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Travel balance increases more than eightfold in May from last year’s lockdown
EconomyMacroeconomyGreece’s travel balance came to a surplus of 112.1 million euros in May from 12 million a year ago, when Greece was in its first lockdown, Bank of Greece (BoG) data has shown. This is equal to an increase of 836.3 percent year-on-year (YoY). The balance remained substantially below its May 2019
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Retail index rises another 15 pct in May from 2020 lows
EconomyMacroeconomycompared to July last year, However, it has some way to go to match the previous high of -4.8
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ECB clears banks after stress tests, approves change to DTCs as momentum builds
EconomyBanking. The Bank of Greece has repeatedly over the last few years raised the issue of the quality of capital
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PMI grows in July, but supply chain issues and price pressure come to fore
EconomyMacroeconomyin November 2002. The uncertainties in the supply chain have affected business confidence that has slipped
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Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBankingratio of 23 pct, from 45 pct in the end of last year. The bank says it has now completed 80 pct of its
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Building permits jump by 62.9 pct in May, from year-earlier lockdown
EconomyMacroeconomythe turn of the year, construction has recovered sharply, from -25.5 points.
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Data for total revenues in Q2 reflects recovery from end of lockdown
EconomyMacroeconomyThe latest turnover data released by the Hellenic Statistical Authority (ELSTAT) reflects signs of recovery in the Greek economy as in the second quarter of the year total revenue reached 78.38 billion euros, up by 29.4 pct year-on-year (YoY). ELSTAT has been monitoring the impact of the pandemic
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Industrial turnover rises by 22.4 pct in June
EconomyMacroeconomythe start of the year, industry confidence has improved by 17.4 points.
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Travel balance increases by wide margin in June from last year's tourism collapse
EconomyMacroeconomyGreece’s travel balance came to a surplus of 689.4 million euros in June from 38.5 million a year ago, when the pandemic caused a collapse in tourism, Bank of Greece (BoG) data has shown. The balance remained below its June 2019 level, when it came to a surplus of 2.36 billion euros Receipts came
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Strong response to dual bond transaction takes 2021 debt issuance to 14 bln
Economyover the August 2050 German benchmark. Following this re-opening, Greece has drawn 14 billion euros
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