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Spurred by rising employment, Q2 unemployment drops to 10-year low of 15.8 pct
EconomyMacroeconomyto the first quarter of 2021 and increased compared to the second quarter of 2020. Broken down by age group... with temporary jobs is 7 percent. Part-time employment has increased by 12.9 percent compared to Q1 2021 and down
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Rival economic plans leave voters unimpressed amid uncertainty over new Covid surge
PoliticsGreek Politicsof all respondents. The government also got a thumbs-down for its handling of the pandemic by 54 pct... reported 2,329 new cases on Wednesday. New deaths were down to 26, while 333 patients were intubated
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ND walks tightrope with 2022 budget, looks for answer to inflation
PoliticsGreek Politicsreportedly been revised down to 4.5 pct in the draft budget. Next year’s budget will be a political... to reports. This will be achieved by winding down most of the existing support initiatives and through
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Beyond conspiracy theories: How mismanagement shaped vaccination in Albania
Agoraare fully vaccinated, or roughly 28% of the country’s 2.8 million people. Vaccination uptake has slowed down... also played a significant role in slowing down the rate of vaccination in Albania. First, it’s
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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomy, public spending down by 3 pct, investments would grow by 30.3 pct, exports rise was seen at 13.8 pct... down by 820 million euros to 255.1 billion and short-term loans consistent at 36 billion euros.
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Mood sours as Greece and Turkey head for new round of exploratory talks
PoliticsForeign Policythat, Turkey is different.’ “So, when the discussions did not work, we went down to the field... neighbouring country does not allow MPs the luxury of voting it down.” Analysts note however
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Newsletter 311 - 08/10/2021
, revised down from the 6.2 pct seen in the summer as the recovery was accelerated into 2021, largely... billion euros, however the improved GDP will push the ratio further down to just above 190 pct of GDP
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Banks make steady progress on improving balance sheets via securitisations
EconomyBankingand 15 pct of corporate loans and will bring the NPE ratio of Eurobank down to 7.3 pct. Meanwhile, NGB..., the bank’s NPE ratio will drop to 13 pct. The efforts to bring NPEs down to ratios closer
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IMF ups 2021 growth forecast to 6.5 pct, but keeps modest outlook for longer term
EconomyMacroeconomydown the forecast in Spring to 3.8 pct growth. Last October’s estimate also had Greek GDP dropping... is seen growing by 6.5 pct in real terms this year, before slowing down to 4.6 pct growth in 2022
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Retail sales grow for fifth month in a row but rate eases to 8.8 pct
EconomyMacroeconomyGrowth in Greece’s retail sales slowed down in August, rising by 8.8 percent year-on-year (YoY), from a slightly downward revised 13.1 percent in July, Hellenic Statistical Authority (ELSTAT) data... a 3.2-point MoM drop last month, down by 6.4 points to -44.7 points in October. Consumer confidence
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