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Trade deficit rises by 7 pct in November
EconomyMacroeconomyGreece’s trade deficit rose by 7 percent year-on-year (YoY) in November compared to a fall of 5.4 percent in October, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed. The deficit came to 1.61 billion euros for the month. Imports came to 4.32 billion euros, showing
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Employment balance negative by 3,666 in December
EconomyMacroeconomyThe employment balance remained negative in December with 3,666 more firings than hirings, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 9,636 fewer people hired than fired. December marks the third continuous month of a negative
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Car sales jump by 21 pct in Dec as 2019 closes with 12.8 pct rise
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time jumped by 21 percent year-on-year (YoY) in December, following a solid rise of 12.5 percent in November, according to data released by Hellenic Statistical Authority (ELSTAT) released on Tuesday. In December 2018, the annual change
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Deadline looms for troubled home protection scheme as insolvency law is lined up
Economy. According to the most recent data, which was published towards the end of last year, roughly 30,000
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Building permits increase by 12.6 pct in October
EconomyMacroeconomyBuilding permits rose by 12.6 percent year-on-year (YoY) in October compared to a rise of 8.5 percent in September, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total number of permits came to 1,840, staying above the 1,000-permit mark for an eighth month
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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgrammeresponded: “I don’t see any reluctance to look into the data and the analysis the European
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Industrial turnover drops by 7.9 pct in November
EconomyMacroeconomyGreece’s industrial turnover fell by 7.9 percent year-on-year (YoY) in November, deepening from a drop of 7.4 percent in October, Hellenic Statistical Authority (ELSTAT) data published on Monday showed. November’s headline figure marks the seventh negative reading in 2019, as well as the fourth
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Current account posts deficit of 1.39 bln in November
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 1.39 billion euros in November, from a deficit of 673.4 million in October, according to Bank of Greece (BoG) data released on Monday. In the same period last year, the deficit was 1.44 billion euros, down by 54 million year-on-year (YoY
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November travel receipts drop by 42.9 pct on lower French receipts
EconomyMacroeconomyGreece’s travel balance fell to a surplus of 87.4 million euros in November according to Bank of Greece (BoG) data released on Tuesday, a decline of 42.9 percent compared to the same time last year. Receipts came to 313.8 million euros, edging down by 0.8 percent year-on-year (YoY). Travel payments
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Study sheds light on different experiences, aspirations of new and long-term migrants
SocietyA new report by the think-tank diaNeosis has shed light on the views of Greece’s migrant population in the first comprehensive study of its kind. The report combined the findings of two surveys carried out in 2019 that provide useful data on immigration in Greece today. The first was conducted
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