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Greek current account deficit widens by 27.4 pct in Feb
EconomyMacroeconomyof foreign bonds and T-Bills. Furthermore, resident’s net external liabilities dropped by 2.2 billion..., the improvement in the goods’ balance mainly reflects a lower net oil import bill, on the back of the oil prices’ drop. Moreover, net payment for ships also decreased YoY. It is noteworthy that excluding
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Tsakalotos states case for debt relief as New Democracy sharpens up
PoliticsGreek Politicswith creditors that will consist of more than just short-term measures. “I don’t think it would... said. “Greece doesn’t want the postponement of the debt issue, because Greece thinks that if we... will say “well, we will decide in two years”,” he said. “So we won’t have this clear runway for how we’re
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Newsletter 196 -01/03/2019
being a safety net for those in serious financial distress but willing to meet their mortgage... loans secured by primary residence collateral. Additionally, the new scheme creates an additional... the slowest to adjust were cited as the net external position, where the pace of improvement has been weak
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeaturesof net inflows, the total exceeded the pre-pandemic high of almost 4.5 billion recorded in 2019... for 2.5 billion euros accounted for 80 percent of net FDI flows that year. All sectors experienced... to regain its pre-crisis levels of over 3 billion euros net inflows, while total FDI broke the 4-billion
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammeto 130,000 euros, an assessed main residence value of up to 250,000 euros and an annual household... June of primary residences belonging to borrowers who might be eligible for the new protection... and it applies to mortgages or business loans secured against primary residences the turned red
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Government move over primary residences raises questions
PoliticsGreek Politicsthe institutions and force their hand over the primary residence issue. The government seems to think... of primary residences will be submitted to Parliament on Friday without there necessarily being... in 2018” and that focus is on primary residences. “Reaching a balanced agreement on this draft law
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicsat extending the primary residence protection scheme, which is due to expire at the end of the year, until... his brief premiership. Social dividend & primary residences Last week finished on somewhat of a high... time in office, where it has to oversee the repossession of primary residences. The protection
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Greek current account balance turns negative in October after four month of surpluses
EconomyMacroeconomygovernment bonds and T-Bills and a net increase of 1.03 billion in resident’s investment in bonds and T... net import bill for oil and other goods excluding ships. On the flipside, net payments for purchases... to higher net payments for purchases of ships, while the net oil import bill posted a slight
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Mitsotakis eyes Christmas handout, tries to rally support for diaspora vote proposal
PoliticsGreek Politicshad planned for his government to move quickly and build on its initial momentum. “If we don’t break out of the vicious cycle, if we don’t bring down unemployment, if we don’t increase disposable income, if we don’t push growth to 3 percent, which is our target, all the rest of the discussion
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Newsletter 232 -13/12/2019
abroad to vote in national elections from their country of residence as a new wide-ranging opinion... economic difficulties began several years before the leftists came to office. Latest T-bill auction nets..., with the successful issue of a 52-week T-Bill on Wednesday that resulted in a yield close to zero. Greece
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