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  1. Newsletter 275 -27/11/2020

    Newsletters

    . Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB

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  2. Primary cash balance deficit at 13.45 bln in November

    EconomyMacroeconomy

    euros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01

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  3. Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium

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  4. Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    billion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same

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  5. Stress mounts ahead of ECB's tests on Greek banks
    Photo by MacroPolis

    Economy

    .” The ECB President Mario Draghi, the European Banking Authority (EBA) Chairperson Andrea Enria... said Barnier and Enria agreed with Hardouvelis but Draghi disagreed. Following Draghi’s negative

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  6. ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
    Photo by MacroPolis

    Economy

    The European Central Bank (ECB) President Mario Draghi confirmed in a press conference on Thursday...”, Draghi said the ECB decided that countries such as Greece and Cyprus with a credit rating below... be able to participate in ECB purchases at beginning of 2015 if the early exit takes place. Draghi said

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  7. What higher ECB haircuts on collateral could mean for Greek banks' liquidity
    Photo by MacroPolis

    Economy

    conference, ECB President Mario Draghi emphasised that the governing council may have to review.... Draghi stressed that the higher Greek government bond (GGB) yields and volatility warrant a review... the ELA mechanism is more than 30 billion. Draghi repeated on Friday that ELA is available for Greek

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  8. Greece expects no surprises from ECB despite questioning chances of deal

    PoliticsGreek Politics

    Draghi with the impression that there will be no negative impact from today’s governing council..., upbeat comment. “Today’s meeting with the ECB president Mario Draghi was a constructive one,” he..., moments before Dragasakis was due to meet Draghi. After all, the deputy prime minister’s main goal

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  9. SYRIZA prepares to debate deal as Tsipras's options narrow

    PoliticsGreek Politics

    , where European Central Bank president Mario Draghi who said that there has to be a credible... time that Draghi has indicated he would like to see a disbursement before the ECB takes any decisions. Draghi also repeated several times the need for a “strong programme,” both in design

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  10. Exclusion from QE confirmed, only ECB's reinvestment programme left
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    EconomyProgramme

    concludes its third adjustment programme, the European Central Bank’s (ECB) president Mario Draghi... programme. When asked whether Greece is now closer to being reintegrated into ECB’s programmes, Draghi..., which Draghi said will take place for an extensive period and “for as long as necessary

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