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Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomyin September, while the corresponding payments dropped by 12 percent to 155.8 million. As a result, travel... a surplus of 11.07 billion, up by 5.8 from last year’s figure of 12 billion. Unlike September
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammeNPLs at 28 billion (of which 12 billion relate to primary residences), SME and sole-proprietors... will be uploaded on BoG website. An NPL may be sold by a bank only if in the preceding 12 months the debtor did
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Piraeus port privatisation moves a step closer
EconomyBankingthat announcements will be made on January 12 after the opening of financial offers. Three investment... the past 12 months, have accelerated in December and could convey a positive message
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Greece close to agreement that would unlock sale of Astir Vouliagmenis
Economydevelopment related to the agreement reached with institutions on December 12 for the electricity... on January 12 after the opening of the financial offers. HRADF Chairman Stergios Pitsiorals recently said
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
EconomyIn an unexpected move, S&P upgraded Greece’s rating by one notch to ‘B-‘ from ‘CCC+’ on reform progress with a stable outlook. The last time Greece was ‘B’ rated was also by S&P almost 12 months ago... in investments by an estimated 12 percent, while the net job increase reinforces expectations that unemployment
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Deadline for liberalisation of household and SME NPLs looms closer
Economybe sold by a bank only if in the preceding 12 months the debtor did not accept a bank out-of-court..., large corporate NPEs amount to around 40 billion and housings NPEs are at 28 billion, of which 12
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Investment: The forgotten casualty of the Greek crisis
Agorayear for which data is available, it was a mere 21.7 billion euros and just 12 percent of GDP... percent. Investment in transport equipment was just below 12 billion euros, almost 20 percent of total
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Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
EconomyMacroeconomyto sole proprietors eased to 13.37 billion on minor deductions of 12 million in January. In 2015... highest negative reading over the last 12 months. Consumer credit balances fell to 25.46 billion euros
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Economic sentiment rebounds in March, consumer confidence nosedives
EconomyMacroeconomydeteriorated by more than 7 points since last August and currently stands around 12 points above... indicator rebounded by 5.8 points to -17.3 in March. However, it still stands 12 points below the recent
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Newsletter 68 - 01/04/2016
on the first programme review to be reached by April 12 and decisions to be clinched at the Eurogroup... was in 1989, the year that the Berlin Wall fell. Since then, there have been 12 general elections
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