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Deposits rise by 1.43 bln in April
EconomyMacroeconomy. In April last year, net deposit movement was positive by 870 million euros. A breakdown of the figures... euros. Time deposits fell by 305 million euros. The latest deposit movement took the aggregate balance to a positive balance of 3.17 billion euros. The aggregate figure for the same period last year
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Corporate loans lead 6.6 pct YoY growth in lending
EconomyMacroeconomyThe credit expansion in the Greek private sector decelerated its pace in September, rising by 6.6 percent year-on-year (YoY), from 6.9 percent in the previous month, Bank of Greece (BoG) figures... at 70.18 billion euros. Credit to insurance corporations showed a net monthly inflow of 305 million
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankinginflow of 430 million, which is lower than the respective figure of 560 million recorded in the two-year... of 305 million was almost double that of corporates, while in the July 2015 – December 2016 period
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Newsletter 297 - 21/05/2021
Covid-19 is causing concern about the tourism industry’s prospects this year. of people who had... concern about the tourism industry’s prospects this year. The Finance Ministry, for instance, has... of year. They are pinning their hopes instead on last minute bookings as vaccinations progress
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Newsletter 163 -25/05/2018
percent of GDP next year, followed by the lowering of the tax-free threshold in 2020. Compensatory fiscal... four months of 2018 compared to a surplus of 1.73 billion for the same period last year, the Finance... by 641 million euros. The aggregate figure for the first four months of the year showed that primary
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Looking to build on support for relief measures, ND unveils new tax bill
PoliticsGreek Politicsadvertised in this summer’s election campaign. This measure is due to be adopted next year. For businesses, the key item is the reduction of corporation tax from 28 to 24 percent for this year along... of a flat tax aimed at convincing wealthy individuals to move their tax domicile. The non-dom scheme
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Newsletter 70 - 15/04/2016
its macro and fiscal forecasts, the IMF estimated Greek GDP will contract 0.6 percent this year... at 25 percent in 2016 and slipping to 23.4 percent next year. Given the ongoing negotiations, the IMF... 2015 One year on, substantial differences exist in government's approach There were many echoes
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A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
Economyprocess over a 7-year horizon with estimated revenues of 3 billion in the first year. This implies... for primary homes worth up to 300,000 euros (which expires at the end of this year) will be extended... are estimated at 3 billion euros from the first year refraining from providing details on specific
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Greece failed to improve economic competitiveness in 2014, WEF report shows
Economyof efficiency enhancers’ pillars showed minor movements from last year with Greece better performing in technological readiness (36th place from 39th last year) and higher education and training (43rd... improved cumulatively by 15 spots, 10 last year and 5 in 2013. Its current position, the lowest among
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Greek pensions: The unsolvable equation
Agoraof measures were legislated that have a full year effect of 1.1 billion euros, according to the budget... in 2010, the equivalent of 2 percent of that year’s GDP. Contributions evaporate By design, the Greek... billion euros in 2009 but are estimated to drop below 16 billion this year. Social security contributions
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