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June CPI rises by 1 pct YoY
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 1 percent year-on-year (YoY) in June, after a marginal rise of 0.1 percent in May, according to the latest data by Hellenic Statistical Authority (ELSTAT) released on Friday. The average CPI for the rolling 12 months fell by 1.3 percent. Month
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EC cuts 2023 growth forecast by more than half to 1 pct
EconomyMacroeconomyof traveler origin. The economy next year is seen growing by just 1 pct, from 2.4 pct in the summer
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Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
EconomyBankingpercent in H1. Capital The Common Equity Tier 1 (CET1) ratio came to 16.3 percent in H1. The fully
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Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY
EconomyMacroeconomyGreece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY), after a solid rise of 7.8 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index recorded a sharp drop of 7.6 percent. June is the second negative
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Producer prices drop 1 pct in Apr, in contraction for over one year
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in April, dropping by 1 percent year-on-year (YoY), after falling by 0.1 percent in March, ELSTAT data showed on Thursday. The index has been in contraction since March last year, although some of the base effects from the inflation peak
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Eurobank net profits exceed 1 bln up to Sep, commissions jump 24 pct YoY to 557.2 mln
EconomyBankingThe Common Equity Tier 1 (CET1) fully loaded was 15.5 percent, while the capital adequacy ratio was 18.9
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NBG net profit nears 1 bln up to Sep, commision income rises 7.6 pct to 336 mln
EconomyBankingstands at 41 basis points. Asset quality NPEs stayed below 1 billion euros in 9M, with the ratio at 2.5
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A closer look at Greece's Q3 2023 national accounts
Agorafundamental productivity gains?[1] The green spending (a better word than “investments”) is important... to focus on efficiency and productivity, rather than on spending stimulus. Consider Figure 1 below... growth. Will “green investments” boost productivity growth? This is not assured. Some governments
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Mitsotakis showcases digital successes in drive to attract inward investment
PoliticsGreek Politicsgrowth agenda based on attracting digital and green investments, and it is now able to point... around 50 percent of Greece’s 32 billion euro share of grants and loans directed to digital and green... data centre hub by Microsoft, a project whose total value could rise to 1 billion euros, as well
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Going for Growth: What next for Greece's economy and banks?
Agoratourism numbers in 2018 - some 30 million visitors who between them spent 16.1 billion euros[1]. And yet..., with a series of capital market suspensions and a stock market that has contracted by 83 pct (figure 1), a staggering figure. Figure 1: Greek Stock Market Capitalisation Few will shed a tear for the plight
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