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Newsletter 341 - 10/06/2022
in Greece is involved, started to emerge as Greece wants to complete certain deliverables by the June.... For reference, in the first quarter of 2020, which only experienced minor disruption due to the pandemic, GDP
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Monthly and volume retail sales data shrink in May, reflecting cost-of-living crisis
EconomyMacroeconomyin July, after dropping by 3.7 points in June....The growth in Greece’s retail sales experienced a significant slowdown in May, rising by 5.1 percent year-on-year (YoY) from a solid 18.8 percent in April, Hellenic Statistical Authority (ELSTAT
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SYRIZA leadership contest off to slow start, as ND rushes to contain political damage from fires
PoliticsGreek Politicsis approved on September 2. The party has been numbed by the results of the June elections, which... is looking for representation. Despite being the least experienced of the candidates, the first poll
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Mitsotakis prepares to meet Erdogan, hoping to build on recent momentum
PoliticsForeign Policyof the NATO Summit in June. Their latest talks take place just a few weeks following the meeting in Ankara... agree, this does not oblige us to be constantly in a state of tension, which we have experienced
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Growth in industrial production slows to 3.1 pct YoY in Nov, contracts MoM
EconomyMacroeconomyof 2023, with June’s print being the first negative reading since December 2022 and stayed in contraction... is down by almost 10 points. In addition, Greece’s Manufacturing PMI experienced marginal gains
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Greece sticks to debt repayment strategy amid uncertainty caused by EU elections
EconomyMacroeconomyFollowing a disappointing result in the European Parliament elections on June 9, in which New Democracy fell almost 5 points short of its own target of 33 pct and experienced a sharp drop in support compared to the 41 pct it got just one year ago in the national elections, Prime Minister Kyriakos
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Retail sales drop by 0.2 pct YoY in July as fuel leads slide
EconomyMacroeconomyGreece’s retail sales saw a marginal drop of 0.2 percent year-on-year (YoY) in July, after an increase of 7.5 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also experienced a decline in the form of a 2.8 percent YoY drop. Retail sales
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Debt position provides protection against global turbulence
EconomyMacroeconomyin December. Greece last saw these yield levels in June last year and has been firmly on a downward path...The eurozone sovereign debt markets experienced turbulence last week due to a number of interrelated factors. It is precisely for this type of situation that, as we have previously highlighted
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Despite foreign policy concerns, New Democracy builds poll lead as opponents falter
PoliticsGreek Politicsdecision to install him at the Foreign Ministry in June 2023, moving Nikos Dendias to the Defence... 7.8 pct to 7 pct. In fifth place, the Communist Party (KKE) also experienced a small downward change
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Hirings Balance, June
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