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Back-to-back gains for economic sentiment, ending 2022 with 104.3 pts
EconomyMacroeconomypoints to 104.3, staying above 100-points, after a 6.6-point drop in October, according to European..., also up by 1.8 points from November. The recovery in Greece’s consumer confidence following the sharp pandemic drop stalled in May 2021 and the series has been on a declining trend since. December
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OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
EconomyMacroeconomy, from 1.8 pct previously. The OECD notes that in the second half of last year the economy built up..., such as construction. Demand was also propped up last year by support packages to cushion the impact..., from 4.6 pct last year. The unemployment rate in 2023 will drop by roughly 1 percentage point to 11.8
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Newsletter 464 - 30/05/2025
deemed a threat to public order and national security for up to 15 years. Additionally, it includes... for long-term rentals is evident and this keeps pushing up rents at a double-digit pace annually even... with another sharp drop in February of almost 22 pct, after a 17 pct drop in January, leading to a 20 pct drop
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Energy a main factor in decline of April import prices by 6.3 pct YoY
EconomyMacroeconomyGreece’s import price index continued its contraction in April, with a sharp drop of 6.3 percent year-on-year (YoY), after a 2.5 percent drop in the previous month, according to data released..., the index also decreased by 3.9 percent, from a drop of 0.7 percent in the previous month. The index’s
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Greek industry's turnover index on the slide again in August after previous rises
Economy. In addition, the average index over the trailing 12 months is down by 4.8 percent. The drop in August... and quarrying turnover by 28.5 percent. The latter makes up a very small portion of the total index.... In contrast, the respective figure for the non-domestic market posted a double-digit drop (-10.3 percent
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Newsletter 2 - 07/11/2014
this up as a goal for almost two years. Pierre Moscovici, the new EU Commissioner for Economic... that “closing of the current (troika) review is an important precondition for any follow-up arrangements”. This gives the Greek authorities up to one month to complete negotiations with the troika
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Industrial turnover dips again in November after upswing in two previous months
EconomyMacroeconomypointing to a decelerating drop of 1.5 percent. The evolution of industrial turnover in November...-digit rise in mining and quarrying turnover by 12.8 percent. Note though that the latter makes up just...-domestic market by 2.3 percent, counterbalanced by a drop in the domestic market by 3.1 percent
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Newsletter 25 - 08/05/2015
investors, with foreign participation at around 100–150 million. The amount of the foreign take-up... manufacturing drop Greece’s manufacturing PMI saw a big drop in April, when it fell by 2.4 points to 46.5... drop over the last 22 months. April’s reading was eighth straight month with sub-50 reading. 2
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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomyrebounded by 1.4 percent. Private consumption makes up around 70 percent of GDP, while has posted a cumulative drop of more than 24 percent since 2008. This mainly results from a nosedive... halved to 11.6 percent in 2014 from 22.7 percent in 2008. EC estimates investments to drop 3.1 percent
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyin the draft budget), a much slower drop in investments of 8.4 percent (from -16.5 percent). In addition... percent before), investments to drop by 3.7 percent (from growth of 4.5 percent previously..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate
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