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Mitsotakis makes new bid to break deadlock with farmers as govt ponders relief measures
PoliticsGreek Politicsas the government grapples with farmer protests and broader cost‑of‑living pressures. In the vote estimate... parties register modest support: MeRA25 (2.7 pct), Movement for Democracy (2.2), Voice of Reason (2.1..., the Finance Ministry is taking a conservative stance and estimates that there is fiscal space of 800 million
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyof President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation
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Wages index drops in Q2 to its lowest level since 2001
EconomyMacroeconomypercent in Q1 up to 2.2 percent in Q4 2014. On a quarter-on-quarter (QoQ) basis, the wages index... recorded in Q1. Compared to the previous quarter, it displays a rebound by 7.7 percent, yet this mainly
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Drop in arrivals and spending impinge on H1 travel receipts
EconomyMacroeconomyby the United Kingdom where receipts increased by 2.2 percent to 648 million. Receipts from the main countries... percent to 888,000, UK 13.1 percent to 928,000, Russia 7.7 percent to 162,000 and US by 6.4 percent
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H1 exports show notable fall in many sectors but agricultural products buck trend
Economyrebounded by 3.6 and 7.7 percent respectively. Exports of raw materials also recorded a decline..., exports to the EU and the eurozone edged up by 1.3 and 2.2 percent respectively. As a result, exports
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankingwas reduced by 587 million QoQ and by 2.2 billion year on year (YoY) to 25.35 billion at the end... posted a similar rise to 16.7 percent. The bank’s tangible book value stood at 7.7 billion in Q3, while
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The race to reduce Greece's bad loans
EconomyBankingby 2.2 billion. The targeted reduction in NPLs is stated as 47 percent (or by 34.2 billion) across... is targeted as reaching 10.6 billion by the end of the year and 7.7 billion at the end of 2019. As part
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Building permits increase by 4.7 pct in June
EconomyMacroeconomyby 7.7 percent YoY during the second quarter (Q2) of the year from an upward revised increase... to the same month last year, construction confidence has increased by 2.2 points.
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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
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Newsletter 277 -11/12/2020
. The latest reading is the lowest since July 2015 when it fell by -2.2 percent. The data showed... fell by 31.7 percent. Exports to EU countries fell by 7.7 percent, while those to non-EU countries
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