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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politicsthat will purchase and lease back primary residences. They have reportedly asked for more data and might
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Disposable income edges up by 0.2 pct YoY in Q4, final consumption up by 2.7 pct
EconomyMacroeconomyGreek household disposable income grew by 0.2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2019, decreasing from the rise of 3.5 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The YoY change in disposable income has
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Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 494 million euros in the first three months of 2020, compared to a surplus of 1.44 billion in March 2019, the final Finance Ministry (MoF) budget execution bulletin showed on Monday. The budget execution data showed the first signs of the impact
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Survey reveals how Greeks are coping with lockdown
Society, and the highest in the time series presented using Metron Analysis data starting in November 2014
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Retail turnover increases by 4.7 pct in February, volume up by 3.5 pct
EconomyMacroeconomyGreece’s retail sales index increased by 4.7 percent in February following a rise of 7.8 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The current month’s reading is the seventh consecutive positive reading so far. The corresponding volume index rose by 3.5
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As easing of lockdown begins, government looks to salvage economy
PoliticsGreek Politicsin the areas affected. According to data provided by Hardalias during Sunday’s regular briefing, 55.9 pct
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Economic diversification vital to Greece's post-coronavirus future
Agorato OEDC data, providers and the government need to ensure the internet is as accessible and fast
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Overall loan interest drops to series low of 4.06 pct in March
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations fell by 24 percentage points to 4.06 percent in March from 4.30 percent in February, data from the Bank of Greece (BoG) showed on Wednesday. The latest reading represents a series low
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April sees lowest hiring balance on record as pandemic bites and 233,626 fewer jobs offered
EconomyMacroeconomyThe employment balance edged into positive territory in April with 7,205 more hirings than firings, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 103,690 more people fired than hired. Ergani noted that there were 233,626 fewer
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Trade deficit declines by 7.9 pct in March
EconomyMacroeconomyGreece’s trade deficit fell by 7.9 percent year-on-year (YoY) in March compared to no change YoY in February, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed. The deficit came to 1.79 billion euros for the month. Imports totalled 4.28 billion euros, showing a drop
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