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Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
EconomyMacroeconomy. Inflation averaged 3 pct in 2024, staying 0.6 percentage points above the euro area average... and increased hotel stay taxes are projected to offset the impact of a planned 1 percentage point cut
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Consumer confidence rises sharply by 4 points in May, other components drop
EconomyMacroeconomyperiod, May’s ESI is down roughly 3 points from June 2024. The average ESI in the EU stood at 95.2... Indicator (EEI) dropped to 116.5 points, from 120.5 points in the previous month. The EEI is up by 1 point
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New Democracy rejigs key party posts as Spartiates expulsion leaves gap in Parliament
PoliticsGreek Politicsby MeRA25 with 3.1. Voice of Reason, New Left and Spartiates all fall below the 3 pct threshold, with 2.2, 1.2 and 1 pct respectively. The picture emerging from the polls gives New Democracy cause
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Current account deficit improves to 2.11 bln in Apr, broadly stable in 4M
EconomyMacroeconomyGreece’s current account recorded a deficit of 2.11 billion euros in April, from a deficit of 3 billion euros in March, Bank of Greece (BoG) data released on Friday showed. In April 2024, the balance... 2024. The total services balance was 1 billion euros, from 941.2 million in April 2024. During
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Newsletter 468 - 27/06/2025
was solid. Receipts exceeded 1 billion euros, jumping by 17.4 pct year-on-year (YoY). Over the first... surplus commitments. It is also currently spending more than 3 pct of GDP on defence. The escape clause
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Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
EconomyBankingeuros, from 3 million euros in the previous year. Total operating expenses stood at 436 million euros.... Eurosystem funding was fully repaid, with the last 1 billion euros payment in December 2024. Asset
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Electricity drags industrial production down by 0.5 pct YoY in July
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) went back in contraction in July with 0.5 percent year-on-year (YoY) drop, after a rise of 1 percent in the previous month, according to Hellenic... in the previous month. Since September 2024, industry confidence is up by over 3 points. In addition, Greece’s
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Newsletter 479 - 10/10/2025
by almost 1 billion euros. This outperformance provides more ammunition to critics of the government... by 5.7 pct and imports are also down by 3 pct. CPI Prices growth in Greece decelerated to 1.8 pct
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BoG cautiously optimistic on economy and banking sector
Economyshortages eased, while inflation held stubbornly at 3 pct for the first nine months of the year, with food.... Capital ratios also remained solid: the Common Equity Tier 1 stood at 15.8 pct and total capital at 20.4
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Athens hopes strengthening of US ties brings geopolitical benefits
PoliticsForeign Policy, Athens is reviving the “3+1” energy cooperation group (Cyprus-Greece-Israel + Egypt). All four
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