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Trade deficit drops by 0.9 pct in June as exports outpace imports
EconomyMacroeconomyGreece’s trade deficit dropped by 0.9 percent in June after rising by 14.2 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The figure for June reflects exports..., falling from the figure of 2.56 billion euros in May. Imports fell to 3.88 billion from 4.29 billion
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Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
EconomyMacroeconomyGreece's travel receipts rose by 14.2 percent in June, picking up pace from the growth of 1.7 percent noted in May, Bank of Greece (BoG) data revealed on Tuesday. Receipts totalled 2.05 billion euros... euros, increasing from 522 euros in May. The breakdown of the inbound travellers’ flow showed
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Athens readies labour legislation, but not to cross off prior actions
PoliticsGreek Politicsgovernment. The prime minister may argue in the coming days that the conservatives would not consider... activity may help move the domestic debate away from ideological issues, on which it has been
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Tsipras and Mitsotakis look for new impetus from Thessaloniki appearances
PoliticsGreek Politics. The Tsipras administration may be aided in this by the visit to Greece of French President Emmanuel... have suggested to the local media that a number of French businessmen may accompany Macron during his
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Coalition returns to work with one eye on centre-left leadership contest
PoliticsGreek Politicsposition may be more appealing to PASOK’s more traditional support. The leader of centrist To Potami... left may be challenged if the new entity gets off the ground. If the alliance can have a forceful
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Inflows continue in July as deposits increase by 927 mln
EconomyMacroeconomybillion. Following the recorded inflows since May, Greek banks’ Eurosystem funding fell for the 25th... since May 2014. The ECB decided on August 3 to further reduce the ELA ceiling for Greek banks
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Tsipras looks to recovery, sidesteps review concerns
PoliticsGreek Politicsmay await the government once the dust from the Macron visit and TIF settles. Kathimerini reported... (i.e. before the end of the year) could be dashed. This may be affected, though, by whether the Fund
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Economic sentiment improves again in Aug, consumer confidence climbs by 4.5 pts
EconomyMacroeconomymonth, European Commission (EC) figures revealed on Wednesday. The notable improvement in ESI since May... in the first half of the year, ESI has improved by 3.9 points since January and 5.8 points since May
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Drop in apartment prices continues with slower decline of 1.2 pct in Q2
EconomyMacroeconomyfigure in May at close to a 46 percent rise, capturing a low base effect, building permits have plummeted by around 87 percent in the last 11 years to 1,237 in May, from a monthly average of close
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Tsipras seeks coalition makeover before review pressure ramps up
PoliticsGreek PoliticsIt is uncertain, though, whether this drive will last much longer as it may be overshadowed... picture may emerge on September 4, when Alternate Finance Minister Giorgos Houliarakis attends
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