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EIB investment survey points to diminished investment appetite
EconomyFeaturesless in the current financial year due to the pandemic, versus an EU average of 45 percent... of their investment through external finance in the past financial year (26 percent) rising from 18... or hire purchase (15 percent). Within the last year, 71 percent of Greek firms said that they had
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The risk of losing control before help arrives
Agorasince the Spring and Summer of this year. The sense of small victories and looming defeats while working... as much as possible during the Christmas festivities and New Year period. In a word, hang on and keep... to look differently into the New Year while confronting a rough winter period. *Jens Bastian
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PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
Economydebt issuances in the next year. PDMA notes that in 2020 Greece managed to raise 12 billion euros... improved, compared to 2019, attracting real money investors throughout the year, with a much higher... of the Eurogroup agreement of 15 pct in the medium-term and 20 pct in the long-term. In terms of next year’s
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Retail turnover rises by 4.4 pct and volume by 4.7 pct in October
EconomyMacroeconomyby 2.8 points month-on-month and came to -48.3. Compared to the same month last year, consumer..., and worsened by 39.3 points year-on-year.
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Employment balance positive by 2,116 in December, 34,621 fewer jobs created in 2020
EconomyMacroeconomythe Labour Ministry’s Ergani information system showed. Compared to the same month last year... period last year showed a positive balance of 127,644. The activity between January and December this year was driven by hirings of 1,986,442 versus departures of 1,893,439.
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BoG warns pandemic will leave trail of bad loans, hastening need for new tools
EconomyBanking, before resuming a growth path of 4.2 pct this year and 4.8 pct in 2022. This is broadly in line... in the coming year, and that is without even factoring in the negative impact of the pandemic... of last year. Although operating income improved, banks booked 4 billion euros of loan loss
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New tax debt at 5.79 bln to November, rising by 847 mln month-on-month
EconomyMacroeconomy, lower than the figure for the same period last year by 16.8 percent. New unpaid obligations from tax..., showing 780.8 million collected out of 916.3 million due. In the first eleven months of the year..., meaning that for every 3.56 billion of taxes collected per month in the first eleven months of the year
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PM hopes for return to normality by summer, but vaccine progress remains slow
PoliticsGreek Politics. Pressed to give his prediction on when life would return to normal during a panel session at this year’s... in the European vaccination programme in the second quarter of the year, his comments put him... are due in the first quarter of the year, as well as 740,000 of the AstraZeneca vaccine which
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Disposable income rises by 1.6 pct in Q3 2020
EconomyMacroeconomyGreek household disposable income rose by 1.6 percent year-on-year (YoY) in the third quarter (Q3) of 2020, improving compared to a decline of 11.8 percent in Q2, according to Hellenic Statistical... to 31.52 billion euros a year ago. A rise of 8.3 percent was noted in other current transfers
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Retail turnover drops by 7.9 pct and volume by 6.9 pct in November
EconomyMacroeconomypoints month-on-month and came to -43.2. Compared to the same month last year, consumer confidence..., and worsened by 40.4 points year-on-year.
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