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GDP rises by 4.4 pct QoQ in Q1 and falls 2.3 pct YoY
EconomyMacroeconomy, following an 8 percent drop in Q4. Final consumption represents the majority of GDP, making up... percent. Final consumption expenditure decreased 2.4 percent (though government consumption was up 4.9
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General govt primary cash deficit at 6.66 bln in April; arrears fall
EconomyMacroeconomyArrears to the private sector (including tax refund arrears) showed a drop of 249 million euros... made up the largest part of the arrears in April. Debt Central government gross debt rose by 3.7... billion euros to make up 10.6 percent of the total. T-bills rose by 400 million to 12.1 billion
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Govt grabs opportunity offered by escape clause to entice voters with support package
Economythe recession to be at 4 pct only to see it end up being twice as deep, the Finance Ministry took a more... in the repayment of the tax advance refunds that can reach up to 75 pct, a liquidity measure... to drop to 51.9 pct of GDP, from 60.4 pct in 2020 and 59.4 pct this year. Revenues are due to rise
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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomyby private consumption recovering by 2.9 pct, while public spending will drop by 2.8 pct... are also seen rising by 8.9 pct. In the MTFS forecasts, private consumption was seen up by 2.9 pct..., or 9.7 pct of GDP. The primary deficit is seen at 13 billion euros, or 7.4 pct of GDP, up from
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Industrial production marks full year of recovery with 16.5 pct rise in Oct
EconomyMacroeconomyby a 4 percent drop in mining and quarrying and a 2.3 percent decrease in water supply. Up... and quarrying. Water supply was up by 0.7 percent. According to the European Commission’s latest business
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Health service weakness highlighted as Covid deaths hit record high and research points to ICU disparity
PoliticsGreek Politicscentre-right party expects new infections and the number of intubated patients to drop in the coming days... not receiving intensive care. ICU row SYRIZA followed up on this comment in the wake of the Lytras..., causing the chances of patients dying during treatment to shoot up. According to their research
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PM seeks to leave ICU controversy behind as Tsipras ups stakes with snap election call
PoliticsGreek PoliticsSYRIZA in 2019. Tsipras chose to up the stakes during his speech, by claiming that the way... and his advisers not being aware of the paper’s content do not stand up to any scrutiny... a smaller drop, from 33.6 to 33 pct. While this means that New Democracy’s lead over SYRIZA has widened
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Retail sales rise by 13.1 pct in Oct, led by fuels and non-food sectors
EconomyMacroeconomy. Retail sales have been growing continuously since April, after nearly one year of drop in sales due... was seen in clothing and footwear that rose by 31 percent, followed by automotive fuel sales up by 25.6 percent. Books, stationery and other goods increased 22.1 percent, supermarkets were up by 9.5
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SYRIZA challenges govt over Covid deaths again as pandemic numbers rise
PoliticsGreek Politicsthe issue of Covid-related deaths back up the political agenda. Mitsotakis, who tested positive... ends meet. Although this has not yet translated into a significant or sudden drop in support for ND... in Parliament. When the issue came up in December, Prime Minister Kyriakos Mitsotakis attempted
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Where is Odysseus? Part 1 - Demographics
Agora, the drop averages between 0.4 and 0.8 percent a year. Since labor availability in persons originates...] Unfortunately, the press likes to play up the headline numbers far too much, as though they are important...] It gets worse. Politicians often think that by pumping up aggregate demand (with public debt
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