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January current account deficit at 1.18 bln as underlying components deteriorate
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 1.18 billion in January, deepening from December’s deficit of 1.51 billion, Bank of Greece (BoG) figures showed on Thursday. The respective figure for a year ago showed a deficit of 695.9 million, meaning that the deficit has worsened
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Unfavourable views of EU strongest in Greece, survey indicates
SocietyA survey by the Pew Research Center has outlined the opinions of Greeks and European citizens on the role of the European Union (EU) and its perceptions by citizens in several countries. The survey found that Europeans say Brussels promotes peace, democracy and prosperity, but fails to grasp
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Travel balance rises to 66 mln in January
EconomyMacroeconomyGreece’s travel balance rose notably in January with a surplus of 66 million compared to 13.5 million a year ago, Bank of Greece (BoG) data has shown. Receipts came to 232.4 million euros for the month, increasing by 53.2 percent year-on-year (YoY). Travel payments also rose by 20.4 percent
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SYRIZA set to name more MEP candidates, hoping for better results
PoliticsGreek Politics26, the prime minister has the option of calling a snap election in June. This would mean accepting
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Credit contraction at 0.6 pct in Feb, balance at 169.85 bln
EconomyMacroeconomyin the previous month. The balance for February came to 18.41 billion. The Greek market has been experiencing
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NBG reports full year net profits of 50 million euros from continued operations
EconomyBanking. This means that across this year, the bank has to reduce its stock of NPEs by 4.3 billion euros. The group
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Retail turnover falls by 2.3 pct in Jan
EconomyMacroeconomyand came to -31.6 in March. Compared to March 2017, consumer confidence has improved notably by 20.5
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Central bank points out signs of recovery in business lending
Economy. The stabilisation of the property market, with properties often used as collateral for loans, has also led
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CPI up by 0.9 pct in March, rising for eleven consecutive months
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.9 percent in March following an increase of 0.6 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. As of March, the index has remained positive for 11 consecutive months. Prices rose throughout 2018 with the exception
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Eurosystem funding falls by 825 mln in Feb, banknotes in circulation rise by 50 mln
EconomyMacroeconomyof 126.57 billion in June 2015, Eurosystem funding to Greek banks has steadily declined by 117.57
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