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  1. Newsletter 500 - 27/03/2026

    Newsletters

    as Greece moves closer to election year. The government enters this period with a strong numerical..., or €392 per year, which represents a net gain of roughly 42 percent of the new minimum wage... from the first two months of the year and before the outbreak of the war in Iran, some 7,500

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  2. Hiring balance stays negative in Jan as new hires drop YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to data from the Labour Ministry’s ERGANI information system. The hiring balance in January last year was also negative with 15,450 more departures, leading to a year-on-year deterioration with 3,294.... Layoffs rose by 656 year-on-year, while voluntary exits were down by 4,080. Hirings were down by 6,718

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  3. Newsletter 502 - 24/04/2026

    Newsletters

    for Greece this year. The Bank of Greece now sees the economy growing by 1.9 pct; a roughly equal... year, with receipts of 12.7 billion euros out of a total of 23.63 billion euros. Receipts from the UK... year as it will affect this year’s planting. We think that we are approaching a tipping point

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  4. Newsletter 503 - 08/05/2026

    Newsletters

    moderately at 1.5 pct, compared with 2 pct last year. The PMI data for April capture the scale... the sharpest increase in three‑and‑a‑half years. Producer prices in March jumped by 8.3 pct year‑on‑year... is sharply lower than the –42.7 recorded a year ago. This is the lowest level of consumer confidence in four

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  5. NBG reports profits of 344 mln in Q1, NII at 541 mln
    Image: NBG

    EconomyBanking

    to a profit of 381 million euros in Q1 2025, a drop of almost 10 percent year-on-year (YoY). Attributable profit was 272 million euros, from 301 million euros in Q1 last year. P&L Net interest income (ΝΙΙ..., from 56.52 billion euros in Q1 last year. Gross loans were 41.19 billion euros with NBG’s loan

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  6. Iran war begins to bite as costs rise and confidence falls

    EconomyMacroeconomy

    at 1.5 pct, compared with 2 pct last year. The PMI data for April capture the scale of the challenge... increase in three‑and‑a‑half years. Producer prices in March jumped by 8.3 pct year‑on‑year and 10... than the –42.7 recorded a year ago. This is the lowest level of consumer confidence in four years

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  7. Greece braces for major inflation shock as Middle East standoff continues
    Photo by Natasha Pantazopoulo/Fosphotos

    EconomyMacroeconomy

    negative for five consecutive months and with only two positive readings since January last year... and natural gas at 36.5% year‑on‑year. On a monthly basis, energy products rose by 69.2% and 48.7... products were in deflation for much of the second half of last year and have been rising since December

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  8. Newsletter 507 - 05/06/2026

    Newsletters

    year, has also imploded. Seven of its MPs resigned or declared independence this week, leaving... year, private consumption had been forecast to grow by 2%, investments by almost 9%, and government... of Greece, which also sees growth at 1.9% this year. The European Commission last month placed Greece’s

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  9. It’s not just young Greeks who are looking abroad, older professionals have joined the queue

    Society

    for the certificates in 2010, 181 in 2011 and 188 in 2012. Up to August this year, there had been 108 applications... for financial reasons. Last year, 123 of 188 dentists asking for certificates had practices. Also, this year 74 of the 108 request so far came from dentists aged 36 to 55. The number of doctors leaving

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  10. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    euros last year, according to the Bank of Greece (BoG). The significant increase mainly reflects a jump in the current transfers’ surplus to 1.86 billion, from just 100 million last year, owing... is still materially improved, up 142 percent year on year (yoy) at 720 million, mainly courtesy

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