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Return to investment grade overshadowed by flood destruction
EconomyThe Greek authorities and particularly the government must have had different plans in response to Friday’s move by DBRS to upgrade Greece’s credit rating to investment grade, a rating that it lost 13 years ago as the debt crisis was unfolding and led to three successive adjustment programmes
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Workers lost almost 9 pct of real income last year, research shows
Society, dropping to 18.8 pct, down from the 19.6 pct seen in 2021. The debt crisis led the risk of poverty above 23
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Import prices dropped by 14.4 pct YoY in Jul, although energy segments rose MoM
EconomyMacroeconomyproducts falling by 30.5 percent and electricity down by 21.7 percent. The monthly movements were led
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Newsletter 393 - 15/09/2023
to the organisational shortfalls that Storm Daniel, and the wildfires earlier this summer, exposed. This has led
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Poll suggests mood souring for government, SYRIZA leadership race wide open
PoliticsGreek Politicsthe man who led SYRIZA to power. It is clear that whoever wins the upcoming leadership election
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Under-fire PM pledges civil defence improvements following summer of destruction
PoliticsGreek Politicsexposed by the extreme weather that led to Greece experience its largest ever wildfire and worst ever
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Newsletter 394 - 22/09/2023
rarely led to any tangible results. However, ministry officials feel that this time they have enough
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Mitsotakis-Erdogan talks rubber stamp roadmap, allowing next steps
PoliticsForeign Policyand not on positions that so far led to an almost 40-year deadlock.
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Kasselakis names core backers for key party posts amid questions over party unity
PoliticsGreek Politicsof the parliamentary team. Famellos had acted as caretaker leader and led what is deemed to have been a successful
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Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
EconomyMacroeconomy, non-food was up by 6.3 percent and food sales were up by 7.7 percent. Retail sales were led by a 12.3
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