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Newsletter 430 - 05/07/2024
by his predecessors, SYRIZA leader Stefanos Kasselakis committed to a further shake-up if his party... in the near term. Main opposition party SYRIZA looks set for another shake-up after several days of public... to follow up with a special constitutional congress with the specific aim of setting the party
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PM hopes to reset narrative with positive announcements
PoliticsGreek PoliticsNew Democracy’s competence and focus on improving citizen’s everyday lives. In the slow build-up..., adding, “Greece is gearing up despite the challenges, and ND is implementing a four-year plan”. His... moved early to pre-empt the inevitable drop in their polling figures. Over the past couple of weeks
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Weak exports to EU markets drive 9.6 pct rise in 7M trade deficit
EconomyMacroeconomyGreece’s trade deficit recorded a rise of 6.6 percent year-on-year (YoY) in July, after a drop..., the aggregate deficit was up by 11.8 percent, at 15.89 billion euros. Imports from EU countries were up by 2.6 percent to 24.82 billion euros, while imports from non-EU markets were also up by 2.3 percent
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Trade deficit reaches 22 bln in 8M as exports continue to slide
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 6.5 percent year-on-year (YoY) in August, after a rise... products and ships, the aggregate deficit was up by 8.2 percent, at 17.93 billion euros. Imports from EU countries were up by 1.8 percent to 27.88 billion euros, while imports from non-EU markets were
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CPI moderates to 2.4 pct YoY in Oct, food inflation below headline number
EconomyMacroeconomy, the CPI was unchanged, from a rise of 1.8 percent in September. In October 2023, the CPI was up by 3.4... was up by 0.1 percent. In October, the annual CPI movement comprised of a 1.5 percent increase... increased by 3.6 percent. Education was up by 2.8 percent. Housing costs also increased by 3 percent
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Industrial turnover resumes growth in Oct with 0.9 pct YoY, manufacturing leads way
EconomyMacroeconomyAuthority (ELSTAT) on Friday. On a rolling 12-month basis, the industrial turnover was up by just.... Manufacturing revenue was up by 1 percent, with the mining and quarrying essentially unchanged... percent in manufacturing, and mining and quarrying up by 22 percent. Monthly, the domestic market
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CPI at 2.6 pct in Dec, housing costs climb by 3.7 pct
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) picked up slightly in December with a rise of 2.6... in the previous month. In December 2023, the CPI was up by 3.5 percent YoY. The price index...-on-month, the HICP was up by 0.1 percent. In December, the annual CPI movement consisted of a 5.9
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New polls suggest picking party veteran for president helps PM in goal of mobilising ND base
PoliticsGreek Politicsparty has risen since December. In terms of voting intentions, ND’s ratings are up from 24 pct last... position in third, as its support rose from 7.9 to 8.6 pct. Greek Solution saw its backing drop from 8.8... leadership issue. Support for the leftists rose from 7.1 to 7.7 pct. Shoring up core vote The breakdown
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Jan trade deficit at 2.81 bln after rising by 8.5 pct YoY
EconomyMacroeconomyGreece’s trade deficit rose by 8.5 percent year-on-year (YoY) at the start of 2025, after a drop... and ships, the aggregate deficit was up by 5.3 percent, at 27.63 billion euros. Imports from EU countries were up by 2.8 percent to 43.38 billion euros, while imports from non-EU markets were also up
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Industrial turnover declines marginally in Feb, led by mining and local market
EconomyMacroeconomyGreece’s industrial turnover contracted in February, with a marginal drop of 0.3 percent year... Statistical Authority (ELSTAT). On a rolling 12-month basis, the industrial turnover was up by 1.8 percent... the non-domestic market was up by 0.6 percent. On a monthly basis, industrial turnover in the total
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