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Parties mark out battle lines for next elections
PoliticsGreek PoliticsThe debate on the government’s growth strategy in Parliament on Wednesday prompted some fierce exchanges between Prime Minister Alexis Tsipras and his opponents in what many see as the drawing of battle lines ahead of the next elections. Tsipras argued ...
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CPI up by 0.9 pct in July to mark fourth consecutive rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.9 percent in July following an increase of 1 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. After four years of deflation, 2017 was the first year that overall prices rose ...
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Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammeThe Greek government will not include next year’s pension cuts, or will at least present a scenario in which they are not implemented, in the 2019 draft budget due to be submitted to Parliament on Monday as it steps up its efforts to scrap the measure, ...
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Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomyThe signs that the Greek economy has been slowing were evident in previous GDP releases for 2023, as minor movements were recorded during the year and, after the latest revision, the first quarterly drop was seen in Q3. There was a minor 0.1 pct contrac...
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Growth of travel receipts in 2024 slows to 5.4 pct as arrivals go past 35 mln-mark
EconomyMacroeconomyGreece's travel balance recorded a surplus of 149.9 million euros in December, compared to 419.9 million euros in November, according to data released by the Bank of Greece (BoG) on Friday. The December balance was 53.4 percent higher than the 97.7 mill...
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Konstantopoulou dominates opposition politics as PASOK and SYRIZA struggle to make mark
PoliticsGreek PoliticsThe opposition parties have tried to play down the latest increase to the minimum wage, which the government announced on Wednesday, arguing that it is of little help to Greek households that are struggling to meet rising costs. Prime Minister Kyriakos ...
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Newsletter 140 -17/11/2017
percent). Apartment prices fall by 0.6 in Q3 Compared to the previous quarter, apartment prices contracted... in Q2 2017, Bank of Greece (BoG) data showed. Compared to the previous quarter, apartment prices... to pose a challenge on several fronts. The drop in the nominal value of apartments in Greece eased
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Newsletter 63 - 19/02/2016
decline. Fall in apartment prices eases Greek apartment prices decreased by 5.4 percent in the fourth... successive quarter by 0.9 percent in Q4 from decline of 1.4 percent QoQ in Q3. In 2015, apartment... over the past four years. Apartment prices fell for the seventh straight year in 2015. 2 A marriage
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Newsletter 74 - 20/05/2016
was marginally above target. A primary expenditure underspend of 1.82 billion helped the surplus. Apartment prices down Greek apartment prices fell by 5 percent in Q1 this year, compared to a 5.3 percent.... Apartment prices also eased quarter-on-quarter for the 20th consecutive quarter, albeit marginally
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Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow
EconomyMacroeconomyloans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure
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