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Government seeking to tie up loose ends before summer break
PoliticsGreek PoliticsThe government is hoping to make use of the last few days of parliamentary activity before the summer recess to pass several bills, while a shake-up of the general secretaries at a range of ministries is also expected in the coming days. Parliament is expected to sit until August 2, before MPs
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Economic sentiment falls sharply in July as nearly all segments deteriorate
EconomyMacroeconomy116.6 points in the previous month. The EEI is down by 2 points in the rolling 12-month period
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June unemployment rate at 9.6 pct as seasonality favours labour market
EconomyMacroeconomy, from 9 percent in June 2023. Youth unemployment dropped by 2 pps year-on-year to 22.5 percent, while
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Central govt debt rises by 1.5 bln in Q2, to 407 bln
EconomyMacroeconomyGreece’s central government debt recorded a rise of roughly 1.5 billion euros to 407.06 billion euros in Q2 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday. The Q2 debt movements reflect a rise of nearly 2 billion euros in bonds and higher repos by roughly of 1.5 billion euros
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Housing tops government plans for policy reset in autumn
PoliticsGreek Politics“My Home” scheme could have a budget of around 2 billion euros. Other ideas that have been floated
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Current account balance turns positive in June thanks to improved services surplus
EconomyMacroeconomyeuros in deficit, from 2 billion euros in June 2023. The travel balance showed a surplus of 2.86
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Bumper results for banks add to frustration over interest rates, fees
EconomyBankingpct in August last year. In the eurozone, the average spread does not exceed 2 pct. Greek banks
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Unemployment rate edges up to 9.9 pct in July
EconomyMacroeconomyamong women fell by almost 2 percentage points (pps) year-on-year and came to 12.5 percent, while
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Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
EconomyMacroeconomyand rising by 3.1 percent year-on-year. There were 2.67 million people in permanent jobs, a rise of 2 percent
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Mitsotakis argues there is no alternative as SYRIZA officials push Kasselakis out
PoliticsGreek Politicsannouncements. He confirmed that a second version of the My Home scheme will be launched, supported by 2 billion
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