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  1. A breakdown of Greece’s revised financing needs as part of its new ESM programme

    EconomyProgramme

    and SMP bonds (9.2 billion). 2) IMF debt redemption (8.4 billion). 3) Debt amortization to the private... billion). At the end of July the total stock of repo operations stood at 9.7 billion and EC estimates... by the private sector (2.7 billion). 3) EFSF PSI and bond interest facilities (1.8 billion). 4) IMF loan

    8%

  2. NBG remains profitable in Q2 with net results of 21 mln
    Photo by MacroPolis

    EconomyBanking

    negative formation of 3 million euros in mortgages was also noted. With the results of Q2, the bank has... of 3 billion in Greece. As a result, NBG’s loan to deposit ratio improved to 73 percent in Greece (75 percent in Q1) and 74 percent at the group level. The total Greek loan yield fell slightly to 368

    8%

  3. Who lied about Covid-19 in Serbia, and how?
    Photo via https://flic.kr/p/2iVFxZ6

    Agora

    prefers temperature ranging from 3 to 6.7 degrees", while "the virus does not like temperatures below 0... for the new corona virus per million of inhabitants. The truth was that a total of thirty one... to these, Serbian officials had many more statements (1, 2, 3, 4, 5, 6, 7) with disinformation

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  4. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    pensions (265 million) 3) Granting social allowances for a total amount of 871 million in 2017, which... was granted in July and August, while arrears of 1.44 billion in total (including tax refunds...) Change in rates and extension of solidarity levy (678 million) 3) Increase in the excise tax

    8%

  5. Hotel owners sound warning over Thomas Cook revenue losses
    Photo by MacroPolis

    EconomyFeatures

    were 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came to an average of 48 percent of overall turnover for such hotels. For 2019, total losses to Greek hotels

    8%

  6. Newsletter 245 -27/03/2020

    Newsletters

    Staikouras, admitted that Greece is on course for an economic contraction of 1 to 3 pct this year due... as micro-businesses and self-employment in total employment,” according to Scope’s analysts... problems and only 3 percent expected the epidemic to have no lasting impact on their business

    8%

  7. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    to September this year, it would shave off 3 percentage points of the growth to 4.5 pct, with a fiscal impact of 2 percentage points, leading to a primary deficit of 3 pct of GDP. Fiscal On the fiscal.... The total cost is 24.16 billion euros, 21.47 billion of which is allocated to 2020. The actual cash impact

    8%

  8. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    growing by 3 pct in 2024 and securing a primary surplus of 2.1 pct of GDP. The economy is seen... picture for 2023 is impressive. Revenues beat the target by 3 billion euros, reaching 65.18 billion..., which is improved on the target of 0.7 pct of GDP. The total deficit will be at 7.37 billion euros

    8%

  9. Newsletter 54 - 04/12/2015

    Newsletters

    taxes on goods and services stood at 13.5 With taxes on goods and services making up 39.1% of total tax..., with its taxes on goods and services making up 39.1 percent of total tax revenues in 2013, which is above..., which contribute 31.1 percent in total in Greece compared to the OECD average of 26.1 percent

    8%

  10. Newsletter 183 -16/11/2018

    Newsletters

    Protection Scheme (APS), which will use state guarantees. The set-up is described as being similar... in the Greek media. Of the total, 25 billion are earmarked for sale or securitisation, 10 billion are due... in circulation rose by 128.7 million euros in October to total 31.88 billion. 2 Budget primary

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