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Newsletter 306 - 23/07/2021
passing on Thursday legislation that will make it compulsory for frontline health workers to get... to punish the unvaccinated rather than convince them to get the jab. The latest developments have... a day in the coming weeks. In the meantime, the government is trying to get on with other business
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ND's opinion poll decline thrusts PASOK back into spotlight
PoliticsGreek Politicsto offer to get the coalition over the 150-seat mark. In this projection, the radical left party led by Yanis Varoufakis would get just 12 seats. If the Prorata numbers are replicated in a second vote, ND would get 137 seats, SYRIZA 90 and PASOK 33. This appears a sounder basis for Mitsotakis to offer
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Primary budget surplus passes 1-bln mark for 2014 but revenue shortfall widening
EconomyGreece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months of 2014 from a primary deficit of 306 million in the corresponding period last year, according to the preliminary data released by the Ministry of Finance ...
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Paris talks mark start of Greece's most crucial troika review
EconomyProgrammeThe first round of the new review of Greece’s Economic Adjustment Program (EAP) is kicking off in Paris today and will last until September 4. The IMF spokesman has recently clarified that the aim of these meetings is to “discuss the way forward on the ...
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Break in bailout talks leaves question mark over their conclusion
PoliticsGreek PoliticsAnother night of bailout talks in Athens on Monday failed to yield any tangible results, meaning Greece will have to remain on edge over the next few days as negotiators take a break for the International Monetary Fund’s spring meetings in Washington. F...
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PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 2 points to 50.4 in June from 48.4 in May, Markit’s monthly survey showed on Friday. The headline figure for June represents an expansion, albeit marginal, for the first time since last December. It is the highest head...
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CPI up by 0.9 pct in July to mark fourth consecutive rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.9 percent in July following an increase of 1 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. After four years of deflation, 2017 was the first year that overall prices rose ...
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Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomyThe signs that the Greek economy has been slowing were evident in previous GDP releases for 2023, as minor movements were recorded during the year and, after the latest revision, the first quarterly drop was seen in Q3. There was a minor 0.1 pct contrac...
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Growth of travel receipts in 2024 slows to 5.4 pct as arrivals go past 35 mln-mark
EconomyMacroeconomyGreece's travel balance recorded a surplus of 149.9 million euros in December, compared to 419.9 million euros in November, according to data released by the Bank of Greece (BoG) on Friday. The December balance was 53.4 percent higher than the 97.7 mill...
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Konstantopoulou dominates opposition politics as PASOK and SYRIZA struggle to make mark
PoliticsGreek PoliticsThe opposition parties have tried to play down the latest increase to the minimum wage, which the government announced on Wednesday, arguing that it is of little help to Greek households that are struggling to meet rising costs. Prime Minister Kyriakos ...
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