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Greek, Turkish foreign ministers hold talks with focus on short- and medium-term aims
PoliticsForeign Policythere will be no signing of a text like the Athens Declaration, which was signed in December. The two
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Signs of rally for ND despite strong dissatisfaction among voters
PoliticsGreek Politicslast month, but still eight points higher than December. According to Metron Analysis, 31 pct of Greeks
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S&P ups outlook to positive, leaves rating at 'BBB-'
EconomyS&P published the latest credit rating review for Greece, where the rating was left unchanged at ‘BBB-‘, while the outlook was upgraded from stable to positive. S&P had granted the investment grade to GGBs in October last year, followed by Fitch in December. The positive outlook reflects
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Building permits start year strongly with 15.1 pct rise in Jan
EconomyMacroeconomyBuilding permits started the new year strongly with a rise of 15.1 percent year-on-year (YoY), after a modest 0.6 percent increase in December, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in January reached 2,123, from
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Credit expansion grows by 4.5 pct in Mar, driven by corporations
EconomyMacroeconomyThe credit expansion in the Greek private sector picked up even more pace further in March, rising by 4.5 percent year-on-year (YoY), up from 3.8 percent in February, Bank of Greece (BoG) figures released on Friday showed. At 6.3 percent, December’s 2022 growth was the highest since the summer
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Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
EconomyBankingat 3.5 billion of TLTRO III, with the remainder maturing in June 2024 and December 2024 of 2.5 and 1
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Poll numbers encouraging for Mitsotakis and Kasselakis on road to EP vote
PoliticsGreek Politicsis also highlighted in the data. The social democrats garner 11 pct, whereas in December their support had
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Mitsotakis joins calls for EU to develop air defence system
PoliticsForeign Policyin Switzerland. Following the decisions of the European Council last December, the Greek premier also
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Credit growth unchanged in April at 4.5 pct, flow turns negative
EconomyMacroeconomyThe credit expansion in the Greek private sector was unchanged in April, rising by 4.5 percent year-on-year (YoY), Bank of Greece (BoG) figures released on Wednesday showed. At 6.3 percent, December’s 2022 growth was the highest since the summer of 2009. However, the trend had been moderating
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May PMI still in expansion as firms report supply chain and cost issues
EconomyMacroeconomyled to higher input costs in May leading to the steepest rise in costs since December 2022. Despite
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