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  1. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consumption fell by 2.1 percent, leading total consumption up by 0.6 percent. Private consumption retains the lion’s share of GDP, making up 69 percent of the total figure. The latest European Commission... displayed exports of goods declined by 5 percent QoQ and 2.2 percent YoY, while services’ exports

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  2. Newsletter 131 - 8/9/2017

    Newsletters

    . A total of 95 prior actions have to be ticked off for the third review to be concluded. Further.... SSF arrears came to 2.30 billion euros at the end of July, constituting 42.4 percent of total arrears. Tax refunds were the next largest contributor, representing 28 percent of the total, followed

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  3. Newsletter 133

    Newsletters

    by 14.9 percent and a drop in direct taxes by 11.9 percent. In total, tax revenues missed their monthly... deposit inflows rose. On a year-to-date basis, flows stayed positive for a second month to total 1.92.... Total inflows came to 1.20 billion in the eight-month period. Total deposits – which also include

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  4. General govt primary cash surplus at 6.39 bln in October, arrears continue to decline
    Photo by MacroPolis

    EconomyMacroeconomy

    of the total), T-Bills rose to 14.94 billion (4.5 percent) and repos increased to 16.50 billion (5... of the total. Arrears Arrears to the private sector (including tax refund arrears) fell by 200... constitute 19.4 percent of the total (832 million). Debt Central government gross debt rose by 3.78

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  5. Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    fell by 5 percent to 101 million. Foreign visitors were up by 7.4 percent year-on-year, which had.... Within this category, receipts from trips for leisure made up 85.8 percent of the total, up slightly... 835.6 million euros in revenue, representing 5.7 percent of the total revenue. Personal trips to visit

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  6. Newsletter 158 -20/04/2018

    Newsletters

    in manufacturing. Turnover for eurozone and non-eurozone countries increased by 13.1 percent and 5... euros to 11.33 billion euros against last year’s total of 10.72 billion. Compared to the same time... taxes up by 2.01 bln in Feb Total stock of overdue taxes climbs to 101.12 bln February’s increase

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  7. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    It is 5:59am on a Sunday morning. The host of the morning talk show, a man of near-pensionable age... in total (around 8 percent of all pensioners). However, in 2017 new measures were also pre-legislated... a million pensioners out of a total 2.5 million. These latest cuts will be felt immediately by a large

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  8. Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
    Image via www.eurobank.gr

    EconomyBanking

    in the Greek market which was partially offset by a rise of 5 million in the international market... quarters. As mentioned, the target for NPE stock across the rest of the year is for the total to stand... with a consortium for the sale of non-collateralised and unsecured consumer loans for a total outstanding

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  9. Newsletter 202 -12/04/2019

    Newsletters

    owes to the IMF has an interest rate of nearly 5 percent. From a debt sustainability and fiscal... newspaper. The PDMA has already around 70 percent of the total 7 billion euros that Greece... 6,043 owe above 1.5 million euros each. The total outstanding amounts owed by taxpayers according

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  10. Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
    Photo by MacroPolis

    EconomyMacroeconomy

    since Q2 2018, when the total came to 906,000. This was combined with a QoQ fall of around 19,700 in those employed, bringing the total to 3.81 million. The largest increase in employment in Q1... decline was seen in the 15-19 age group, where the unemployment rate fell by 5 pps YoY to 50.2

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