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Newsletter 86 - 02/09/2016
rates remain 250-350 bps higher than the euro area average. In the household lending sector
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H1 exports show notable fall in many sectors but agricultural products buck trend
Economyto euro area countries increased their share to total exports to 41.6 percent, while those to the EU
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Turnover in tourism sector edges down 1.1 pct in Q2
EconomyMacroeconomycountries fell by 9.8 percent, while those from non-euro area countries within the EU rose by 5.3
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Industrial turnover sees 21st straight month of decline with 5.9 pct fall in July
EconomyMacroeconomyin the industrial turnover for the euro area countries, while that for the non-eurozone countries
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After Article IV consultations IMF says challenges remain, substantial debt relief is needed
EconomyProgrammehigh at 11 percent of GDP almost fivefold the euro area average of 2.5 percent. The proposed pension
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Broadly stable rate in time deposits, corporate loan rates fall in Aug
EconomyMacroeconomydeposit in Greece remains 34 bps above the euro area average rate of 0.53 percent. Overall, the weighted
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Moody’s affirms Greece’s rating at Caa3 with stable outlook
Economy) the measures that still need to be implemented and c) the political dynamics in the euro area. Moody’s notes
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Erdogan comments draw new, but cautious, response from Athens
PoliticsForeign Policyisolated from the European area to which it aspires to belong.” The issue gained even greater
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Industrial turnover edges up 0.2 pct in August in first rise since October 2014
EconomyMacroeconomycountries, while the turnover for the non-euro area countries edged down 1.6 percent. The breakdown
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Deposits edge down to 123.5 bln in September on outflows of 379 mln
EconomyMacroeconomyarea residents’ inflows of 386 and 200 million, respectively. As a result, the outstanding balance
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