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Newsletter 164 -01/06/2018
outflow of 278 million, bringing the balance to 6.53 billion euros. Loans to sole proprietors showed
10% -
Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomyat an additional amount of 4.7 billion, bringing the total amount of loan sales for the period
10% -
What the ECB did next - a tale from another crisis
Agora. In the end the ECB did ‘whatever it takes’ bringing its powers to the wire. They are now one judgment
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Unemployment rate stable at 21.2 pct in Q1
EconomyMacroeconomyin those employed by 12,573, bringing the total for employed to 3.7 million. The absolute number
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Mitsotakis calls for no-confidence vote, hoping to exert more pressure on coalition
PoliticsGreek PoliticsKammenos has made it clear that he has no intention of bringing down the government. Mitsotakis
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Credit contraction unchanged at 1.9 pct in May, balance at 179.34 bln
EconomyMacroeconomyoutflow of 34 million, bringing the balance to 6.50 billion euros. Loans to sole proprietors showed
10% -
Trade deficit up by 30.9 pct in June as imports grow faster than exports
EconomyMacroeconomypointed to a YoY fall of 9.1 percent in the trade deficit, bringing the deficit to 10.53 billion
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Cabinet reshuffle expected to presage coalition's revival effort
PoliticsGreek Politicsemphasis on the importance of bringing back collective bargaining and increasing the minimum wage, which
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Tsipras and Mitsotakis gear up for economy pledges, with eyes on fiscal targets
PoliticsGreek Politicsis bringing down the corporate tax rate from 29 percent to 26 percent. These were among the so-called counter
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomyof 4.7 billion, bringing the total amount of loan sales for the period between June 2017 to 2019
10%