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Eurosystem funding falls by 4.38 bln in October as ELA declines
EconomyMacroeconomyreview. A fall in ELA funding for the month had been anticipated, as the ECB has been lowering..., Eurosystem funding has declined by 29.27 billion euros. This is mainly as a result of a fall in ELA funding... the third bailout programme was agreed. The majority of this fall (64.02 billion) comes from a lower
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomyby 47 million and 4.3 million, respectively. The BoG notes that the fall in the deficit of goods... decrease in residents’ external assets, attributable for the most part to a fall of 340 million euros... in liabilities was driven by a fall of 2 billion in non-residents holdings of Greek government bonds
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Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
EconomyMacroeconomyto 19.85 billion, along with a fall in European Central Bank (ECB) funding by 1.56 billion to 13.03... as confidence in the conclusion of the programme grew. A fall in ELA funding had been anticipated... of 126.57 billion in June 2015, when the third bailout programme was agreed. The majority of this fall
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Current account deficit at 624.1 mln in October as goods balance worsens
EconomyMacroeconomyfrom a fall of 2.1 billion euros in holdings of foreign bonds and T-bills. A net increase...-Bills. A net decrease in liabilities was driven by a fall of 1.5 billion in non-residents holdings... in October from 6.56 in September, reflecting a fall of 155 million euros from the figure for the same
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Industrial production grows by 0.2 pct in Dec and 4.1 pct for full year
EconomyMacroeconomy. This was offset to a large degree by a 13.6 percent fall in the electricity production index, a 8.8 percent fall in mining and quarrying, and a 3.1 percent fall in the water supply production index. Four out
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December current account deficit at 1.24 bln on falling services balance
EconomyMacroeconomyprices, respectively. As mentioned, the services balance recorded a fall of 16.3 percent... despite a slight fall in international arrivals, this was offset by a 26.5 percent rise in travel... an 18.2 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net fall in liabilities
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Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
EconomyMacroeconomywas entirely driven by a fall in Emergency Liquidity Assistance (ELA) funding by 1.50 billion euros... the agreement of the third bailout programme. The majority of the subsequent fall (73.22 billion) comes... system grew. The steady fall in banknotes in circulation in recent months signals an improvement
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Newsletter 161 -11/05/2018
in March Substantial drop driven by exports rising as imports fall Greece’s trade deficit shrank by 23.1 percent in March, building momentum on February’s fall of 16.6 percent, according to data from... year showed a YoY fall of 17.9 percent in the trade deficit, which landed at 5.34 billion
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyyear, private consumption fell by 0.4 percent in Q1, easing from the previous quarter’s fall of 0.8.... The aggregate figure for the first three months of the year showed a YoY fall of 17.9 percent in the trade... percent YoY. On an annual basis, the current quarter represents the first fall in imports after six
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Unemployment rate stable at 21.2 pct in Q1
EconomyMacroeconomymostly by a fall in the number of unemployed by 5,653 quarter-on-quarter, along with a fall also.... The rate among the 15-19 year age group declined fastest compared to the same quarter last year with a fall
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