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Current account deficit widens to 3 bln in Mar, at 4.47 bln in Q1
EconomyMacroeconomyGreece’s current account recorded a deficit of 3 billion euros in March, from a deficit of 2.49 billion euros in February, Bank of Greece (BoG) data released on Wednesday showed. In March 2024, the balance showed a deficit of 2.5 billion euros. The Bank...
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Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
EconomyMacroeconomyBuilding activity tumbled in March with a collapse of 41.3 percent year-on-year, after a sharp drop of 21.9 percent YoY seen in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits i...
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Iran war fallout impacts Mar prices as energy drives 3.9 pct YoY CPI rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated significantly in March with a rise of 3.9 percent year-on-year (YoY), from 2.7 percent in the previous month, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT). The...
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Trade deficit narrowed by 30.5 pct YoY in Mar, down 7.2 pct in Q1
EconomyMacroeconomyGreece’s trade deficit fell sharply in March with a 30.5 percent year-on-year (YoY) drop, after a jump of 14.3 percent in February, according to data released by ELSTAT on Friday. The deficit came to 2.21 billion euros for March. Imports totalled 7.15 b...
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Energy pushes import prices up by 11.4 pct YoY in Mar, highest since Dec 2022
EconomyMacroeconomyGreece’s import price index jumped by 11.4 percent year-on-year (YoY) in March, after a 3.2 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The index peaked in April 2022 wit...
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Current account deficit at 2.34 bln in Mar, up to 6.96 bln in Q1
EconomyMacroeconomyGreece’s current account recorded a deficit of 2.34 billion euros in March, Bank of Greece (BoG) data released on Friday showed. In March 2025, the balance showed a deficit of 3.2 billion euros. The Bank of Greece notes that this is due to improvements ...
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Greece tries to navigate through uncertainty in Western Balkans
PoliticsForeign Policyinto the assembly after the Social Democrat party and others representing FYROM’s Albanian ethnic minority voted... with Albanian ethnic minority parties. Berlin also seems keen to support a new government led by Zaev... of the rights of the Greek minority. This path is a path of stability. Overcoming any instability within
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Athens aiming to step up diplomatic contact with neighbours
PoliticsForeign Policythat according to Athens is “a step backwards for the main minority in Albania.” Greece also denounced measures taken by the Albanian government aimed at demolishing property belonging to the ethnic Greek minority... of the Exclusive Economic Zone and the treatment of the Greek minority in Albania. Tirana may also raise
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Erdogan visit leaves Athens with much to ponder, no visible signs of progress
PoliticsForeign Policy, though, the need for matters relating to the Muslim minority living in Western Thrace to be re-examined. He claimed that the minority in northeastern Greece is being discriminated against. He called... that take into account the needs of the Muslim minority. This includes, for example, providing more funds
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SYRIZA confident of survival beyond name deal, confidence vote
PoliticsGreek Politicsand that the necessary parliamentary conditions exist for Tsipras’s party to continue in power as a minority... as a minority government. It should be noted that in the past, when administrations have lost... a no-confidence vote, continuing to govern with minority support will be a challenge. It is also
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