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  1. Latest air traffic data emphasises tourism's difficulties as 2019 data reveals bumper year

    EconomyFeatures

    of tourism revenues to be expected in 2020. INSETE’s figures showed that in 2019, a total of 36.6..., total international and domestic air traffic fell by 65.3 percent. In June, July and August, which... percent. During these three months, a total of 2.4 million passengers arrived at the airport

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  2. Newsletter 496 - 27/02/2026

    Newsletters

    in which the headline exports figure fell - by 2.8 percent, following a 2 percent drop in 2024... of total exports. Another roughly 20 percent came from companies with 50 to 249 employees, a group... percent of Greek companies, yet their share of total exports is only 22 percent. The top five exporters

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  3. Tsipras clears hurdle but isn't over finishing line
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    pensioners would lose money. The impact of these measures, which amount to 2 percent of GDP in total... reduced from 2.7 percent of GDP to 2 percent) is down to intransigence, indecision, shifting goalposts... of expansionary counter-measures (also worth 2 percent of GDP) to be implemented in 2019 and 2020

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  4. Newsletter 236 -24/01/2020

    Newsletters

    the crisis. The banks are calling for more than 2 billion euros of state guarantees, otherwise... euros for investments and 2 billion euros for tax relief. The government is searching for over 2... by broadening the tax base, the total abolition of the solidarity levy in 2021 would cost 1.16 billion euros

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  5. Industrial turnover completes eighth month of contraction in Nov, falls 2.7 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    , basic metals. Revenue in the domestic market decreased by 2 percent, while the non-domestic market was down by 2.5 percent. On a monthly basis, industrial turnover in the total market decreased by 2...-on-year (YoY) from a 2 percent decrease in October, according to data released by the Hellenic

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  6. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    and, according to Tsipras, the total backpay of around 1 billion euros they are owed as a result... to implement next year the 1 percent of GDP reduction to pension spending but did not go as far as declaring..., particularly by boosting consumption. Fiscal Regarding next year’s pension cuts equivalent to 1 percent of GDP

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  7. Athens aims for November agreement with lenders on pension cuts
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    to ensure that the 1 percent reduction in pension spending is not implemented. To Vima reported... agreed with the lenders that as of next year there could be a 1:1 ratio for hirings and departures in the civil service, as opposed to the 1:5 ratio that has been in place for the past few years

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  8. October C/A deficit drops to 351 mln, down 39.1 pct over year

    EconomyMacroeconomy

    , the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2 percent of GDP... [link to post] published on December 17, point to a surplus of 1 percent of GDP in 2013 rising to about 2 percent in 2014. The key risk to BoG short-term projections lies with the funding ability

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  9. C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight

    EconomyMacroeconomy

    by the BoG, the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2... published on December 17, point to a surplus of 1 percent of GDP in 2013 for the first time in Greek history and rising to about 2 percent in 2014. The key risk to the BoG’s short-term projections

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  10. C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    of between 1 and 2 percent of GDP in 2013. The BoG’ estimates included in its interim report on Monetary Policy published on December 17, pointed to a surplus of 1 percent of GDP in 2013, rising to about 2 percent in 2014. The key risk to the BoG’s short-term projections lies with the funding ability

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