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Newsletter 207 -24/05/2019
years) debt made up 77.2 percent of the total, while short-term (up to 1 year) and medium-term (1... grew by 8.7 percent. The month’s performance was led by a decrease of 7 percent in the turnover
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Support for euro grows in Greece, strong mistrust of EU easing
Societythe economic situation of their country, with only 7 percent responding that they felt that it was good (+1 pps versus autumn 2018) and 93 percent saying that it was bad (-1 pps versus autumn 2018). When
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CPI remains static in July
EconomyMacroeconomy. The core index edged up by 1 percent in July, following a 0.3 percent rise in June. Additionally, the goods’ index fell by 0.7 while the services index increased by 1 percent. The harmonised index... transport by air (+28.5 percent), fresh vegetables (+11.4 percent) and pharmaceutical products (+7 percent
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Xi's visit carries promise of closer Sino-Greek political, economic ties
PoliticsGreek Politicsand Central and Eastern European countries, known as the “17+1” (17 CCE countries plus China). The next leaders’ meeting for the “17+1” is in April and Mitsotakis is expected to attend the gathering... from 7 million TEU to 10 million TEU. Approval was not given for the fourth container terminal
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Overall loan interest remains at 4.34 pct in December
EconomyMacroeconomyat a floating rate to small and medium-sized enterprises (SMEs) fell by 7 bps to 3.71 percent... in the previous month. Deposits The overall weighted average interest rate on new deposits dropped by 1... interest rate on deposits from households with an agreed maturity of up to one year decreased by 1 bps
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Reshuffle back on the cards as PM unveils plans for Greek industry
PoliticsGreek Politicsafter July 1, once the economy has fully reopened after the lockdown and “at a time of the PM’s... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise speculation focussing on the one-year anniversary of the New Democracy government on July 7. Industrial
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General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
EconomyMacroeconomygovernments by 1 million. No month-on-month change was seen in extrabudgetary funds and SSFs rose by 14.... In other underlying categories, a rise of 1 billion euros was seen T-bills bringing the total to 11.61 billion, making up 3.2 percent of the total. Bonds showed a rise of 7 million euros, which Bank
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingportfolios with a combined value of 7 billion euros. After reporting results, the bank announced... Phoenix in the Hellenic Asset Protection Scheme to the value of 1 billion euros. NBG’s domestic NPE... is valued around 5 billion euros with 1 billion of this relating to mortgages. NBG noted that it had
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Newsletter 268 -09/10/2020
be jailed for between 5 and 10 years, which can be reduced to between 1 and 5 years or even suspended... in 2012 with just under 7 percent of the vote, after campaigning on an anti-austerity, anti-establishment... will be just above 1 pct of GDP at 2.08 billion, recovering impressively from the 9.72 billion euros
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It's the hope that kills you
Agoraon June 1 was five and by the start of July it was 17. In mid-July, when the tourism season was declared fully open, the daily cases moving average was just 41. The total number of deaths by June 1... other day, before being forced into another general lockdown as of November 7. Deaths have risen
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