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Mitsotakis aiming to overcome voter disappointment and rebuild decisive lead in 2025
PoliticsGreek PoliticsFollowing the last public holiday of the festive season on Monday, the government’s focus is returning to the task of regaining the support it lost during 2024, although opinion polls continue to show that the Greek public remains concerned and sceptica...
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Industry, services and construction lead fall in Feb economic sentiment to 106.9
EconomyMacroeconomyGreece’s economic sentiment (ESI) declined in February to 106.9 points, from 108.6 in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, January’s ESI is down 1.3 points from March 2024. ...
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Corporations lead deposit growth in Mar as total nears 200 bln
EconomyMacroeconomyThe contraction in the Greek banking system’s private sector deposits reversed in March, with a net increase of 2.41 billion euros, after a 1.7-billion-euro decline in February, according to the latest Bank of Greece (BoG) figures released on Tuesday. T...
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Despite foreign policy concerns, New Democracy builds poll lead as opponents falter
PoliticsGreek PoliticsEven though there are mounting challenges on the foreign policy front and concerns about the economic effects of the conflict in the Middle East, New Democracy’s ratings continue to recover. However, SYRIZA’s recent party conference appears to have fail...
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Waiters and chefs lead May hiring balance to highest on record
EconomyMacroeconomyGreece’s employment balance was strong as is usually the trend in May with 137,841 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in May last year was also strong, with 126,660 more...
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Jobs in education lead negative hiring balance of 20,728 in July
EconomyMacroeconomyGreece’s employment balance was negative in July with 20,728 more departures then hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in July last year had 34,979 more departures. This led to a year-on-year ...
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Strong tax revenues, major underspend lead primary surplus 3.57 bln above target in Aug
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.5 billion euros up to August, compared to a surplus of 7.57 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Thurs...
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Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
EconomyMacroeconomyVehicles going into circulation for the first time dropped by 1.6 percent year-on-year (YoY) in November, after a rise of 4.1 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In November 2024, licences ...
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Significant underspend and tame taxes lead to primary surplus of 2.99 bln in Feb
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.99 billion euros for February 2026, compared to a surplus of 2.8 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Thursday. The prima...
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Energy continues to lead industrial turnover growth of 23% YoY in April
EconomyMacroeconomyGreece’s industrial turnover recorded another sharp rise of 23 percent year-on-year (YoY) in April, from a jump of 27.1 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. On a rolling 12-month basis, t...
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