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Athens welcomes volume, form of Commission's pandemic recovery plan
EconomyThere was a pleasant surprise for Greece on Wednesday when the European Commission announced its proposal for a Recovery and Resilience Facility (RRF) of 750 billion euros, which will be attached to the 1.1 trillion euros multi-year fiscal framework of 2021-2027. The Fund will consist of 500
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politicssecurity contributions this month, there could be a further 1 or 1.1 point cut in three months. Proto
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CPI falls by 1.6 pct YoY in June
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year (YoY) in June compared to a decline of 1.1 percent seen in May, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The average CPI for the rolling 12 months fell by 0.3 percent. Month-on-month, the CPI for June
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Industrial production down by 4.9 pct YoY in May but picks up from previous month
EconomyMacroeconomyindex. A rise of 1.1 percent was seen in the water supply index. According to the European Commission
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Retail turnover drops by 3 pct in July for fifth straight negative reading
EconomyMacroeconomy). The monthly seasonally adjusted (SA) retail sales index in July fell by 1.1 percent compared to June
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Retail turnover drops by 1.4 pct in August for sixth continuous decline, volume drops by 1 pct
EconomyMacroeconomycompared to July, while volumes increased by 1.1 percent. The latest business indicators for October
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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomythe temporary measures that the authorities included in the draft budget of 2021, worth 1.1 pct of GDP
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Economic sentiment declines to 90.7 points in January as construction and retail strengthen
EconomyMacroeconomyGreece’s economic sentiment (ESI) declines by 1.1 points month-on-month in January to reach 90.7 points, European Commission (EC) figures showed on Thursday. During the month, the Employment Expectations Indicator (EEI) for Greece came to 105.1 points compared to 104.5 points in the previous month
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Trade deficit falls by 23.8 pct in January as EU imports drop 7 pct
EconomyMacroeconomy, imports fell 10.6 percent, while exports rose by 1.1 percent. Excluding the value of oil products
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EU digital certificate seen as boost for tourism against backdrop of worsening pandemic
PoliticsGreek Politicsestimated at 1.1. The picture is expected to worsen over the coming days, with wastewater
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