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Administrative changes unveiled as PM's technocratic pledge is tested again
PoliticsGreek PoliticsIn what is usually a subdued period for Greek politics between Christmas and New Year, the government has announced a series of changes among its general and special secretaries, while also experiencing turbulence with regard to one of its earlier techn...
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Economic sentiment on up again after 4.2 pt rise in Jan
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday. ESI had dropped by 3.1 points to 110 in December Economic...
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Central govt debt rises again in Q4, reaching 388.3 bln euros
EconomyMacroeconomyGreece’s central government debt increased by roughly 2 billion euros in the last quarter 2021 to 388.34 billion euros, from 386.82 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Friday. The current QoQ chang...
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Property prices rise again in Q4 2021, taking full-year increase to 7.1 pct
EconomyMacroeconomyThe rise in the nominal value of apartments in Greece accelerated to 9.1 percent year-on-year (YoY) in the last quarter of 2021, from an upwards revised 8.3 percent in the third quarter, Bank of Greece (BoG) data released on Tuesday showed. This is the ...
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Building activity slows again in Mar, as Q1 rise reaches 6.7 pct
EconomyMacroeconomyThe growth in building permits slowed down in March, with total permits rising by 2.8 percent year-on-year (YoY) from a 13.7 percent rise in February, according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Wednesday. The tot...
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Industrial production on up again in May as manufacturing expansion triggers 3.2 pct rise
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) resumed its recovery in May, rising by 3.2 percent year-on-year (YoY), after a temporary pause in April when it dropped by 4.8 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Frid...
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Vehicle sales drop again YoY in June as only used passenger cars sales grow
EconomyMacroeconomyThe rise in road motor vehicles going into circulation for the first time slowed down to 2 percent year-on-year growth in June, after an increase of 21.3 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In J...
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Industrial production growth accelerates to 5.2 pct in Feb, electricity supply contracts again
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) picked up strength in February, rising by 5.2 percent year-on-year (YoY), from just a marginally positive 0.8 percent in January, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. Th...
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Economic sentiment indicators inch up again in July
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a 1-point rise in July, after a 2-point increase in June, according to European Commission figures released on Friday. Sentiment has been improving in seven of the last nine months, essentially since October la...
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Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) recorded back-to-back contractions in July, falling by 1.9 percent year-on-year (YoY), after dropping by a downward revised 3.4 percent in June, according to Hellenic Statistical Authority (ELSTAT) data release...
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