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Economic sentiment slides by 0.4 pts again in Dec, consumer confidence improves
EconomyMacroeconomyGreece’s economic sentiment (ESI) experienced another marginal drop of 0.4 points in December, the same decline as in the previous month, falling to 106 points overall, according to European Commission figures released on Monday. Sentiment had been impr...
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Rule of law concerns in spotlight again as government focusses on farmers' grievances
PoliticsGreek PoliticsIssues concerning the rule of law in Greece are back in the spotlight after reports were issued suggesting that the country’s record on corruption is slipping and serious problems continue to plague the local media. The annual Corruption Perceptions Ind...
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Jan current account in surplus, trade balance worsens as exports drop again
EconomyMacroeconomyGreece’s current account recorded a surplus of 1.7 billion euros in January, from a deficit of 2.25 billion euros in December, Bank of Greece (BoG) data showed on Friday. In January 2023, the balance showed a deficit of 161.5 million euros. The Bank of ...
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CPI accelerates again in March, rising by 3.2 pct YoY and 1.5 pct MoM
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) increased marginally in March, with a rise of 3.2 percent year-on-year (YoY), after an increase of 2.9 percent in February, according to the data released on Wednesday by the Hellenic Statistical Authori...
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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
EconomyMacroeconomyGreece’s industrial turnover fell sharply in March, dropping by 6 percent year-on-year (YoY) from a 3 percent increase in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. Industrial turnover resumed its cont...
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Energy forces import prices upwards again with 2 pct increase YoY in Apr
EconomyMacroeconomyGreece’s import price index stayed on positive ground in April, rising by 2 percent year-on-year (YoY), after a 1.3 percent increase in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. After 13 months of consec...
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Current account surplus at 651.3 mln in Aug, travel receipts drop again YoY
EconomyMacroeconomyGreece’s current account was in a 651.3-million-euro surplus in August, from 246.2 million euros in July, Bank of Greece (BoG) data showed on Monday. In August 2023, the balance showed a surplus of 611.8 million euros. The Bank of Greece notes that this...
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Fuels head 1.7 pct YoY drop in retail sales for Nov as volumes drop again
EconomyMacroeconomyGreece’s retail sales resumed contraction in October with a drop of 0.6 percent year-on-year (YoY), after an increase of 1.7 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index had another...
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Import prices rising again as Dec sees 0.6 pct YoY increase
EconomyMacroeconomyGreece’s import price index ended 2024 with a 0.6 percent year-on-year (YoY) rise in December, after a 2.8 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the first growth ...
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Government on alert again as farming subsidy probe zeroes in on two ex-ministers
PoliticsGreek PoliticsThe government had been hoping that Wednesday’s vote in Parliament on the preliminary inquiry into former transport minister Kostas Karamanlis over the Tempe affair would provide the ruling conservatives with some breathing space but they are now facing...
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