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General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
EconomyMacroeconomyreflects a drop in revenues by 10.1 percent to 21.72 billion euros, outweighing a cut in expenditure... up 43.5 percent of the overall arrears stock. Hospital arrears increased by 618 million YtD to 1.23... contributor to total stock with its balances landing at 809 million at the end of August making up
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Car sales drop by 28.5 pct in January
EconomyMacroeconomycompared to a drop of 6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed... came to 15,983 compared to 22,355 in January last year, a drop of 28.5 percent. Out of the total... was made up of lorries (2,703) and buses (129). Motorcycle sales fell by 21.9 percent from a year
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Sharp drop in oil costs drives 5.4 pct YoY decrease in import prices
EconomyMacroeconomyGreece’s import price index accelerated its contraction with a drop of 5.4 percent year-on-year... percent rise. Month-on-month, the index decreased by 1.5 percent, from a drop of 0.4 percent... from the non-eurozone market, and a 0.2 percent drop from the eurozone market. Refined oil products
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Despite solid annual growth of 28.1 pct, import prices record first back-to-back monthly drop since 2020
EconomyMacroeconomyfirst back-to-back drop since September and October of 2020, falling by 1.4 percent. The index’s... oil products up by 76.5 percent and extraction of crude oil and natural gas rising by 49.9 percent... reduction in manufacture of petroleum products and 1 percent drop in chemical products. In terms
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Energy keeps import prices in contraction for Jan with 4.6 pct YoY drop
EconomyMacroeconomyGreece’s import price index remained in contraction with a drop of 4.6 percent year-on-year (YoY... rise. Month-on-month, the index increased by 2 percent, from a drop of 1.5 percent in the previous... percent drop from the eurozone market. Refined oil products dropped by 26.5 percent, oil and gas were
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingmainly related to recalibration of the bank’s impairment model (970 million) and recoverability... income (PPI) fell 12 percent quarter on quarter (QoQ) to 363 million in Q4 reflecting a 2 percent drop... was slashed by 12 percent mainly attributed to a double digit drop in personnel (-14 percent) and general
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Retail turnover grows by 10.8 pct in Jan, volumes of food and fuel sales drop
EconomyMacroeconomyThe growth in Greece’s retail sales picked up pace in January, rising by 10.8 percent year-on-year... dropping by 1.3 percent in the previous month. The volume’s monthly movement was up by 0.7 percent. Compared to January 2022, automotive fuel was up 2.7 percent, non-food was up by 16 percent and food
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyshowing an increase of 0.7 percent YoY. Nevertheless, the drop of 4 and 3.9 percent YoY in the preceding...) indicated that the largest drop in the third quarter economic activity was posted in 2010 (-7.5 percent), followed by a drop of 6.7 percent in 2011 and 6.3 percent in 2012. The detailed breakdown
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Industrial production falls by 5.1 pct in September for seventh straight drop
EconomyMacroeconomy), mainly reflecting a double-digit drop in electricity production by 13.4 percent. In contrast, the other... and quarrying as well as manufacturing production displayed a marginal drop of 0.1 and 0.4 percent... movement. Capital goods recorded the highest drop (-15.1 percent), followed by energy (-6.4 percent
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomyon quarter (QoQ) in Q4 after an increase by up to 0.7 percent in the preceding three quarters, according... in the last nineteenth quarters (since Q1 2010). The largest drop in the quarterly economic.... During the crisis years, the biggest nosedive (-8.3 percent) was posted in 2011, followed by a drop
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