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  1. Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current deficit in March widened to 2.4 billion euros, from a deficit of 1.32 billion euros in February, Bank of Greece (BoG) data showed on Monday. In March 2022, the balance showed a deficit of 2.53 billion euros, while in March 2021 the curr...

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  2. Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit of 755 million euros last year, a drop of 20.7 percent. The profit was adjusted by normalising other income, after deducting significant trading income items ...

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  3. Athens looks for improving mood rather than tangible outcome from Erdogan visit
    Photo via https://www.tccb.gov.tr/en/

    PoliticsForeign Policy

    Athens sees the High-Level Cooperation Council between Greece and Turkey, due to take place this Thursday, as yet another opportunity for both sides to retain the positive mood in bilateral relations, which has existed for roughly the last 10 months. Ho...

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  4. Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 8 percent year-on-year (YoY), from 7.4 percent growth in the first quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The wa...

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  5. Does new troika visit spell fresh drama for Greece? Maybe not

    Economy

    rather than war.” What are the factors preventing the release of Greece’s next loan tranche? Greece still... to find out if the government has found a way to settle more than 500 million euros of state debts... is it due to get? Greece's program is steadily running out of financing, primarily because 11.3 billion

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  6. The wrong prescription
    Photo by MacroPolis

    Agora

    of speculation about how targets will be met. This time the focus is on the structural rather than fiscal side... experiencing Greece rather than the inside of a hotel or meeting room will tell you it is easier to find a pharmacy than a super market or convenience store. The argument that OTC medicines need

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  7. Greece stuck in the long tunnel of political transition
    Photo by MacroPolis

    Agora

    has now led the party into three elections. In each of them has failed to even get near matching... alliance took just over 8 percent of the vote. It was slightly more than expected but PASOK still attracted about 300,000 voters fewer than it did in the national elections of June 2012. This, along

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  8. The rise of a "Spanish SYRIZA" transform’s country’s politics
    Photo by Podemos Uviéu via Flickr https://flic.kr/p/nyP4KA

    Agora

    in a TV debate. As a result, Iglesias has 100,000 more followers on Twitter than the Spanish prime minister, Mariano Rajoy, and seven times more than the secretary general of the PSOE, the young Pedro... and is still larger than the sum of both parties’. But that is not what its rivals envy most: Podemos has

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  9. Newsletter 31 - 19/06/2015

    Newsletters

    get a better deal than if the negotiation focuses only on fiscal targets and adjustment measures... moderate outflows of around 2.9 and 1 billion, respectively. More than 70 percent of total withdrawals..., spending miss targets Greece’s budget execution showed that the 5-month primary surplus more than doubled

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  10. Newsletter 71 - 22/04/2016

    Newsletters

    Adjustment Programme (EAP) methodology, we get a primary surplus of 0.7 percent of GDP. The fiscal outcome for 2015 is above the recent government estimate of 0.2 percent and much better than the programme... the institutions that there is no urgent need for the legislation of contingency measures worth more than 3

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