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Economic sentiment at 90.8 in July, consumer confidence slips
EconomyMacroeconomyhas worsened by 7.4 points. Additionally, compared to July 2019, the ESI has decreased by 15.8... points month-on-month and came to -34.7 in July. Compared to July 2019, consumer confidence has dropped.... Year-on-year, industry confidence has fallen by 15 points. The services index improved by 12.6 points
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PM wades in on Turkey dispute as Covid-19 threat grows at home
PoliticsGreek Politics. Significantly, Macron added that he has decided to strengthen France’s naval presence over the coming days... diplomatic sway over Ankara. Also, in terms of public diplomacy, Macron has made a bigger impact... and a “defender of European values and international law.” On the political level, Mitsotakis has
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Pompeo meeting concludes week of intense diplomatic activity over EastMed
PoliticsForeign Policy, which has also added to the calls for Turkey to avoid provoking its neighbours in the region. According.... “At such a crucial juncture, the EU has to send a message that such errant behaviour is unacceptable... on Turkey. The Dendias-Pompeo meeting has added significance because it is taking place in the wake
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Govt scrambles to prevent Covid-19 spreading further as holidaymakers return to cities
PoliticsGreek Politicsmorning. Greece has recorded almost 3,000 coronavirus cases in August and there is concern among... steps the government has to take. This comes after a new round of measures was adopted from Monday..., so the criticism from the opposition and some commentators has increased. On Sunday, SYRIZA
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Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
PoliticsGreek Politics, which has not benefited as much from the opening of Greece’s borders after the lockdown... that Greece has a cash buffer of 34.7 billion euros at its disposal, down from 37.5 billion in March... national output, the denominator in the debt ratio, is shrinking. Staikouras has to balance this effort
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Economic sentiment at 90.7 in Aug, construction and retail dip
EconomyMacroeconomy, the EEI has worsened by 7.7 points. Additionally, compared to August 2019, the ESI has decreased... confidence has dropped by 26.8 points. Industry confidence fell by 2.2 points month-on-month to stand at -15.5 points. Year-on-year, industry confidence has fallen by 16.1 points. The services index improved
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek Politicsand public transport, has been cut back to the bare bones. During the last decade, Greece slashed defence..., as a percentage of GDP, spending on defence has remained at 2 pct of GDP or more throughout this period, well.... Reforms Mitsotakis also referred to his government’s reforms programme, although much of this has
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More Covid-19 measures on way for Athens as public concern grows
PoliticsGreek Politicsthe government has not done more over the last few months to bolster the system so it can deal with an upsurge... party stands at 39.1 pct, compared to 39.9 pct in the last survey. SYRIZA’s support has dropped from 24 to 22.1 pct over the last few months. There has been little change among the smaller parties
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Greece and Turkey prepare for exploratory talks brokered by Germany
PoliticsForeign Policythe work of the German government. Berlin has been involved in various initiatives since September 11... of Kastellorizo. With the support of Washington, Berlin has put all its diplomatic efforts... an issue for the Greek government, which has been left perplexed by the contradictory statements given
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Consumer confidence drops by 6 pts as economic sentiment declines in September
EconomyMacroeconomyto last year, the EEI has worsened by 3.2 points. Meanwhile, compared to September 2019, the ESI has... year, consumer confidence has dropped by 34.2 points. Consumer confidence is now at its lowest level... to stand at -18.1 points. Year-on-year, industry confidence has fallen by 19.1 points. The services
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