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Economic sentiment stable in June, but consumer confidence drops
EconomyMacroeconomyrise in May by 10.7 points to 108.6 points, according to European Commission figures released... points to 110.9 in May. Compared to June 2020 - the indicator’s previous low following the outbreak... trend, dropping by 3.4 points, after rising by 7.6 points, to -22.2 in May. Consumer confidence is now
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Led by corporate lending, credit continues to grow with 2.3 pct rise in June
EconomyMacroeconomypercent rise in May, Bank of Greece (BoG) figures showed on Tuesday. The net lending flow was positive by 493 million, from a 17-million-euro net decrease seen in May. The outstanding balance... in May, taking the balance to 68.92 billion euros. Within corporate lending, the balance of credit
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Ukraine war and Turkey tension top foreign policy concerns
PoliticsForeign Policylanguage to his speech at the US Congress in May, he said: “We stand with peace and international law... autocratic neo despotism.” “We must prevent in Ukraine any fait accompli that new troublemakers may... sector this summer may easily be swallowed up by energy price increases later this year. Turkey
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Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
EconomyMacroeconomyin March 2021 and has been growing ever since. In May last year, with growth of 54 percent annually... Manufacturing PMI remained in expansion territory in May, although it fell marginally to 51.5 points, from... that the conditions in the Greek manufacturing sector have improved, though May was the slowest
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Golden Dawn fallout forces Samaras into balancing act between country and party
PoliticsGreek Politics. To some extent, this is a problem of his own party’s making as its strong anti-immigration line... Dawn is also attracting strong support in the over 55s, which is an age group that has traditionally
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Murder the result of Golden Dawn acting with impunity and targeting working class neighbourhoods
Societyto areas of the Greek capital that have traditionally had strong support for the Communist Party, such as Perama and Keratsini. In the national elections of June 2012, Golden Dawn had a strong showing
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A quarter-pounder democracy
Agora. Acemoglu and Robinson stress the role of a strong centralised government in creating... institutions has not been strong enough in Greece. The crisis is beginning to change that and civil
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C/A surplus for fifth straight month in Sept, up to 2.55 billion euros for year
EconomyMacroeconomy. The strong monthly performance led year-to-date C/A surplus year to widen at 2.55 billion at the end... of 1.5 billion. The already evident strong tourism season led travel spending by non-residents up
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Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates
EconomyMacroeconomypercent) evident in the nine-month period. It is worth noting that the strong tourism season drove exports of services up 8.8 percent in the third quarter, offsetting to a large extent the strong
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Greece exceeds expectations with first return to bond markets after four years
Economyindicated strong demand from “high-quality long-term” investors. The participation of investors outside... and it is an encouraging sign for Greece and Europe”. A first sign of the strong demand was evident in the last 6-month T
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