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Industrial production falls by 1.2 pct in May
EconomyMacroeconomyincrease of 6 percent. This was followed by consumer non-durables (+5.3 percent), intermediate goods (+1.6 percent) and capital goods (+1 percent). A drop of 10 percent was noted in energy production..., industry confidence has improved by 1 point. Additionally, Markit’s manufacturing PMI came to 52.4
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New Democracy tax pledges put spotlight on available fiscal space
EconomyProgrammebring in just over 1 billion euros in revenues each year. Mitsotakis also declared his government’s... of around 6 billion euros over the next few years. This immediately prompted questions from... to allow any firms that owe up to 1 million euros to the state to join the scheme. Regling
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Support for euro grows in Greece, strong mistrust of EU easing
Society, Greek trust in the EU gained 6 pps. Historically, trust for the EU among Greeks began to decline... (+1 pps versus autumn 2018) and 93 percent saying that it was bad (-1 pps versus autumn 2018). When
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingquarter, falling by 1.4 billion euros QoQ. This was driven by sales of NPE portfolios totalling 1.... The negative formation in Q2 came to 1.36 billion euros, which includes 1 billion euros from the ‘Mirror... quarter of the year. P&L Net interest income (ΝΙΙ) rose by 6 percent QoQ to 309 million, which
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ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politicstheir support drop by 1 percentage point since September, but New Democracy is on 38.5 percent, with SYRIZA lagging on 25 percent. KINAL remains on 6 percent, ahead of the Communist Party (KKE) on 4.5... taxation, 10 percent identified law and order issues and 8 percent investment. Just 1 percent pointed
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Central government debt down to 353.85 bln in Q3, average maturity stable at 21 years
EconomyMacroeconomy, representing 6 percent of the total. The breakdown also showed that special purpose and bilateral...-term (over 5 years) debt made up 77.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.1 and 10.3 percent of the total figure, respectively
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Newsletter 229 -22/11/2019
years. The overall surplus will reach 1 percent of GDP in 2020, in keeping with the requirements... the target by 811 million. Overall, the PIB balance landed on a deficit of 1 billion euros. Greece’s... (+6 percent) and intermediate goods (+3.4 percent).
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Overall loan interest remains at 4.34 pct in December
EconomyMacroeconomyat a floating rate dropped by 6 bps to 2.78 percent. The average interest rate on corporate loans without... in the previous month. Deposits The overall weighted average interest rate on new deposits dropped by 1... interest rate on deposits from households with an agreed maturity of up to one year decreased by 1 bps
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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomy), followed by extrabudgetary funds (-56 million), local governments (-8 million) and hospitals (-1 million). Increases were seen in tac refunds (+161 million) and state budget arrears (+6 million... of the total). Bonds edged up by 1 million month-on-month and stood at 55.60 billion, representing 15.6
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Newsletter 250 -11/05/2020
percent. Primary cash surplus at 774 mln in March Study suggests 1 in 3 employees could work remotely... was unchanged month-on-month at 320 million. Gg entities edged down by 6 million month-on-month, while... make up just 1 percent. On the other hand, industrial plant, machinery and equipment operators have
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