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Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
EconomyMacroeconomyGreece’s central government debt increased by more than 6 billion euros in the first quarter of 2022 to 394.55 billion euros, from 388.34 billion euros in the final quarter of last year, the Finance Ministry's (MoF) debt bulletin showed on Thursday. The current QoQ change is the tenth consecutive
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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March
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Travel balance surplus more than doubles YoY in Jan
EconomyMacroeconomyGreece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. January's balance was over 106 percent higher than the 54.6 million euros recorded in January 2023
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total
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Tsipras travels to China hoping to fulfil ambition of closer Sino-Greek ties
PoliticsForeign Policyof Chinese companies operating in Greece, including COSCO, Huawei, ZTE, and Air China point
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Refugee housing deadline puts spotlight back on migration policy
PoliticsGreek Politicscosted at 4.5 million euros was awarded to a private contractor without being put to tender
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Athens promotes role as energy hub as PM prepares for talks in Washington
PoliticsForeign Policyon the Greek side since the contractor missed the deadline to deliver it by the end of 2021. The Greek
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Investigations into voter email leak continue despite denials from government
PoliticsGreek Politicsof Singular Logic, the technology contractor in charge of voting systems. At the same time, an Athens
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policystipulates that “involvement of the contractor or subcontractor in the common procurement does
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Is a lack of spending hampering Greece's firefighting capabilities?
Societyvolunteers. By this count, Greece employs more professional firefighters than most developed western states. With 115 career firefighters per 100,000 inhabitants, it ranks higher than the United States with 109, and has more than twice the personnel than Italy with 48, and almost three times
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