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Mortgage loans a key piece of NPL reduction puzzle
EconomyBanking1.1 percent versus a fall of 24.6 percent in the consumer loans portfolio and 15.7 percent... figures have to fall to 25.3 billion and 17.6 billion, respectively. As the BoG report outlined... to fall to 35 billion euros by the end of 2021. Auctions are expected to generate 35 percent
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomya fall of 8 percent YoY to 166.3 million. On an aggregate basis, the C/A deficit worsened by 524 million... a net decrease in residents’ external assets which stems largely from a fall of 128 million euros... to a 1.2 billion-euro fall in non-residents' holdings of Greek government bonds and T-bills. During
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Newsletter 175 -21/09/2018
, bad loans in mortgages fell by only 1.1 percent versus a fall of 24.6 percent in the consumer.... By the end of the year, those figures have to fall to 25.3 billion and 17.6 billion, respectively... was led by an increase of 18 percent in the manufacturing index, which offset a fall of 6.8 percent
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Disposable income grows by 3.3 pct in Q2
EconomyMacroeconomylanded at 30.8 billion euros and largely reflects a fall of 3.8 percent in taxes on income and wealth, along with a smaller fall in social contributions and other current transfers. Since 2011... and benefits fell by 1.7 percent and reached 13.41 billion, with the fall across the last seven years
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Newsletter 184 -23/11/2018
continue to be fully implemented, pension spending will fall from 17 percent of GDP in 2016 to the euro... to fall. The report noted that while employment growth has slowed down, the share of full-time... performance was led by an increase of 14.7 percent in the manufacturing index, which offset a fall of 9.9
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Newsletter 189 -11/01/2018
gross debt fell by 690 million euros compared to a fall of 836 million in the previous month. EFSF... under 20 percent. The numbers of unemployed also continued to fall. There were 11,374 fewer unemployed... year-on-year (YoY) by 3.1 percent in November from a downward revised fall of 1.2 percent in October
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Retail turnover falls by 2.3 pct in Jan
EconomyMacroeconomyGreece’s retail sales index declined by 2.3 percent in January after a downward revised fall of 0.2... increases in turnover were seen in clothing and footwear with a fall of 12.8 percent. This was followed...). The volume decreases on an annual basis was led by a 12.8 percent fall in clothing and footwear, along
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General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
EconomyMacroeconomybillion euros to stand at 1.30 billion euros. Overall, the state budget primary balance showed a fall... underlying subcategories. The biggest fall came from tax refunds which fell by 8 million euros... rose by 873 million euros, compared to a fall of 1.38 billion euros seen in the previous month. EFSF
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Feb current account deficit at 990.4 mln as services balance improves
EconomyMacroeconomy’ net external assets showed a fall of 26 million euros. The most notable transaction reported... by a fall of 548 million in the holdings of foreign bonds and T-bills. A net increase in external... displayed a net decrease in residents' external assets, due mostly to a fall of residents’ holdings
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Newsletter 206 -17/05/2019
, the state budget primary balance showed a fall of 426 million euros to come to 1.17 billion euros... of the six underlying subcategories. The biggest fall came from tax refunds which fell by 63 million euros... refunds came to 4.20 billion, beating the monthly target by 18 million euros. Building permits fall
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