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Retail sales up by 4 pct YoY in July as inflation drives volume rise of 2.1 pct
EconomyMacroeconomyGreece’s retail sales accelerated growth with a 4 percent year-on-year (YoY) in July, after a 3 percent increase in June, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday... by roughly 5 points on a 12-month rolling basis. Retail trade improved though it remained on negative ground
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Time running out for government action out as water crisis deepens
PoliticsGreek Politics. EYDAP tariff increases are now considered almost certain, with reports suggesting rises of up to 3... Athens faced rolling shortages. The urgency is underscored by a new advisory from the National
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Building activity on the mend with 13.5 pct YoY rise in Oct
EconomyMacroeconomyby roughly 3 points on the rolling 12-month basis.
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Newsletter 3 - 14/11/2014
Samaras faces tough choices Troika pressure forces government to amend new tax debt payment law Following a week in which the government’s relationship with its own MPs as well as Greece’s lenders was tested, the coalition faces a delicate few weeks ahe...
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
EconomyGreece’s budget execution displayed the primary surplus significantly narrowing by 1.64 billion month on month (MoM) to 1.93 billion at the end of 2014 from 3.57 billion in the 11-month period, according to the Finance Ministry (MoF) preliminary budget ...
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Cash primary surplus for Jan-Jul close to 3 bln on improved revenues
EconomyMacroeconomyGreece’s central government primary cash surplus improved by 23.3 percent to 2.99 billion euros in the 7-month period of 2015 from 2.42 billion last year, according to the Bank of Greece (BoG). It should be noted that last year’s figure incorporated one...
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Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
EconomyMacroeconomyGreece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday. December was the second t...
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Almost 1 in 3 jobs in private sector are part-time, average full-time salary at 936 euros
EconomyMacroeconomyThe Unified Social Security Fund (EFKA), which has since last year seen all the main social insurance funds in Greece come under its umbrella, released on Wednesday its latest employment data. The data has a significant lag since the most recent availab...
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Study suggests 1 in 3 employees could work remotely
EconomyFeaturesResearch by the Centre of Planning and Research (KEPE) has revealed that up to a third of Greek workers could work remotely. With the advent of the coronavirus in the country, the Greek employment market was pushed into the digital age by allowing emplo...
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The Agora Podcast - Episode 3 (Europe in recovery mode)
AgoraThe European Commission has presented its proposal for a recovery fund to help EU countries stimulate their economies and overcome the impact of the coronavirus. In this episode of The Agora, Nick Malkoutzis speaks to John Springford and Christian Odend...
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