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August current account shows surplus of 1.56 bln as deficit in primary income account grows
EconomyMacroeconomypercent YoY. BoG noted that at constant prices, total exports of goods rose by 15.8 percent, and total imports by 6.1 percent. In absolute terms, imports came to 4.24 billion and exports to 2.54... in liabilities was driven by a rise of 2.2 billion in non-residents holdings of Greek government bonds
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Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
EconomyMacroeconomyin September. These fiscal interventions total 910 million euros, nearly evenly split between lowering... main categories, with tax revenues increasing by 2.2 percent year on year to 46.42 billion euros... disbursements earmarked to build a total buffer in the region of 26 billion euros so Greece could be fully
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Primary surplus confirmed at 6.44 bln in October on revised budget targets
EconomyMacroeconomybillion, while VAT revenues also rose by 2.2 percent to 13.62 billion. On a monthly basis, indirect taxes... exactly on target. Of the total revenues, 1.49 billion were EU funded while 198 million were from... the target by 1.32 billion. Out of the total PIB expenditure, 1.66 billion came from co-funded sources while
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Budget primary surplus at 7.61 bln in November as expenditure curtailed
EconomyMacroeconomybeat its target by 3.55 billion euros. Revenues Monthly gross revenues rose by 2.2 percent YoY... euros. Of the total revenues, 1.50 billion were EU funded while 360 million were from the government... by 1.55 billion. Out of the total PIB expenditure, 1.94 billion came from co-funded sources while 552
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Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
EconomyMacroeconomy, the figure for those employed increased by 138,566 or a rise of 3.7 percent. Total employment.... The unemployment rate among women fell by 2.2 percentage points (pps) year-on-year and came to 23.7 percent... departures. Compared to December 2017, there were 9,345 more departures than hirings. Total hirings came
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Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBanking, with the NPE coverage ratio standing at 47 percent for the group. The bank listed a total of 4.7 billion euros... period a year ago, NPLs have declined by 2.2 billion euros. By segment, NPL formation in the wholesale... platform. A total of 401 auctions were carried out in Q1, with a success rate of 32 percent. P&L
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Newsletter 213 -07/01/2019
. Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2... employment in December came to just under 70 percent of the total for those insured with Greece's... representing roughly 30 percent of the total, this is equal to almost one in three workers
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Newsletter 221 -27/09/2019
with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year... to 172,900. Finally, visitors from Russia fell by 15.2 percent to 106,400. In total, arrivals from the EU.... Deposits rise by 1.02 bln in August Total deposits come to 151.84 billion Net deposit movement
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgramme, the IMF notes that 80 percent of the total is held by the official sector, although as official... rate on the total debt is now seen at 2.4 percent, from 2.8 percent in March. Within this framework... and averaging 2.2 percent after that. It also considers all of SMP and ANFA profits used for debt service
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GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomyrepresents the majority of GDP, making up around 87 percent of the total figure in Q3, with private... around 20 percent of the total. In the final budget for 2020 submitted to Parliament, the Ministry... by 1.8 percent this year, which is lower than the 2.2 percent expected in the spring forecasts
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