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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyconsumption represents the majority of GDP, making up 88.1 percent of the total figure in Q1... represents almost 21 percent of the total. The latest MoF budget tabled at the end of 2018 estimates... deficit, which landed at 5.34 billion. The driving factor was a 13.6 percent increase in exports, while
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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomyloans (target: 50 percent) and 43.9 percent for residential loans (target: 43.2 percent). The total... at an additional amount of 4.7 billion, bringing the total amount of loan sales for the period... euros, around 600 million lower than the target. Residential NPLs landed exactly on target at 20.5
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Hirings balance hits new record high of 108,725 in May
EconomyMacroeconomypercent of the total, compared to 38 percent for part-time work and 12.2 percent for shift work. The share of males among total hirings edged down very slightly to 55.4 percent in May from 55.5 percent... percent were layoffs. Full-time hirings landed at very slightly more than 50 percent, down from 55.6
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Newsletter 172 -27/07/2018
last year. Receipts were driven by an increase of 23.6 percent in foreign arrivals, coming to a total.... The absolute figure landed at 26.76 billion euros and largely reflects a rise in taxes on income and wealth, along with a smaller rise in social contributions. The figures showed that employees’ total
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomypercent YoY. Final consumption represents the majority of GDP, making up 86.8 percent of the total figure.... Government spending represents around 18.9 percent of the total. The latest MoF budget for 2019... deficit, which landed at 16.39 billion. This was driven mainly by a 16.9 percent rise in exports
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Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
EconomyMacroeconomy. For 2018, revenues stood at 2.64 billion, below the target by 1.22 billion euros. Of the total... of the total PIB expenditure, 3.60 billion came from co-funded sources while 2.64 billion stemmed from... been originally scheduled. The budget balance in 2018 fell into negative territory and landed
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Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
EconomyMacroeconomy. For 2018, revenues stood at 2.64 billion, below the target by 1.22 billion euros. Of the total... of the total PIB expenditure, 3.60 billion came from co-funded sources while 2.64 billion stemmed from... as had been originally scheduled. The budget balance in 2018 fell into negative territory and landed
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Primary cash balance at surplus of 438 mln in May
EconomyMacroeconomyeuros to 17.75 billion euros against last year’s total of 17.71 billion. Expenditure for May rose... January to May showed a strong increase of 1.94 billion euros, bringing the total to 21.46 billion euros... million euros. The overall cash balance landed at a deficit of 2.07 billion euros compared
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Newsletter 212 -28/06/2019
showed that the total figure has risen by 30.24 billion euros year-on-year and stood at 358.95.... Total expenditure came to 21.95 billion, landing above target by 255 million. In addition, the PIB balance landed on a deficit of 168 million euros. In the first five months of the year, the primary
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Primary cash balance at deficit of 24 mln in Jun
EconomyMacroeconomyto 20.89 billion euros against last year’s total of 21.91 billion. Expenditure for June rose by 181... showed a rise of 1.41 billion euros, bringing the total to 25.77 billion euros. The Public Investment... billion euros. The overall cash balance landed at a deficit of 3.39 billion euros compared
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