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  1. Productivity developments in the Greek public and private sector
    Photo by MacroPolis

    Agora

    In Blog 5 for Macropolis, we demonstrated that in Greece the government employment trend... sector (what blog 5 was all about). The combination of these two pieces of information, real GVA... has continued this policy (see our Blog 5, May 2021) . We can look into these numbers with more

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  2. GDP rises by 4.4 pct QoQ in Q1 and falls 2.3 pct YoY

    EconomyMacroeconomy

    , growing 2 percent QoQ. Compared to Q1 2020, exports fell 13.4 percent while imports dropped 5.... The IMF sees a rise of 3.8 percent in GDP for 2021, followed by a further recovery of 5 percent in 2022. The OECD this week predicted that GDP will rise by 3.8 percent this year and 5 percent in 2022.

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  3. Newsletter 316 - 12/11/2021

    Newsletters

    few months. Trust in the government’s approach stands at 2.6 on a scale of 1 to 5, which... by the end of 2019. Next year’s debt is seen rising by 5 billion euros to 355 billion, according... pct increase in electricity supply, followed by an 8.3 pct rise in manufacturing and 5 pct in mining

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  4. Public sector capital stock in Greece and the Euro-19

    Agora

    formation; and we deduct 5 percent depreciation of the existing prior year real capital stock... different from the 5 percent proxy we used above to calculate the depreciation of the effective economic... is if the consumption of fixed capital speeds up somewhat ahead of our notional 5 percent depreciation

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  5. Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
    Photo by MacroPolis

    EconomyBanking

    percent a year ago. The NPE stock was marginally below 5 billion euros at the end of Q1, from 21.3... euros last year. NII also dropped QoQ in Q1 by 5 percent, from 298 million euros in Q4. The net... valuation. Recurring operating expenses dropped by 5 percent in Q1 2021 to 245 million euros. Loan loss

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  6. Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    price index is seen at 5 pct, a significant revision from the 3 pct seen in the draft budget and compared to 9.7 pct in 2022. The national inflation is also seen at 5 pct. Unemployment will stay stable... of 3.41 billion euros in 2022, suggesting a fiscal turnaround next year of over 5 billion euros

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  7. Greece - Some structural macroeconomic arithmetic
    Photo by MacroPolis

    Agora

    percent of GDP, an average nominal growth rate of 5 percent, and thus a debt ratio of 60 percent (3/5). But Greece cannot make an average nominal GDP growth rate of 5 percent, which would imply 2.... Greece thus needs to transition from being close to a structural position for the primary balance of 5

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  8. Newsletter 407 - 12/01/2024

    Newsletters

    in 2022 up by almost 5 pct to 10.18 billion euros. Banks in 2022 also showed an interesting financial composition. Their total sales of 8.1 billion euros accounted for just over 5 pct of the top 500... recovered by 5 points to -40.3 in December, though it is some distance from the pre-pandemic level

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  9. Economic sentiment slides further in Aug, consumer confidence drops sharply
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    112.3 points in the previous month. The EEI is up roughly 5 points in the rolling 12-month period... confidence is now up by roughly 5 points on the rolling 12-month. Retail trade improved further to 24.8 points, from 19.3 in July, now down almost 5 points from September last year. Construction confidence

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  10. Newsletter 439 - 01/11/2024

    Newsletters

    productivity growth and is an outlier is Ireland with more than 5 pct. The next cluster of countries..., placing it roughly 5 points down on a rolling 12-month basis and at the lowest levels for the last two... that returned to negative territory of -0.6 points, from 5 points in the previous month

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