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Budget primary surplus at 4.96 bln in Dec, beating annual target
EconomyMacroeconomyof 2019, compared to a surplus of 91 million noted in December 2018, the preliminary Finance Ministry (MoF... euros, very slightly below target by 7 million euros. The monthly primary balance for December came... in December compared to 3.27 billion euros in November. Interest payments came to 5.23 billion, below
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Budget primary surplus confirmed at 5.02 bln in Dec
EconomyMacroeconomymonths of 2019, compared to a surplus of 91 million noted in December 2018, the final Finance Ministry..., below target by 72 million euros. The monthly primary balance for December came to a deficit... expenditure came to 6.13 billion in December compared to 3.27 billion euros in November. On an aggregate
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Industrial production declines by 4.5 pct in Dec
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped by 4.5 percent in year-on-year (YoY) in December... Authority (ELSTAT) data released on Monday. The headline figure for December is the second consecutive negative reading in as many months. In December 2018, the index increased by 2.3 percent. Month
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Credit contraction unchanged at 0.6 pct in Jan, balance at 153.43 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 0.6 percent in January, unchanged from December... euros compared to inflows of 260 million euros in December. The corporate lending balance's net... in December. This took the balance to 73.83 billion euros from 73.89 billion. Within corporate
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Newsletter 243 -13/03/2020
to a decline of 7.2 percent in December, data from the Hellenic Statistical Authority (ELSTAT) showed... percent in December according to ELSTAT data. The headline figure of January is the fourth consecutive...-on-month (MoM), the index decreased by 3.3 percent after a rise of 6.6 percent in December
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legal, which were not in difficulty on 31 December 2019 but entered in difficulty thereafter as a result of the COVID-19 outbreak. They have to be granted by 31 December 2020 at the latest. Measures under... December 2020 covered by the State guarantee are limited to a maximum of the double of the annual wage
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Govt focusses on post-lockdown management amid persistently high Covid numbers
PoliticsGreek Politics, the government is looking at re-opening schools as early as December 7, a week after the scheduled end of the lockdown, followed by retail on December 14, and restaurants between December 19 and December 21
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The risk of losing control before help arrives
Agora), the regulator of the European Union (EU), between December 29, 2020 and January 12, 2021, at the latest... Covid-19 in Greece during November and early December. Many pandemic experts in Greece and abroad... reaching 1,882 on Thursday (December 3), with 622 intubated patients and the number of fatalities
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Economic sentiment edges up to 91.5 in Dec while services, retail and construction fall
EconomyMacroeconomyGreece’s economic sentiment (ESI) edged up by 0.5 points month-on-month in December to reach 91.5 points, European Commission (EC) figures showed on Thursday. During December, the Employment.... Compared to last year, the EEI has fallen by 11.3 points. Meanwhile, compared to December 2019
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Industrial production up by 8.6 percent in November
EconomyMacroeconomy(+0.9 percent). According to the latest business survey for December released by the European..., industry confidence has fallen by 12.3 points. In addition, Markit’s PMI for December rose to 46.9 points from 42.3 points in the previous month. Production continued to decline sharply in December
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