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EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021
EconomyMacroeconomycontraction in the EU. The Greek economy is expected to grow by 3.5 pct in 2021 and 5 pct in 2022. In autumn, growth for 2021 was forecast at 5 pct, already reduced by 1 percentage point. Economic activity
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Newsletter 321 - 17/12/2021
the virus first emerged last year. The research covers the period from September 1, 2020 to May 6... doubled its ratings with a gain of more than 5 percentage points taking it from 6.2 pct to 11.6 pct... expect up to 5 billion euros of GGB purchases until the end of March, which is when PEPP will conclude
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How economic sanctions on Russia could affect Greek economy
Agoraforeign trade. As of 2020, Russia remains in the top 5 sources of imports to Greece, despite a significant... bracing itself for a 5 pct reduction in travel receipts compared to 2019, valued at around..., it estimated that a 10 pct drop in income from visitors translates into a 1 pct drop in GDP. Golden
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On monetary policy and inflation targeting
Agora, as shown in the twin Figure 1, below. The dashed line in each panel shows the objective of monetary... to be minimized).[5] This policy can introduce “drift” in the price level, with a medium-run slope... over inflation rate targeting. [5] The ECBs new monetary policy regime (8 July 2021, available
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Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
EconomyMacroeconomythe incorporation of the latest rise in the minimum wage to 780 euros per month, effective April 1. The data... million, an increase of 5 pct compared to May last year, when employment had grown by 8 pct. Since May... grew by 5 pct, with the cumulative growth since 2019 up by 14 pct. Of course, the 7 pct increase up
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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomyfrom April 1. The data captures the improved conditions in the Greek labour market: Since May 2019..., an increase of 5 pct compared to May last year, when employment had grown by 8 pct. Gross earnings in May... in 14 salaries and 1,382 euros on a 12-month basis. Last year, wages grew by 5 pct
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Alpha's net interest income rises to 863.7 mln, up 48.5 pct YoY
EconomyBanking-recurring operating expenses of 12 million euros, NPE transactions impact of 5 mln and 3 mln tax charge... increased to 51.8 billion euros, from 46.85 billion euros in H1 2022. Eurosystem funding dropped to 5.... Capital The fully loaded Common Equity Tier 1 (CET1) ratio in H1 stood at 13.6 percent, from 11.7
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Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
EconomyBankingshort of 5 billion euros, hence the potential intakes for the state in the region of 1 billion euros... stake, possibly rising to 22 pct if there is strong demand, based on a range of 5 to 5.44 euros per
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Opinion polls show drop in support for ND, continuing concern about inflation
PoliticsGreek Politicspoints) and foreign policy (+5 points). One crumb of comfort for Mitsotakis from the latest survey findings is that although the positive sentiment towards his government has fallen by 5 points over... dropped by 1 point since the last poll. The cost of living remains a sore point for the government
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBanking. Recurring operating expenses were down by 5 percent to 817 million euros, from 857 million a year... remained at 5 billion euros, after two consecutive 4 billion euros TLTRO repayments since the start of the year. Capital The fully loaded Common Equity Tier 1 (CET1) ratio in 2023 stood at 14.3 percent
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