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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyThe turnover of Greece’s retail trade index resumed a negative trend in May dropping by 8.5 percent... Agency (ELSTAT). Similarly, retail volume fell 3.8 percent in May from a rise of 7.1 percent posted in April. The rate of drop in May retail turnover indicates the highest negative reading since
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Severe underspend covers lower revenues for end-May primary surplus
Economyof 597 million euros in May compared to a target of 246 million, reducing accordingly the year... in May by 1.04 billion, reversing the 4-month slight overperformance of 68 million... of the key budget figures, revenues (before tax refunds) resumed a downward trend in May for the first
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New overdue taxes rise by 235 mln in May, total debt at 104.5 bln
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 235 million euros in May, data from... obligations from tax categories showed a rise of 193 million month-on-month in May, bringing the total... percent in May from 75.8 percent in April, while the amount of VAT due came to 1.84 billion
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Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
EconomyMacroeconomyof 2020, compared to a surplus of 916 million noted in May 2019, the final Finance Ministry (MoF) budget execution bulletin for May showed on Thursday. The budget for May has been widely considered... balance for May came to a deficit of 3.33 billion euros compared to a monthly deficit of 2.01
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Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 2 billion euros in May, from 1.62 billion euros in April, Bank of Greece (BoG) data showed on Thursday. In May 2021, the balance showed a deficit of 1.36 billion euros, while in May 2020 the current account posted a deficit of 911 million euros
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Current account deficit narrows further in May, down by over 3 bln in first five months
EconomyMacroeconomyGreece’s current deficit narrowed to 1.65 billion euros in May, from 1.78 billion euros in April, Bank of Greece (BoG) data showed on Friday. In May 2022, the balance showed a deficit of 2.08 billion euros, while in May 2021 the current account posted a deficit of 1.39 billion euros. The deficit
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Landmark Golden Dawn verdict welcomed by parties, obscuring underlying divisions
PoliticsGreek Politicsbehaviour until the Fyssas murder. They also point to Samaras’s right-hand man, Takis Baltakos, holding..., including its leader Nikos Michaloliakos and most prominent figure, ex-MP Ilias Kasidiaris, did..., with the then justice minister and current Foreign Minister Nikos Dendias leading the effort to bring the law down
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Newsletter 268 -09/10/2020
right-hand man, Takis Baltakos, holding secret talks with Golden Dawn MPs. An ugly chapter... Nikos Michaloliakos and most prominent figure, ex-MP Ilias Kasidiaris, did not appear to be interpreted... proceedings against Golden Dawn, with the then justice minister and current Foreign Minister Nikos Dendias
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Athens hopes Biden will spur change in policy, curbing Ergodan
PoliticsForeign PolicyNikos Dendias described Biden as a “smart and very effective man” and referred to a meeting the pair..., Turkey's Foreign Minister Mevlut Cavusoglou held a telephone call with his Greek counterpart, Nikos
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Insurgent campaign from Kasselakis puts shock SYRIZA leadership win in touching distance
PoliticsGreek Politicsman since 2019. Although Kasselakis insists that he is a progressive, his campaign has been light... ministers Nikos Pappas (8.6 pct) and Euclid Tsakalotos (8.4 pct), while former PASOK cadre Stefanos... part in parliamentary debates. This is a problem that PASOK encountered when it elected Nikos
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