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PASOK edges into second place as leadership contest takes shape
PoliticsGreek Politicselections, PASOK still seems to be seen as a more convincing alternative than SYRIZA, which is mired.... The other three candidates garner less than 8 pct combined. The voting process means that the two leading... that the stance of those in his party who questioned his leadership rather than focus their efforts on holding
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Government launches new support package as ratings plummet
PoliticsGreek Politics-than-expected fiscal data for 2025. The new figures are expected to give the government another 800 million euros of fiscal space available for distribution, out of which it will put 500 million euros... to 24.6 pct, 1.5 percentage points lower than March. New Democracy continues to have a healthy lead
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Growth in new car registrations slows to 12.8 pct in Jan
EconomyMacroeconomythe beginning of 2012. The vast majority (more than 80 percent) of new licenses involves passenger cars, which rose 9.9 percent in January to 8,091. The prefecture of Attica registered less than half of total motor vehicle circulation licenses in January compared to more than 62 percent in December
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomysince Q4 2012 and the YoY figure since Q3 007. The strong performance in Q4 lead the full year item up... and 21.6 percent YoY, thereby more than offsetting the negative pattern of the preceding quarters..., investments tumbled by more than 63 percent with their current contribution halving to 12 percent
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Car sales up by 29.5 pct in Mar for 19th straight rise
EconomyMacroeconomythan 80 percent of March road motor cars relate to passenger cars. The aggregate figures for the first... three months of 2015 with passenger cars making up slightly less than 80 percent of total The Attica prefecture registered more than half of total motor vehicle circulation licenses in Q1 2015 slightly
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Car sales down by 13.8 pct in Oct for the second fall this year
EconomyMacroeconomyand a strong rebound by more than 30 percent in 2014. Nevertheless, the 2014 figure of 102,359 indicates... 98,000 so far this year from less than 86,000 a year ago. Passenger cars recorded a broadly similar... 81,000 making up almost 83 percent of road motor cars. After a nosedive by more than 30 percent per
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EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
Economy. EC noted that the slower than initially anticipated recession this year is largely due to the more... by a positive net exports on the back of another year of strong tourism performance and positive... of the first programme review. Potential upside risks include a faster than expected improvement
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Revenues beat target by 3.9 pct in Feb, remain above target for year
EconomyMacroeconomyin February amounted to 331 million euros, 83 million or one-third higher than target. As a result, net... into account, the better than expected revenue performance in January, the 2-month gross revenues... two months of 2017 follows the strong performance in the second half of last year, which led gross
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Car sales up by 23.9 pct in March and by 33.3 pct in three-month period
EconomyMacroeconomycar sales for the first three months of the year showed a strong increase of 37.6 percent, coming... was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle registrations in 2007. A contributing factor
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Chasing investment, the Greek dream
Agoraformation represented more than quarter of Greek GDP, at 27.4 percent. By the second quarter of 2015... and international organisations that monitor the Greek economy. Investment spending has a strong multiplier... activity to its pre-crisis levels. When construction was king Greece experienced a strong period
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