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  1. Can Greece learn to love renewable energy?

    EconomyFeatures

    production remained below that of the EU target of 10 percent of total production, standing at 6.5 percent.../uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas... and sixth in the world, and it is estimated that their supply will last for around 45 years.[2] Around half

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  2. Newsletter 249 -08/05/2020

    Newsletters

    without having to inform authorities on Monday. Also, around 10 percent of stores forced to shut because... every 1 to 2 weeks. As things stand, Greeks are not able to leave their regions but the government aims.... The overall support package is 10 percent of GDP, including the various state guarantees and the actual fiscal

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  3. Newsletter 292 - 09/04/2021

    Newsletters

    Mitsotakis of handing out “aspirins” to the real economy. He claimed that only 10 billion euros made... Themistocleous said that Greece expects to receive a total of 1.62 million vaccines in April, 2.4 mln in May and 3.1 mln in June. This makes a total of 7.1 million doses between now and the end

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  4. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    value of 40 billion, banks have around 24 billion euros in provisions. DTCs total around 7 billion... for the management of NPLs worth a total of 27 billion euros via a special purpose vehicle. Intrum and Piraeus... will also manage the NPEs of third parties. The initial term of the contract will be for 10 years

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  5. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    of measures by the end of the year on top the existing interventions. (Table 5). That brings the total... will need to implement 3 percent of GDP, more than 5 billion euros, in further austerity measures up to 2018 and commit to an added 2 percent of GDP on stand-by in the event that targets are missed

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  6. Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The breakdown showed 2 percent of the total tax debt (1.82 billion) is owed by 83.8 percent... million taxpayers (55.4 percent of total) owe less than 500 euros each. In contrast, just 16,290 taxpayers (0.4 percent of total) owe more than 300,000 euros each for a total amount of 78.79 billion

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  7. Consumption and investments drive Q3 GDP growth of 2 pct YoY
    Image: MacroPolis

    EconomyMacroeconomy

    growth accelerated to 2 percent year-on-year (YoY), from a 1.6 percent YoY rise in Q2. Growth over the nine months of the year averages to 2 percent, needing a slightly stronger finish in the last... YoY, while services were up by 1.1 percent. Goods imports were down by 5 percent and imports

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  8. Newsletter 191 -25/01/2018

    Newsletters

    recommended a figure of between 5 and 10 percent. Several business associations have called... by no more than 5 percent. In the meantime, Athens seems to be preparing to go back to the markets...), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were

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  9. Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps

    EconomyMacroeconomy

    Greek households’ new time deposit rate eased by 5 another basis points (bps) to just above... on total new deposits slipped by another 4 bps to 0.58 percent in November, which is also the lowest..., the respective rate rose to 5.22 percent (amounts between 250,000 and 1 million euros). It fell to 5

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  10. Disposable income rises by 5 pct YoY in Q2, final consumption up by 1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek household disposable income grew by 5 percent year-on-year (YoY) in the second quarter (Q2..., an increase of 55.7 percent was seen. The figures showed that employees’ total remuneration rose by 5.2... while the absolute figure for Q2 stood at 32.42 billion, marking a decline of 5 percent since 2012

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