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Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
EconomyMacroeconomyapartments, classified as over five years old, saw their prices increase by 6.6 percent in Q4 versus a downward revised increase of 8.1 percent in Q3. Across 2019, old apartments saw an average price increase of 6.9 percent compared to a rise of 1.7 percent in 2018. In 2017, old apartments saw
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Newsletter 407 - 12/01/2024
regarding profitability champions in Greece for 2022. The study finds that companies involved in fuel saw.... Companies in the food sector saw their EBITDA increase by more than 50 pct to 718.5 million euros, while... up by 15 pct to 5.53 billion euros and metals products and construction nearly saw their sales
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Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomybillion euros, from 16.57 billion until April 2013, as developments in Cyprus, potential bail-in of bank... sentiment. Furthermore, a large part of total deposit outflows of 89 billion until June 2012 should..., is seen trimming deposit balances in the next months until recession bottoms out and the long-awaited
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Newsletter 28 - 29/05/2015
that the other issues cannot really be settled until there is a convergence on the fiscal targets... consultation until June 5, regarding the voluntary disclosure by taxpayers of undeclared capital... the other indicates that things can be smoothed over. Until we know the content of the agreement and how
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Greek banks' ELA ceiling lowered by 1 bln on improved liquidity conditions
EconomyMacroeconomythe provision of ELA to the banks of their country”. Until then, changes in the ELA limit were attributed... outflows of 7.58 billion, of which almost 70 percent were in the form of cash. Greek banks’ ELA funding was zero until December and sharply rose thereafter on huge deposit outflows of 44 billion until
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BoG looks at other programme exits and options available to Athens
EconomyProgrammebillion. According to the Commission, 17 billion euros is enough to cover funding needs until August 2019 and 20.3 billion to last until the end of 2019. The BoG also argues that it is imperative... the ECB to maintain the waiver for Greek government bonds until they regain investment grade
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Focus of discussion for lenders moves to debt relief, post-MoU framework
EconomyProgrammewith 48 billion euros, whereas its funding needs until the end of 2020 are between 44 and 45 billion... being followed by the government means that Greece will be fully funded until the end of 2020... days. The mission is not expected to return to Athens until early May. Its aim will be to secure
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Tsipras sticks to pre-election pledges as eurozone negotiations loom
PoliticsGreek Politicsa moratorium on all of his planned measures until the summer, by when a comprehensive agreement between... have proposed until now. He repeated Athens’s desire for a “bridging agreement” that would tide Greece over until the summer. As mentioned before, the SYRIZA-led coalition wants the go-ahead to issue
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme. These are estimated at 50 billion from October 2015 until the end of 2018 requiring new European money of at least... by September and financing needs until then would be covered by about 6 billion from the Hellenic... on highly concessional terms to cover the projected financing needs until the end of 2018 through
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Newsletter 64 - 26/02/2016
largely alien to Greece until now. Prime Minister Alexis Tsipras described it as a Ku Klux Klan-type... of Europe as a result of the influx of thousands of people from Syria, Iraq and Afghanistan. Until now... things up. Until recently, the impact of the refugee crisis was largely felt on Greece’s fringes, its
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