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Greek banks' Eurosystem funding sees reduced drop of 334 mln in July
EconomyMacroeconomyFollowing a sharp drop by 13.88 billion euros in the preceding two months, Greek banks’ Eurosystem funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial statement. The outstanding amount landed at 44.62 billion euros at the end of July, from 44.95
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Structural problems and dramatic drop in funding harm mental health care in Greece
SocietyGreece’s mental health and integration systems have been ranked among the worst in 30 European countries due to structural problems before the crisis and a drop in direct funding of 64 percent under austerity, a report published last month has found. The country came 28th in The Economist
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
Economystating they saw a drop in turnover, with 18 percent indicating a nosedive above 50 percent and 51
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Lack of new orders and sharp drop in production lead to weak PMI in August
EconomyMacroeconomythat the ongoing drop in backlogs provides evidence of continued spare capacity. Input prices
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Trade deficit increases by 17.3 pct in Oct on large drop in exports
EconomyMacroeconomyGreece’s trade deficit rose by 17.3 percent in October from a drop of 24.2 percent in September, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. The October rate represents the first upward movement since April and the highest positive reading since December 2014. The absolute
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Drop in building activity accelerates to 11.3 pct in Oct
EconomyMacroeconomyGreece’s adjustment programme project a drop of 5 percent in 2016 and 1 percent in 2017 following
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Industrial turnover dives 15.1 pct in Feb on sharp drop in energy turnover
EconomyMacroeconomyGreece’s Turnover Index in Industry sank by 15.1 percent in February, from an upward revised 13.8 percent drop in January, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday. The headline figure in February represents the 16th straight negative reading and the 8th showing a double
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Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
EconomyMacroeconomy. There was a notable drop of 30.7 percent in arrivals from non-euro area countries within the EU28
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Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln
EconomyMacroeconomycredit (-27.8 percent) and corporate lending (-22.3 percent), while the drop rate in housing loans
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PMI falls again in October amid ongoing drop in output and new orders
EconomyMacroeconomyGreece’s Manufacturing PMI edged down for the second straight month in October, when it fell by 0.6 points, after a drop of 1.2 points in September, Markit’s survey showed on Tuesday. PMI landed at 48.6 in October, which is the lowest reading since May and the seventh sub-50 figure in the course
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