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CPI remains static in July
EconomyMacroeconomybeen the first negative reading since March 2018. The average CPI for the rolling 12 months since July.... 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
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Newsletter 223 -11/10/2019
, PDMA underlines. Following an initial guidance of 1.55 percent and a minimum tap of 1 billion euros... so far. The average CPI for the rolling 12 months rose by 0.5 percent. Month-on-month, the CPI... in September, staying unchanged from August. Additionally, the goods’ index fell by 1 percent while
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Overall loan interest remains at 4.34 pct in December
EconomyMacroeconomya defined maturity increased by 12 basis points to 3.58 percent, while the corresponding rate on loans... 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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Newsletter 244 -20/03/2020
to purchase up to 12 billion euros of Greek paper. The announcement had an immediate impact on Greek bond... on Thursday that all-year round hotels would be shutting down until the end of April, with only 1... as of Wednesday. This concerns around 1 million employees and turnover of around 28.7 billion euros
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingoperations, results came to a loss of 1 million euros versus a loss of 571 million euros in Q4... quarter-on-quarter (QoQ) to 137 million. Year-on-year (YoY) fell by 1 percent compared to Q1 2019... dropped by 12 bps QoQ to 52 bps, with the frontbook coming in at 31 bps. As a result, the bank's
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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... for the number to be raised to 12 percent over the next four years, with a long-term goal of 15
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingPhoenix in the Hellenic Asset Protection Scheme to the value of 1 billion euros. NBG’s domestic NPE... to 12 percent in H1 from 25.9 percent in H1 2019 while the NPL coverage ratio came to 77.5 percent... is valued around 5 billion euros with 1 billion of this relating to mortgages. NBG noted that it had
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Greece persistently bottom of the list for EU gender equality
Societygender equality. The Index uses a scale of 1 to 100, where 1 represents total inequality and 100... banks versus 22.1 percent in the EU. Women make up 12 percent of members of the boards of research
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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicslast week that a second increase to the minimum wage would be adopted on May 1, SYRIZA seems to think... wage to be raised to 800 euros. The 2 pct increase on January 1 took the basic gross monthly salary... continues on its upward trend, rising from 11 to 12 pct.
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Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets
PoliticsGreek Politicsthat Greece can expect to secure around 1 billion euros in grants and 5 billion in grants from... homes by 2029. Covid One of the last remaining Covid restrictions is due to be lifted on June 1... and long-distance buses. Covid numbers in Greece have been falling in recent weeks, with a 12 pct
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