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Data for May shows Greek PMI in growth territory for second straight month
EconomyMacroeconomyin raw materials such as glass and plastic. Nevertheless, strong competitive pressures led producers
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Open wounds that burn forests
Agoraa glass of water, and everything else we can to make their heroism easier. *Theodota Nantsou is Head
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Government moves to implement PM's pledges despite grumblings from interest groups
PoliticsGreek Politicsto fill the glass” but that it would have to be a gradual process over the course of its term. Another
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EU main destination for exports in 2019, fuel and pharmaceuticals lead way
EconomyFeaturesincrease of 38.9 percent to 1.57 billion euros. Aluminium products were the third biggest export..., were exports of fresh vegetables and aluminum respectively, while exports of cheese except feta stood
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General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus in the first two months of 2014 more than doubled to 3.54 billion from 1.45 billion last year, according to the gg bulletin released by the Ministry of Finance on Wednesday. The gg cash balance also...
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Car sales resume double-digit growth rate in Oct with 15.2 pct rise
EconomyMacroeconomyAfter a short-lived drop by 13.8 percent in October, the number of road motor vehicles (going into circulation for the first time) rebounded by 15.2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The November grow...
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Greek stocks climb 3 pct on week, banks post double-digit gains
EconomyThe Greek stock market traded in positive territory climbing by 3 percent this week following modest gains of 0.7 percent in the previous week. The improving performance was accompanied by a notable recovery in the trading activity. The market rebound w...
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Greek stocks climb 5 pct on week led by double-digit bank gains
EconomyThe Greek equity market headed north for the second straight week recording gains of 5 percent, after a rise of 1.5 percent in the previous week. The upswing was mainly fuelled by banks, which soared 17.9 percent. Despite a negative start in the first t...
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Budget primary surplus reaches 1.78 bln in July, almost double target
EconomyMacroeconomyThe budget primary surplus reached 1.78 billion euros in the first seven months of 2019, compared to a surplus of 926 million in the same period last year, preliminary budget execution data from the Finance Ministry (MoF) showed on Friday. The primary s...
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Travel balance more than double in Feb as arrivals increase by 24.6 pct
EconomyMacroeconomyGreece’s travel balance rose to 73.7 million euros in February from 33.4 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 120.3 percent year-on-year (YoY). Receipts came to 240.4 million euros for the month, incre...
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