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Fiscal issues top agenda as fourth post-MoU review gets underway
EconomyProgramme, the creditors’ focus is expected to be on next year’s budget, particularly in terms of how... indicated that New Democracy will be forecasting higher growth for next year, delivering greater revenues... of International Monetary Fund loans, saving 75 million euros in annual servicing costs next year
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Travel balance up by 9.6 pct in July, German visitors continue to fall
EconomyMacroeconomyGreece’s travel balance rose to 3.40 billion euros in July from 3.10 billion a year ago, Bank of Greece (BoG) data has shown. This equates to an increase of 9.6 percent year-on-year (YoY). Receipts... million. During the first seven months of the year, travel receipts rose by 13.6 percent to 9.15
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Economic sentiment edges down to 107.2, consumer confidence continues to rise
EconomyMacroeconomyin several areas. Industry confidence rose by 0.4 points month-on-month to stand at 1 point. Year-on-year... to 20.2 points. Year-on-year, the service confidence indicator has improved by 9.7 points. Retail trade rose by 10.3 points month-on-month to 32.9, and showed a rise of 11.9 points year-on-year. Finally
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Athens sets out debt management strategy for 2020, reopens 10-year bond
Economydebt management strategy for next year. At the same time, the Public Debt Management Agency (PDMA) reopened on the same day the 10-year bond issued early this year in an attempt to maximise the benefits from the record low yields that Greece has been enjoying during the second part of the year
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Travel balance up by 14.4 pct in August, 8-month receipts show rise of 13.6 pct
EconomyMacroeconomyGreece’s travel balance rose to 3.93 billion euros in August from 3.43 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 14.4 percent year-on-year (YoY... percent to 1.8 million. During the first eight months of the year, travel receipts rose by 13.6 percent
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Greece falls to 79 out of 190 economies in ease of doing business ranking
EconomyFeaturesfell to number 79 out of 190 economies worldwide. Last year, Greece stood at number 72, meaning that in the space of a year, the country has dropped by seven places. It is now ranked below Peru (79..., down three places from a score of 153 last year. The best score came in starting a business with a rank
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Economic sentiment eases to 106.7 in Oct, industry and construction confidence improve
EconomyMacroeconomyin several areas. Industry confidence rose by 0.9 points month-on-month to stand at 1.9 points. Year-on-year, industry confidence has risen by 5.3 points. The services index fell by 4.8 points month-on-month to 15.4 points. Year-on-year, the service confidence indicator has improved by 4.7 points. Retail
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New asylum law comes up against old failings
Agorafor thousands of asylum seekers who reach the country each year. Different worlds Of course... manner. Last year, Greece received just under 67,000 asylum applications, according to the Greek.... It outstrips the figure for the Netherlands, where 30,380 applications were received in total last year
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Industrial production rises by 1.2 percent in Sept
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 1.2 percent year-on-year (YoY) in September... since April this year, when the index rose by 2.5 percent. Month-on-month (MoM), the index increased... for the first nine months of the year showed that the IPI rose by 0.8 percent. The figure was driven
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Travel balance up by 15.3 pct in September
EconomyMacroeconomyGreece’s travel balance rose to 2.63 billion euros in September from 2.28 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 15.3 percent year-on-year (YoY... percent to 1.3 million. During the first nine months of the year, travel receipts rose by 14 percent
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