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    transfers which increased strongly by 1 billion to 2.01billion euros from 1.01 billion a year ago...) and extrabudgetary funds (-1 million). Increases were noted in hospitals (+87 million) and local governments... of the total. Bank of Greece lending edged up by 1 million in February and came to 2.38 billion, which

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  2. Newsletter 210 -07/06/2019

    Newsletters

    contraction of 1 percent in 2017. The ongoing stabilisation of property prices, now in its fifth quarter... following a rise of 1 percent in April, figures from the Hellenic Statistical Authority (ELSTAT... Compared to Q4 2018, the index showed a fall of 1 percent Greece’s seasonally adjusted (SA) Wages

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  3. Newsletter 217 -02/08/2019

    Newsletters

    for those on lower incomes and the middle class.” He said that those owning properties worth more than 1... from 5 percent to 3 percent. Furthermore, businesses that owe up to 1 million euros (the original debt... issue 26-week T-bills just short of 1 percent with the eight issues of this duration over the year

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  4. Newsletter 218 -06/09/2019

    Newsletters

    and operate a casino on the site. He also pledged to invest more than 1 billion euros. On the back... prices increased by 1.7 percent in 2018, compared to an average price contraction of 1 percent... to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price increases

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  5. Hotel owners sound warning over Thomas Cook revenue losses
    Photo by MacroPolis

    EconomyFeatures

    were 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came... multiplier effect is added in, which estimates that for every 1 euro of tourism revenue generated

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  6. Newsletter 224 -25/10/2019

    Newsletters

    a major departure from what has gone before, will apply for anyone paying contributions after January 1..., in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third... of 1 percent Household final consumption rose by 1 percent while the absolute figure for Q2 stood

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  7. Lockdown reduced spread of Covid-19 by 80 pct, research indicates
    Photo by MacroPolis

    Society

    . The R number is considered important by epidemiologists because once the number rises above 1, it is considered that there is a risk of an epidemic. When the R number remains under 1, the risk... estimated that the impact of the lockdown was so extensive that it would have reduced the R number to 1

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  8. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    ) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent... improved to 83 percent versys 85 percent a year earlier. Capital The Common Equity Tier 1 (CET1) ratio

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  9. Newsletter 277 -11/12/2020

    Newsletters

    slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... by 1​.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure... at 107.41 billion. This represents a rise of just under 1 billion euros month-on-month. CPI falls

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  10. Greek fiscal deficits and debt since 2000
    Photo by MacroPolis

    Agora

    . There are other operations (Table 1 below) that can change the stock of debt without affecting... overall debt and, beyond debt, the state’s net worth.[1] Data in the general government bulletin... for the period 2000-2020 to see if these numbers tell us a plausible story. Table 1 summarizes

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