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Construction market remains strong in Apr as building permits rise by 40 pct
EconomyMacroeconomyThe strong start to the year for building activity kept its pace in April, with a rise of 40.1 percent year-on-year (YoY), after a 39.8 percent increase in March, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in April
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PMI rise in Mar signals strong expansion, input costs at highest since 2022
EconomyMacroeconomyGreece’s Manufacturing PMI saw a solid rise in March, when it reached 55 points from 52.6 points in the previous month, according to S&P Global data released on Tuesday. Greek manufacturing saw strong expansion at the end of the first quarter, with production rising at the fastest pace since April
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Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun
EconomyMacroeconomyeuros in May, with strong inflows over the last few months. The outstanding balance was 126.05
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomyThe Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2026, which sees a stable growth trajectory and a strong budget performance led by tax revenues, notably indirect taxes. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct
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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Thursday the final budget for 2026, which sees growth slightly accelerating, a strong fiscal performance and a downward trajectory for the debt-to-GDP ratio. Next year’s growth is seen at 2.4 percent, from 2.2 percent this year, with private consumption
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Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact
PoliticsForeign PolicyGerapetritis and Aguila Saleh, president of Libya’s Benghazi-based House of Representatives. The meeting formed part of Athens’ regular contacts with representatives of Libya’s de facto government... of Exclusive Economic Zones among Greece, Turkey, Libya, Egypt and Cyprus. During the meeting, Gerapetritis
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Mitsotakis visits China to keep relations ticking over
PoliticsForeign PolicyLi Qiang. Mitsotakis was accompanied by the Minister of Infrastructure and Transport, Christos
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Greece bolsters ties with UAE, building on opposition to Turkish actions
PoliticsForeign Policystressed that the UAE was again deploying its air force in support of allies that share its strong opposition to Turkey’s attempts to extend its military reach in the Eastern Mediterranean and Libya. Abu Dhabi’s strong opposition to these attempts was reiterated this Wednesday, November 19, in a joint
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Athens and Ankara keep eyes on domestic audiences as talks continue
PoliticsForeign Policyambiguity of positions. Mitsotakis's government has received strong criticism from the nationalist faction... with Greece. The remarks sparked strong reactions in Athens. Greek diplomatic sources reaffirmed... continental shelf and the area involved in the Turkey-Libya Maritime Memorandum. It is clear
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Greek, Turkish FMs keep ties on even keel as OSCE cooperation pays off
PoliticsForeign Policythat “through a consistent, strong and principled foreign policy, Greece is further increasing its... of the UN Security Council for the period 2025-2026. “We will start giving a strong geopolitical... Turkey submitted at the international organisation the so-called Turkey-Libya Memorandum (2019
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