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Building permits jump by 42.9 pct in March, from year-earlier start to lockdown
EconomyMacroeconomyare also related to private building projects. The latest confidence indicator for May released by the European Commission showed that the construction confidence indicator dropped in May by 7.2 points..., compared to May last year, construction confidence has shown an impressive recovery of 74 points
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Govt views pandemic window as opportunity to advance contentious reform agenda
PoliticsGreek Politicsof the urgency behind the announcements may be driven by worrying signs anticipating the tapering of pandemic support measures. Unemployment figures from May suggest that the number of jobless rose... may keep the virus around longer than governments would have liked. The opening of the borders has
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Newsletter 303 - 02/07/2021
following the lockdown that was introduced in mid-November last year and it was only relaxed in May... Ministry budget execution bulletin for May showed on Monday. The budget primary balance was confirmed... of 7.49 billion euros up to May last year. For the current aggregate period, the budget balance
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June CPI rises by 1 pct YoY
EconomyMacroeconomya marginal rise of 0.1 percent in May, according to the latest data by Hellenic Statistical Authority...-on-month, the CPI for June rose by 0.9 percent. Up until May’s reading, the CPI had remained consistently... by 0.6 percent YoY in June. Compared to May, the HICP increased by 1.2 percent. In June
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Industrial production up 8.8 pct in June, continues annual recovery from 2020 lows
EconomyMacroeconomy, from a 14.1 percent rise in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday... and the economy was gradually regaining its footing after the sharp shock in the months of May... in May. The annual movement in the index was led by a 19.4 percent increase in electricity supply
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Govt seeks ways to keep classrooms open in face of Delta variant
PoliticsGreek Politicsof the education portfolio. Tuesday’s statements by the government spokesman may signal an attempt to take... on campuses – another controversial measure ushered in by Kerameus – may be seen as an attempt to de-escalate what may otherwise have been a rocky start to the academic year, and focus on the challenge
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Serbia’s road to collective immunity: A tale of two realities
Agorathe most successful weapon in overcoming all kinds of diseases. He may have thought - what would have... and subtracted, and he would always come up with not at all encouraging numbers. He may have naively surrendered... vaccination, although it may not always seem that way, cannot tell him what to air on his programme. Nor
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Speculation about snap polls after summer revived by PM's US trip
PoliticsGreek Politicsrecently saw strong turnouts for internal voting procedures and Mitsotakis may have seen this as a warning... on Covid and energy relief packages over the last three years. This may be less of a factor... for its sovereign debt and the economy may have stabilised, before launching an election campaign
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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid... in May was contained because of weak client demand. Greek manufacturers continued hirings
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Where is Odysseus? Part 3 - Participation
Agoramore females in the labor force. Alas, culture also plays a role and not all countries may... rates shown above, we can now calculate a cone for the number of people in Greece that may be expected... how we can frame a view on how the economy may transition from the current high unemployment rate
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