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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicsthis allowance at a total annual cost of 360 million euros, and any change will need... more room for relief measures. This could take the total package to around 2 billion euros... percent, plus one extra seat for every 0.5 percent up to a total of 50 seats at 40 percent) never
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomydropped by 5.5 percent versus Q1. Final consumption expenditure increased by 0.7 percent compared... the majority of GDP, making up around 89 percent of the total figure in Q2, with private consumption... percent of the total. In its Medium Term Fiscal Strategy (MTFS) for 2020-2023, the Ministry of Finance
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Coalition sets bar low for presidential vote, opts for pre-election rhetoric
PoliticsGreek PoliticsThe government appears to have set 165 as its target for the number of MPs’ votes it hopes to garner in the first presidential ballot on Wednesday. The number has appeared in several reports citing government sources and appears a logical goal in the wa...
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Unemployment rate at 20.6 pct in Jan, inactive population rises
EconomyMacroeconomyon Thursday. In January, a rise of 12,443 people employed was noted versus December. The total... since October 2011 in which the total number of unemployed has stayed below the 1-million mark... of 21.2 percent, rising against the figure for Q3 of 20.2 percent. This took the total for 2017 to 21.5
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Growth in building permits slows to 4.3 pct YoY in Jan
EconomyMacroeconomyThe new year started with a slowdown in the growth of building permits in Greece, with total...) on Thursday. The total number of permits issued in January reached 1,522, from 1,459 in January 2021... permits issued rose by 26.6 percent. Total permits stood at 23,970. Surface area increased by 46.6
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Catering and retail contribute to worst employment balance on record in Jan
EconomyMacroeconomyJanuary a record since data is reported. Total hirings in January came to 195,001 versus 226,998 departures. Voluntary departures accounted for roughly 38 pct of the total, with the remaining classed... balance reached 116,649, improved by 43,802 more jobs year-on-year. Total hires were 3.21 million
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Current account at 1 bln surplus in Jan, goods deficit at 2.91 bln
EconomyMacroeconomybillion euros in January, from 2.66 billion euros in the same month last year. Total imports came to 6.91 billion euros in January, from 6.6 billion last year. At the same time, total exports came to 4... euros. Travel receipts came to 302.2 million euros, from 281 million euros in January 2024. The total
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Jan current account deficit at 1.29 bln, goods and services balances improve
EconomyMacroeconomycame to 2.81 billion euros in January, from 2.91 billion euros in the same month last year. Total imports came to 6.39 billion euros in January, from 6.91 billion last year. At the same time, total... 2025. The total services balance was 328.3 million euros, from 247.8 million last year. During
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Hiring balance stays negative in Jan as new hires drop YoY
EconomyMacroeconomy. Total hirings in January came to 199,215 versus 217,959 departures. Voluntary departures accounted for roughly 37 pct of the total, with the remaining classed as layoffs and termination of contracts... 2025, the balance was positive with 77,074 more hires, against a balance of 70,349 in 2024. Total
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Despite payment of some arrears, total reached 4.6 bln at end of 2013
EconomyMacroeconomyshare of outstanding arrears comes from social security funds, at 2.55 billion (55 percent of total
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