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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomyStatistical Authority (ELSTAT) revealed on Wednesday. This was the first quarterly GDP drop since the second... decrease was due to a 5 percent drop in goods and 5.5 percent decrease in imports of services. Compared... investments also increased by 8.2 percent. Household spending was up by 4.2 percent YoY, while government
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Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble
EconomyMacroeconomyunchanged at 115.3 points in August, after a sharp drop of more than 8 points in July. The EEI is up..., dropping to 84.4. Over the rolling 12-month period, the ESI in August was 6 points up from the 105.7... a 6.6-point drop to 38.4, after an 8.4-point rise in July. Services confidence is now 4.5 points
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Newsletter 392 - 08/09/2023
for Mitsotakis and his administration is that the more this explanation is offered up to voters, the more... (QoQ). The economy is up by circa 2.4 pct in the first half of 2023 and with data pointing to a strong... second in par with Lithuania, edged up only by Ireland with 2.8 pct, followed in the third spot
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Consumer confidence takes 10-point dive in September
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a drop of almost 3 points in September to 108 points..., dropping to 84.4. Over the rolling 12-month period, the ESI in September was 9 points up from the 99.2... is up by just 2 points in the rolling 12-month period. Industry confidence turned negative after
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Newsletter 459 - 11/04/2025
and opening up more Greek waters to hydrocarbon exploration with US oil and gas majors in mind. In the second part of the Breitbart interview, Mitsotakis talked up Greece’s geopolitical importance... the latest development, stock exchanges rebounded strongly, although the positive sentiment ended up
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomyand beverages were up by 5.5 percent. Clothing and footwear also recorded a drop of 2.8 percent.... The corresponding volume index also had a rise of 1.8 percent YoY, from a 5.8 percent drop in May... was up by 2.2 percent. As we noted, last month’s data had a strong seasonal component since orthodox
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Predatorgate and OPEKEPE offer opposition ammunition amid deteriorating public sentiment
PoliticsGreek Politicstargeted. His claims were backed up by Olga Gerovassili, a senior SYRIZA MP and former minister of citizen protection. Gerovassili said the evidence backed up the claim that surveillance by Predator..., while the administrative shake-up of the payments system in the wake of the scandal is stalling
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Newsletter 60 - 29/01/2016
in 2015, broadly in line with the 0.3 percent drop indicated by S&P last Friday. Stathakis appeared overly... to be no let up in the flow of people crossing the Aegean. More than 50,000 people have already arrived on the Greek islands this year. The friction building up over this issue could spill over
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Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln
EconomyMacroeconomy, when Greece entered into its first bailout programme. As a result, FSM loans make up almost 69 percent of Greek debt, up from 68 percent a quarter ago. The vast majority of FSM loans relates to the EU..., following a drop of around 550 million in Q2 due to repayments. Greek government bonds (GGBs) as well
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What Dijsselbloem didn't say
Agoraelections (a loss of 29 MPs compared to 2012), passed up the chance to apologise during a session... bailout, a flaring up of the Greek crisis and the antics of Yanis Varoufakis, among others. This would... place, some of the eurozone member states providing the loans were able to shore up their defences
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