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CPI growth slows to 1.2 pct in May
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) grew by 1.2 percent in May decelerating from the 1.6 percent.... The May headline figure is the fifth straight positive reading after four years. The core index... movement in May prices largely reflects an increase in alcoholic beverages and tobacco (+7.4 percent
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Car sales up by 18.7 pct in May, motorcycle sales rise 16.3 pct
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 18.7 percent in May Hellenic... of the total car sales during May. Over half of all passenger cars sold were registered in the Attica prefecture. The aggregate figure from January to May showed a rise in sales of 28.9 percent, or 88,488
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PMI jumps to 58 points in May, strongest upturn in 20 years
EconomyMacroeconomyGreece’s manufacturing PMI rose to 58 points in May from 54.4 points in April, signalling that the sector is poised for a strong rebound, according to the latest data from Markit. According to Markit... for the series began in November 2002. The data in May indicated that there was a steep increase
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Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
EconomyMacroeconomyAgency (ELSTAT) on Wednesday. The total number of permits issued in May reached 2,717, from 2,065 in May 2024. The corresponding surface area also saw a strong rise of 23.5 percent YoY, while volume...Building activity showed signs of recovery in May with a rise of 31.6 percent year-on-year, after
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TV permit auction boosts Greek coffers but questions linger
PoliticsGreek Politicsis the son of Christos Kalogritsas, the owner of a construction firm that is seen as having strong... contracts. Another layer of controversy was added when Kalogritsas reportedly submitted his letter... parties to recognise the process following their strong criticism of the tender. He perhaps senses
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Newsletter 44 - 25/09/2015
and there may be moments in the weeks ahead when the five-seat majority will look under threat. Until... the elections, Kammenos carried a manila folder with him but it may as well have been empty. While the rekindling of his relationship with Kammenos may give Tsipras the only moment of laissez-faire
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Public support for coalition still strong but Tsipras walks fine line with party
PoliticsGreek Politicsof dissent is unlikely to be replicated in a parliamentary vote, Tsipras may want to avoid a public... will also point to the surprisingly strong support that his government has among voters. In the first
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy, which were voted in Parliament last May, that are projected to yield more than 4 billion in 2016-17... and point to a mild recession of 0.3 percent in 2016 and a strong GDP growth of 2.7 percent in 2017
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Retail sales climb 10.9 pct in Feb on strong rebound in almost all sectors
EconomyMacroeconomyin February, following a marginal growth of 0.1 percent in the previous month. The strong rebound in February... and climbed to 75, which is equal to May 2015 reading, while indicates the highest reading since
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Budget primary surplus at 2.33 bln in April on strong PIB underspend
EconomyMacroeconomywill be provided upon the release of the final budget execution bulletin due on May 24. Tax refunds rose by 3.2..., a strong improvement against the figure for the same time last year of 651 million and beating
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