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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Featuresalso highlighted how the crisis has impacted domestic tourism. Using data from ELSTAT up to 2017
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ND ready to flesh out its policy agenda, with focus on tax plans
PoliticsGreek Politicstaxes. Finance Ministry officials reportedly presented the lenders with the data regarding
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Industrial turnover drops by 2.3 pct in May
EconomyMacroeconomyGreece’s industrial turnover fell by 2.3 percent year-on-year (YoY) in May compared to a rise of 13.4 percent in April, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. May’s reading is the third negative reading in the year so far. The 12-month trailing index grew by 7.9
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Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
EconomyMacroeconomyGreece’s travel balance rose to 1.36 billion euros in May from 200.3 million euros in April, Bank of Greece (BoG) data has shown. This reflects an annual rise of 7.8 percent. Receipts came to 1.61 billion euros, increasing by 9.3 percent year-on-year (YoY). Travel payments also increased by 18.4
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Disposable income rises by 4.9 pct YoY in Q1, final consumption up by 0.2 pct
EconomyMacroeconomyGreek household disposable income grew by 4.9 percent year-on-year (YoY) in the first quarter (Q1) of 2019, notably increasing from the rise of 1.7 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The YoY change in disposable
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New government aims for extensive changes to education system
Societydata, cloud computing, 3D printing and platform economy. The Greek education system also scored poorly
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Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
EconomyMacroeconomyGreece’s retail sales index fell by 2 percent in May, almost at the same rate as April when the downward revised drop came to 1.9 percent, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure marks two consecutive negative readings. The corresponding volume index
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PMI rises to 54.6 in July, sentiment highest since July 2012
EconomyMacroeconomyGreece’s manufacturing PMI rose to 54.6 points in July from 52.4 points in June, according to the latest data from Markit PMI. This represents a three-month high for the Greek manufacturing sector. The overall strengthening of the index was driven by a rise in new orders. Respondents said
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Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
Economyin mid-July, from 0.67 percent in January. According to the PDMA’s latest data, T-bills constitute
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MPs to vote on changes to governing process as opposition hits out at ND
PoliticsGreek Politicsby SYRIZA in 2016 allowed some retirees to claim exorbitant pensions. Citing data from the Helios
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