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Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued to strengthen in February, increasing by 2.4 points... reading above the 100-point mark. Greece’s ESI began to slide in the third quarter of 2008 when... being exposed. The ESI continued to fluctuate across the following years, recovering strongly in 2014
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Tsipras gets full support in pension and income tax vote, moves on to Eurogroup
PoliticsGreek PoliticsGreek Parliament passed the pension and income tax reform bill entailing 2 percent of GDP in fiscal measures needed to lead to the completion of the first bailout, with all 153 of the government’s MPs backing the legislation. No major surprises were exp...
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Labour Force Survey, Quarterly, Full Time Employees
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Labour Force Survey, Quarterly, Full Time Employees as % of Total Employees
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Greeks full of contradictions on ideology and political beliefs, study suggests
SocietyGreeks are a bag of contradictions regarding political ideology and views, with the majority believing “socialism” to be a more positive term than “capitalism” while, at the same time, espousing the classical characteristics of liberalism in valuing “fr...
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Full backing for multi-bill from coalition MPs, Tsipras looks to lenders for next step
PoliticsGreek PoliticsThe multi-bill of measures agreed between the Greek government and its lenders passed through Parliament in Athens on Thursday night with the support of all 153 coalition MPs. There were no major surprises for the government, which had been confident th...
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Coalition stresses positives, expects full support for multi-bill
PoliticsGreek PoliticsThe coalition appears confident that it will not suffer any rebellions in Parliament when the vote on the multi-bill is due, probably on Monday. Finance Minister Euclid Tsakalotos briefed SYRIZA MPs about the draft legislation shortly before it was subm...
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Industrial production grows by 0.2 pct in Dec and 4.1 pct for full year
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 0.2 percent in December after November’s figure was revised upward to 2 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Across 2017, the IPI remained consistently in posit...
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Trade deficit grows by 5.1 pct in Dec, full-year increase comes to 1.1 pct
EconomyMacroeconomyGreece’s trade deficit rose by 5.1 percent year-on-year (YoY) in December, falling slightly against the rise of 5.7 percent seen in November, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed. The deficit stood at 1.70 bi...
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Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek PoliticsGreek resort areas prepare to welcome the first tourists of the season, with regional airports due to reopen to international flights on July 1. Having missed out on a significant portion of the season already, workers and businesses are starting to fee...
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