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Clarity over fiscal space clears way for next set of relief measures
EconomyMacroeconomyclause regime will free up some 500 million euros of fiscal space that the government can add... an intermediate tax rate and up the level of the 40 pct tax rate that currently stands at 40,000 euros. A side.... The measures that appear certain are the drop in rents taxation, changes in the tax scale
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Industrial turnover falls by 9.1 pct YoY in Apr, driven by foreign markets and manufacturing
EconomyMacroeconomyGreece’s industrial turnover accelerated its sharp decline in April, with a drop of 9.1 percent... of 5.9 percent in manufacturing and mining down by 4 percent. Monthly, the domestic market was up by 8.2... to 5.1 points, from 6.2 points in the previous month. Since June 2024, industry confidence is up 1.5
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ND in danger of being blown off course by farming subsidy scandal
PoliticsGreek Politics. There was an even bigger drop – of 1 percentage point – for far-left Course of Freedom, which is now down to 9.6 pct. The Communist Party (KKE) gained 1.2 points to move up to 7.7 pct, while ultranationalist Greek Solution was up from 6.5 pct to 7.3 pct. SYRIZA remained rooted at 4.6 pct. No other party
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
EconomyBankingto a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY). Attributable profit... were 451 million euros, up by 7 percent YoY. Balance sheet Group deposits amounted to 59.22 billion... stood at 21.7 percent in Q1, up from 20.9 percent in H1 2024.
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Industrial turnover stable in June after marginal 0.1 pct YoY rise
EconomyMacroeconomyby 0.8 percent, from a 0.4 percent drop in the previous period. Manufacturing revenue dropped by 0.1... in manufacturing and mining down by 10.7 percent. Monthly, the domestic market was up by 1.9 percent... in the previous month. Since August 2024, industry confidence is up by over 12 points. Overall
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Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
EconomyMacroeconomy, while those from non-EU countries had a drop of 10 percent. Exports to EU countries rose by 0.9... deficit was up by 2.3 percent, at 16.36 billion euros. Imports from EU countries were up by 5.3
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Falling property FDI raises questions about housing market after Golden Visa rush
EconomyMacroeconomywith a 3.3 pct YoY drop and remained in contraction until Q4 2017. The property index compiled... up. FDI in real estate went from less than 100 million euros per quarter during 2017 to 461.4... levels, which the vast majority of Greeks cannot afford. Since Q1 2019, the property index is up by close
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Oil prices contribute to trade deficit falling by 18.8 pct YoY in Aug
EconomyMacroeconomy, while those from non-EU countries had a drop of 22.6 percent. Exports to EU countries fell by 7.7... deficit was up by 2.5 percent, at 18.43 billion euros. Imports from EU countries were up by 4.8 percent
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Newsletter 484 - 14/11/2025
. The resistance to delignitisation has also been taken up by figures to the right of New Democracy, including... workers up to the age of 29 and shed more light on the realities of the professional lives of young... pct YoY, after a drop of 2.8 pct in the previous month. The index movement reflects a 7.6 pct jump
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Fuels and food drive 0.7 pct YoY fall in Sept retail sales
EconomyMacroeconomy, with fuels down by 7.2 percent, a 3.6 percent drop in foods and non-food up by 2.7 percent. According... percent and food and beverages were up by 0.4 percent. Clothing and footwear also recorded a minor rise
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