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Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
PoliticsGreek Politicsin order to avoid heavier and more wide-ranging charges proposed by opposition parties. A total 154 lawmakers voted in favour, while 61 abstained from the marathon session in which a total 14 votes..., leftist Movement for Democracy and ultraconservative Niki called for charges against a total of nine
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Current account deficit improves to 2.11 bln in Apr, broadly stable in 4M
EconomyMacroeconomycame to 2.88 billion euros in April, from 3.13 billion euros in the same month last year. Total imports came to 6.64 billion euros in April, from 7.5 billion last year. At the same time, total... 2024. The total services balance was 1 billion euros, from 941.2 million in April 2024. During
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Unemployment at 7.9 pct in May, lowest since Nov 2008
EconomyMacroeconomyby 86,787 people, with total employment comfortably staying well above the four-million mark, at roughly... in May had a positive balance, as there were 137,841 more hires then departures. Total hirings came... with 324,904 more hires, against a balance of 315,247 in the same period of 2024. Total hires were 1.4
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Waiters and chefs lead May hiring balance to highest on record
EconomyMacroeconomyof 11,181 jobs and this year is a new monthly record, breaking last year’s high. Total hirings in May came... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs dropped by 3,884 year... of 2024. Total hires were 1.4 million, against 1.07 million departures.
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Significantly improved oil balance pushes current account to 196.5 mln surplus in May
EconomyMacroeconomy3.45 billion euros in the same month last year. Total imports came to 6.47 billion euros in May, from 7.55 billion last year. At the same time, total exports came to 4.11 billion euros, from 4.1... billion euros, from 1.91 billion euros in May 2024. The total services balance was 2.21 billion euros
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
EconomyMacroeconomyyears during June. Total hirings in June came to 365,226 versus 349,558 departures. Voluntary departures accounted for roughly 32 pct of the total, with the remaining classed as layoffs and termination... in the same period of 2024. Total hires were 1.71 million, against 1.37 million departures.
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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicsthis allowance at a total annual cost of 360 million euros, and any change will need... more room for relief measures. This could take the total package to around 2 billion euros... percent, plus one extra seat for every 0.5 percent up to a total of 50 seats at 40 percent) never
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Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
EconomyMacroeconomyin June, from 2.48 billion euros in the same month last year. Total imports came to 7.02 billion euros in June, from 6.65 billion last year. At the same time, total exports came to 3.85 billion euros, from... receipts came to 3.31 billion euros, from 3.04 billion euros in June 2024. The total services balance
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Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
EconomyMacroeconomyloans continue to make up the bulk of the total at 217.19 billion euros in Q2, having dropped by just... 61.9 billion to the third bailout programme. The weighted average maturity of the total debt stayed... (over 5 years) debt made up 73.4 percent of the total, while short-term (up to 1 year) and medium
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Labour reforms controversy threatens to eclipse autumn support package
PoliticsGreek Politicsearlier this week, amounts to a total deregulation of the labour market, which will destroy any sense..., but critics say it will give employers total discretion over working hours while absolving them..., covering half a million workers. This amounts to 20 pct of the total in the private sector, though
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