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BoG sees banks on right path, warns impact of pandemic not visible yet
EconomyBankinginto consideration the impact of IFRS 9, then DTCs are 71.5 pct of total prudential funds. BoG has been
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MEP Androulakis takes first round in KINAL leadership vote after notable turnout
PoliticsGreek Politicsthat he has not served in previous governments or held high-ranking positions within the party seems
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Greece takes next steps, including bond swap, to enhance debt profile over coming years
EconomyMacroeconomy, with the bulk payment in 2023 of 1.31 billion euros. It has already made two prepayments to the IMF
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Unemployment rate broadly stable at 13.3 pct in Oct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed broadly stable in October at 13.3 percent, from 13 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In the same month last year, the unemployment rate was 16.4 percent. Greece has not seen
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Industrial turnover rises by 40.6 pct in Oct
EconomyMacroeconomyto 9.3. Since the start of the year industry confidence has increased by 19.6 points. Overall, Greece
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Podcast - The Greek economy: A macro view
Agoraof the economic crisis, between 2010 and 2013. He has also written a book about the country's economic... for ELIAMEP: https://www.eliamep.gr/en/members/jens-bastian/ Our podcast is hosted on Acast. You can
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Covid spike forces change in govt plans, eclipsing deal with banks for rollout of RRF loans
PoliticsGreek Politicsmade it no longer politically feasible for the premier to be away from his office. SYRIZA has accused
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Credit growth edges up to 1.1 pct in Nov
EconomyMacroeconomyCredit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion has remained broadly stable after
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Retail sales rise by 13.1 pct in Oct, led by fuels and non-food sectors
EconomyMacroeconomyat -22.2 points, and it has now improved by 3.9 points since the start of the year. Retail trade
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PMI up to 59 pts in Dec as manufacturing nears year of growth despite supply chain challenges
EconomyMacroeconomyGreece’s manufacturing PMI edged up slightly in December to 59 points, from 58.8 in November, according to Markit data released on Monday. The data shows another marked improvement in the Greek manufacturing sector, with strong output and growth in employment. The sector’s expansion has reached 10
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