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  1. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank’s reported net profit stood at 1 million in the second quarter (Q2) of 2017 including... at 26 billion, the NPE stock has to be reduced by another 1 billion in H2, with the management stating..., while another 1 and 2.5 billion are due to be assigned within October and mid-2018 respectively. P&L NII

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  2. Newsletter 135 - 13/10/2017

    Newsletters

    percent in 2018, after which growth drops and is estimated to reach 1 percent in 2022, according.... According to the IMF, the number of pensions will increase at around 1 percent per year. Greece predicts... by 1 pct in September Headline figure represents ninth consecutive rise after four years

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  3. Tsipras confirms Parliament will probe contentious Novartis bribery claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . The committee will have 21 members (10 SYRIZA, 5 New Democracy, 1 PASOK, 1 Golden Dawn, 1 KKE, 1 ANEL, 1 Union of Centrists & 1 To Potami), with the governing coalition being represented by 11 MPs, who

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  4. Public sector staff trends survive MoU exit, change of government
    Photo by MacroPolis

    Society

    stable At the end of the adjustment programme, Greece committed to a replenishment ratio of 1:1... the ratio had been as low as 1:5 (one hire for every five departures), transitioning to 1:3 in the final... the creation of new permanent posts outside the 1:1 ratio on the basis that they would result

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  5. The allocation of labor resources in Greece and the EU-27

    Agora

    destruction.”[1] The public sector never goes out of business, no matter how inefficient it is. If it runs... then plotted an index (2001-Q1=100) for employment in the public and private sectors. Figure 1... employment has grown or declined in the public and private sectors since early 2001. From figure 1

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  6. The quarterly national accounts from the income side
    Photo by MacroPolis

    Agora

    partner countries.[1] This suggests three things: 1) Keynesian policies work (when the private sector... the basis for real GDP from the production side (Table 1). Since all the goods and services... is labelled GDP from the income side. All three forms of adding up GDP (supply, demand, and income; Table 1

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  7. Where is Odysseus? Part 3 - Participation
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    is described in a book on the macroeconomy of Greece.[1] But, shortly underway, the Covid-19 pandemic... population (the “active” population vs the “inactive” population). Figure 1 below sets the stage... for the EU27 as a whole (the dotted line in figure 1). Here we see that the average EU27 PR

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

    EconomyMacroeconomy

    seen in the draft budget last month, and ahead of the recent forecast by the European Commission of 1... by 1.5 pct, after rising by 0.2 pct in 2022. Exports growth is also at a moderate 1 pct, after a 9.7... billion euros, in 2022. Interest payments increase by 1 billion euros, to 6.13 billion euros, or 2.7 pct

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  9. It remains a mystery
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    needed 13.2 billion in 2010 which was the equivalent of circa 6 percent of the country’s GDP. Again... to the EFSF, Greece is budgeting just over 6 billion euros in interest payments for 2014. That figure

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  10. Greece poised to build on investor sentiment with return to bond markets

    Economy

    of 5 billion euros at a yield of 5.90 percent. The Greek 10-year yield landed marginally north of 6... and a 3-year issue at 4.2 percent, which is well below the “slightly below 6 percent” anticipated a few

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