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Newsletter 385 - 16/06/2023
to the five that elected MPs in the first elections on May 21. This includes populist Plefsi Eleftherias... is currently managing to retain 94.1 pct of the votes it gained on May 21, while also drawing 22.8 pct of Greek... since the May 25 elections to suggest that MeRA25, led by former finance minister Yanis Varoufakis
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomy, albeit at a slower rate, by 4.5 percent month on month (MoM) in May from 9 percent in April. The increase... showed arrears reached 5.04 billion at the end of May from 4.82 billion in April. This means that creation of arrears almost halved in May to 218 million from around 400 million in each
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As easing of lockdown begins, government looks to salvage economy
PoliticsGreek Politics, depending on the store’s floor space. The government has launched a campaign to urge Greeks to “Stay safe... measures may have to be re-imposed if there is a rise in the number of cases detected. Tsiodras... aims to remove this restriction from May 18. The next major step will be to allow free travel
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Mitsotakis not taking majority for granted despite encouraging poll numbers
PoliticsGreek Politicspolls continue to suggest that there is little danger of New Democracy not gaining more than 150 seats... who voted for his party on May 21, just over 2.4 million Greeks, to do so again on June 25. He also... pct threshold for electing MPs on May 21. The New Democracy leader accused Niki of holding positions
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Newsletter 497 - 06/03/2026
‑bookings are on hold, flights are disrupted, and travellers from the US and Asia may avoid.... The opposition sees danger in every step: mission creep, alliance overreach, economic vulnerability, and a prime minister who may be tempted to turn crisis into political capital.EconomyGreece
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomyGreek bank credit contraction further decelerated to 2.1 percent in May from 2.4 percent in April, according to the Bank of Greece (BoG). The May headline figure is the slowest drop since August 2011... deductions to 253 million in May from 542 million in April and is entirely attributed to household
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Unemployment rate fell to 25 pct in May, its lowest level in the last three years
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell for the second straight month in May, when... (ELSTAT). The May headline figure is the lowest reading since June 2012. The non-seasonally-adjusted...) from 25.5 percent in April to 24 percent in May. This is also the lowest reading in the past three
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomy. On a monthly basis, the budget execution displayed a primary deficit of 448 million euros in May, from a surplus of 43 million in April, mainly reflecting a deterioration of the PIB balance in May. The state... (before tax refunds) strongly rebounded by 15.5 percent in May after dropping in the preceding two
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Jan-May travel balance of 1.78 bln beats same period in 2019
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday. May’s balance was significantly higher than the 144.7 million euros registered in May 2021. It was also higher than
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Newsletter 210 -07/06/2019
for New Democracy following its significant victory in the May 26 European Parliament elections... by the government before the EU elections on May 26 would have a fiscal impact of 1.1 to 1.4 percent... in May Month-on-month, the index showed a fall of 1.1 percent May’s reading has kept the index positive
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