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Greek economy braced for impact from Brexit, hopes effect will be limited
Economyup 9.2 percent of total foreign arrivals in Greece, according to the BoG. However, travel receipts stemming from the UK reached 2.02 billion and accounted for 14.3 percent of total. The average... the average for total visitors, which was 541 euros. In the 4-month period of 2016, which is not indicative
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Newsletter 82 - 15/07/2016
, the IMF foresees the share of employed between 55 and 64 years old in the total labour force... to revenue collection. This means the total stock of tax debt reached almost 89 billion euros... not helped relocate any migrants despite being allocated a total of 652 under European Council decisions
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Net job hirings hit 33,608 in June, highest since 2001
EconomyMacroeconomyshowed hirings stood at 239,573 in June and were partially offset by a total of 205,965 departures.... The share of men to total hirings was kept stable from the previous month at 54 percent... net hirings making up more than three quarters of the total monthly figure. The biggest share
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Recent steady rise in refugee arrivals pose extra challenge for Greece
PoliticsForeign Policyto decongest the “hotspots” on other islands. There are currently more than 10,500 migrants (out of a total... to relocate refugees from Greece. This is only 11 percent of the total target of 66,400 that is due..., just 2,213 refugees in total had been relocated from Greece to other EU countries. The process
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agoramillion, involved corporate loans. As a result, the total stock of the four banks’ NPLs edged down... percent of the total NPE reduction respectively Core revenues On the core revenue front, net interest... shifted towards ECB funding, which made up 38 percent of total in July from 35 percent in March. ELA
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How Greece's political system failed to safeguard the largest investment in the country's history
Agorain total capital needs of 40.54 billion euros, of which 27.5 billion related to the four core banks...) is with full voting rights. Overall, HFSF has contributed a total of 30.43 billion euros... of the Greek economy. If you add the amounts that were required for resolutions of banks, the total
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingthe NPE mix with retail loans making up 55 percent of total NPEs, the bank said that the retail NPE... 20 percent each to the total NPE cut, while write-offs will make up the remaining 40 percent... total costs to stand below 1 billion for the whole year, from 750 million in the 9-month period. Over
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Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
Economywith financial assets making up 22.5 percent of the total figure and equities accounting for only one fourth of financial assets, the negative performance of shares had a limited impact on the domestic total... showed 2.09 million Greek adults (22.9 percent of total) had wealth below 10,000 dollars, while for 4.72
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Newsletter 103 - 20/01/2017
that the capital-neutral price for NPE sales stands above 40 percent of the nominal value of the total NPE..., the total number of payment cards in the Greek market rose further by 3 percent in the first half... importantly, the total value of card transactions fell by 6.7 percent to 26.21 billion euros
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Newsletter 104 - 27/01/2017
climbed to 17.54 billion, an increase of 14.2 percent or 2.19 billion in 2016. Of the total overdue stock, 12.62 billion (72 percent of the total) involves basic SSC contributions and the remaining 4.92... of total assets. The study also showed that the household debt to disposable income ratio grew from 68.5
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