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Survey finds only 60 pct of hotels operated in the year so far
EconomyFeaturesThe Hellenic Chamber of Hotels (HCH) has released a new survey of its members which shows the troubled state of Greece’s hotel sector in the midst of the coronavirus pandemic. It found that only 60 percent of hotels operated during the year to date. Reg...
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyfor the second consecutive quarter mainly reflects a rebound in final consumption by 1.1 percent, falling..., real GDP grew by 1.1 percent, while nominal GDP eased by 0.2 percent, fully due to the negative... continues recording a strong performance so far this year, despite some concerns raised in Q2
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankinglower by 163 mln QoQ to 36.7 billion, while has recorded a cumulative drop of 1.1 billion over.... On the P&L front, core operating income improved by 1.1 percent QoQ to 570 million euros, reflecting... percent in Q2. The bank said deposits increased by almost 800 million in the course of Q3 so far
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Newsletter 110 - 10/03/2017
Pause in talks, key obstacles remain ND far ahead in polls but most voters do not want snap... posted a marginal growth QoQ. The provisional estimates also showed that GDP fell by 1.1 percent year... that for unemployed fell for the fourth consecutive month by 2,300 to 1.1 million. Over the last twelve months
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CPI declines by 0.2 pct in March for year’s second negative reading
EconomyMacroeconomyonce more, representing the second time in the year so far that the index has turned negative... in March, declining from 0.4 percent in February. The annual average HICP for 2017 was positive by 1.1... as prices return to pre-seasonal sales levels. This was followed by household equipment (+1.1 percent
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The race to reduce Greece's bad loans
EconomyBankingon target for the quarter and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During the quarter, corporate... far, the signs are encouraging for Greek banks. However, it must be kept in mind that while interest
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Newsletter 465 - 06/06/2025
intent by unveiling €1.1 billion in spending, including €600 million allocated to renters, pensioners... alongside the European semester in which the growth outlook remained unchanged, and far superior... of 1.1 billion euros, with 600 million euros directed at a one-off handout to pensioners and the rebate
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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 607 million euros to 2.38 billion in the 7-month period of 2016 from 2.99 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday. It is worth noting though ...
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HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) recorded net losses of 1.14 billion in the first half of 2016 from 4.15 billion in the corresponding period last year, according to the interim financial report published on Wednesday This year’s bottom line ...
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening. The fiscal performance largely reflect...
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