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Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomydeposit rate has dropped by 17 bps year to date and overall by around 100 bps over the past 12 months... mixed trends with that for amounts between 250,000 and 1 million euros slipping by 6 bps to 5.17... by 1 bp to 4.84 percent. The minor changes in the average deposit and lending rates led the average
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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammeof the total figure. In contrast, 1 percent of debtors owe more than 1 million euros each, accounting for 80... that the respective debt stands at more than 20 billion or about 12 percent of GDP, with the bulk... remains very low at around 1 percent, while the lion’s share of SSC could be considered uncollectible
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About to soar? Greece's economy still needs to be handled with care
Agoraconsumption remains resilient, up by 0.7 percent in the second quarter and 1 percent in the first... are foreseen to increase by at least 1 billion and range between 14.2-14.5 billion. This pick-up..., its lowest level since January 2012, having been reduced by 1.9 percentage points over the last 12
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Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4
EconomyMacroeconomylargely by a rise in the number of unemployed by 36,782 quarter-on-quarter to over 1 million, along... time since Q3 2011 when the absolute number of unemployed dipped below the 1 million mark. This trend... (over 1 year) declined for a fourth continuous quarter to 722,900. Out of the total, long-term
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Lenders appear at ease with Tsipras pledges, cautious on pension cuts
EconomyProgrammerate dropping 1 percentage point from 13 percent to 12. There was no immediate negative reaction from... services, as well as other civil servants would receive before the end of the year around 1 billion... necessary and that the Greek side will argue in its discussions with the creditors that going ahead with a 1
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Newsletter 192 -01/02/2019
into force on Friday, February 1. The increase was more than had been expected and above the level... time in a decade to 650 euros per month, from 586 euros currently, effective from February 1... their earnings improving as of February 1. The new minimum wage of 650 euros gross translates into 546
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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingsecuritisations in Greece and contains non-perfoming loans (NPLs) of up to 12 billion euros... decisions. P&L NII came to 387.1 million, up by 1 percent QoQ which was led by business loan... percent at the end of September 2019. Capital At the end of December 2019, the Common Equity Tier 1
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Labour market developments in Greece during Covid-19
Agora, their skills are not being used and may depreciate if unemployment is of long duration (over 12 months... as possible. Let us look at unemployment in more detail. What do the numbers from ELSTAT tell us? Figure 1... the pandemic (e.g., SURE)[1] have sought to alleviate the impact on the labour market. Recommendation
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Covid restrictions to be relaxed but public fixated on cost-of-living crisis
PoliticsGreek PoliticsPlevris announced that from May 1 vaccination certificates will not be needed for outdoor and indoor... to operate at full capacity. From June 1, masks will not have to be worn indoors, although there will be some..., support for ND stands at 30 pct, down 1 point on last month, while SYRIZA’s backing is at 24.5 pct
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Newsletter 340 - 03/06/2022
, which suggests that next week’s number could be nearing 12 pct, placing the prices growth at levels..., are evident in the latest PMI release that hit the lowest in over a year at 53.8, down by 1 point..., consumption is seen lower by 1 percentage point and investment down by 2.2 points, leading to a real GDP
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