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Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
EconomyMacroeconomyGreece’s industrial turnover continued its positive streak this year with an increase of 11.4 percent in May after April’s figure was slightly revised down to 6.5 percent, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. The latest figure means that the index has remained
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Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
EconomyMacroeconomyGreece’s travel balance rose sharply by 38.2 percent in May, recovering strongly from April’s decline of 29 percent, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 1.47 billion euros for the month, an increase of 34.7 percent. Travel payments increased at a slower pace of 16
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Disposable income grows by 2.1 pct in Q1, gross savings continue to shrink
EconomyMacroeconomyGreek household disposable income grew by 2.1 percent year-on-year in the first quarter (Q1) of 2018, picking up from the increase of 0.4 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. The absolute figure landed at 26.76
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Retail index jumps 5.3 pct in May led by fuel and supermarket sale
EconomyMacroeconomyGreece’s retail sales index increased by 5.3 percent in May, accelerating from the growth of 0.8 percent noted in April, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The headline index has remained positive for four out of the first five months of the year with February the only
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Is a lack of spending hampering Greece's firefighting capabilities?
Societyreliant on a professional force than on volunteers. Data compiled for the 2008 publication Pompiers
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Trade deficit up by 30.9 pct in June as imports grow faster than exports
EconomyMacroeconomyGreece’s trade deficit jumped by 30.9 percent year-on-year (YoY) in June, reversing the decline of 15.8 percent noted in May according to data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday. The deficit stood at 1.97 billion euros for the month. The headline figure for June
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturesindustry hired some 87,500 people, most of whom were employed full time. According to ELSTAT data
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammewill have is that by then, the Hellenic Statistical Authority will have published the GDP data
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CPI up by 0.9 pct in July to mark fourth consecutive rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.9 percent in July following an increase of 1 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. After four years of deflation, 2017 was the first year that overall prices rose in Greece. The positive streak was interrupted
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Industrial production grows by 1.2 pct in June and rises by 0.5 pct in first half of the year
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 1.2 percent in June after May’s growth was revised up to 1.7 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. The latest figure marks four positive months for the index, following two negative months at the start
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