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Travel balance at 94.8 mln in Mar and 211.9 mln in three-month period
EconomyMacroeconomyGreece’s travel balance edged down by 94.8 million euros in March from 95.1 million a year ago, Bank of Greece (BoG) data has shown. Receipts came to 318.5 million euros for the month, increasing by 32.2 percent year-on-year (YoY). Travel payments also increased by 53.4 percent and came to 223.6
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Mitsotakis appeals to centre-ground voters in bid to score decisive victory
PoliticsGreek Politicsan effort to appeal to Greeks in their teens and twenties. Opinion poll data suggests that SYRIZA has
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Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
PoliticsGreek Politicsby the government over the last few weeks and months. However, exit poll data indicated that the recent
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How SYRIZA lost and New Democracy won
AgoraSunday’s European Parliament elections result in Greece confirmed that the dominance of Alexis Tsipras in the country’s politics, which started with a win in the same contest in 2014, has come to an end. Data from exit polls and the latest official results point to three main factors
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EU elections in Greece: Applying a different scale of values
Agorain Parliament and “argued that they should have been bolder.” The post-election data is not yet available
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Retails sales up by 5.1 pct in Mar after three-month slump
EconomyMacroeconomyGreece’s retail sales index jumped by 5.1 percent in March, following a 2.3 percent drop in February according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday. The rise in the latest month reverses the trend of three consecutive declines in retail sales readings
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PMI eases to 54.2 in May as exports continue to rise
EconomyMacroeconomyGreece’s manufacturing PMI dropped to 54.2 points in May from 56.6 points in April, according to the latest data from Markit PMI. April’s figure had been the highest reading for Greece since June 2000. Despite the drop in the latest month’s reading, Markit noted that the reading still signalled
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammein the first quarter of 2019 according to data provided by the Greek authorities) is cancelled
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Trade deficit drops by 5.2 pct in April
EconomyMacroeconomyGreece’s trade deficit fell by 5.2 percent (YoY) in April compared to a rise of 28.1 percent in March, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed. The deficit stood at 1.65 billion euros in April compared to 2.08 billion in March. Imports continued to outpace
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Industrial production drops by 0.8 pct in Apr
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped year-on-year (YoY) by 0.8 percent in April, softening from a decline of 2.7 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. The latest headline figure is the second negative reading in as many months. Month
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