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Kasselakis attempts to ease SYRIZA tension amid meagre poll numbers
PoliticsGreek Politicsin the European Parliament elections, but also the decision to shut down the daily edition of SYRIZA... of the publication’s employees before the meeting, promising to sit down with them to discuss their grievances... is almost 4 points down on the January survey, while SYRIZA’s is almost 1.5 points up. Kasselakis could
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Economic sentiment falls sharply in July as nearly all segments deteriorate
EconomyMacroeconomy116.6 points in the previous month. The EEI is down by 2 points in the rolling 12-month period... year, industry confidence is now down by 5.7 points. The services index also dropped sharply... on the rolling 12-month. Retail trade improved marginally to 19.1 points, from 18.2 in June, now down 7 points
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Eurobank NII jumps 8.6 pct to 1.13 bln in H1, fees income also up to 282.7 mln
EconomyBankingquality The stock of non-performing exposures (NPEs) in H1 came to 1.3 billion euros, down by 900 million euros YoY. Eurobank’s NPE ratio stood at 3.1 percent in H1, down by 2.1 percentage points YoY... in H1, down from 33.3 percent in 2023. The H1 2024 cost of risk - or provisions over average net
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Inflation up to 2.7 pct in July as housing costs keep rising
EconomyMacroeconomy. Month-on-month, the HICP was down by 0.5 percent. In July, the annual CPI movement comprised... and maintenance of the dwelling, natural gas, and heating oil. Communications were down by 0.3 percent, while... to 8.4 percent YoY, and reductions observed in the prices of fruits that were down by 9.2 percent
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Import prices drop by 1.6 pct YoY in Jul due to energy, as all other categories rise
EconomyMacroeconomy, paper products decreasing by 1.8 percent and mineral products down by 1.7 percent. The monthly movements were led by extraction of oil and gas at a 5.5 percent decrease, tobacco was down 2.3 percent and basic metals down by 0.5 percent. In terms of industries, energy dropped by 4.2 percent YoY, capital
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Concerns about insipid public consultation process highlighted by treatment of climate plan
EconomyFeatures. The findings suggest that a culture of top-down policy making persists beneath a thin veneer..., but it is also worrying from a practical standpoint. Imposing major policy shifts in a top-down fashion without consultation stores up problems further down the line, making implementation much harder
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Aug hiring balance improves annually, 8M up by 18,350 jobs
EconomyMacroeconomy. Layoffs dropped by 5,726 year-on-year, while voluntary exits were down by 6,220. Hirings were down... was negative by 11,553. The highest positive balance was in 45-64 years with 8,489 more jobs. Broken down
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Newsletter 435 - 04/10/2024
government policies. New Democracy sources have tried to play down the significance of such moves... once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget... pct. Compared to July 2023, automotive fuel was down by 6.8 pct, non-food sales increased by 1 pct
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Newsletter 437 - 18/10/2024
of 10.5 pct year-on-year (YoY), pushing the index down by 4.3 pct YoY in August. Month-on-month... dominate, with refined oil products down by 16.5 percent, extraction of oil and gas dropping by 9.1 percent, and non-metallic mineral products down by 1.7 percent.
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Economic sentiment drops in Oct, spurred by retail and construction
EconomyMacroeconomyin the previous month. The EEI is down 4 points on the rolling 12-month period. Industry confidence... in September, now down almost 12 points from November last year. Construction confidence also dropped now into negative territory to -0.6 points, from 5 points previously. The index is currently down
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