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EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021
EconomyMacroeconomyto push the first quarter deeper into recession. The region of Attica is home to more than half of Greece... more than 67 pct of the retail turnover. The recovery will be led by private consumption as retail
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Building permits drop by 12.4 pct in Nov amid second lockdown
EconomyMacroeconomypercent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects. The vast majority of building projects are also related to private
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Snow melts in Athens, political row over storm response heats up
PoliticsGreek Politicsthat this was the heaviest snowfall in Athens for more than 15 years. Most of the problems caused... in 2018, which resulted in the deaths of more than 100 people. At the time, New Democracy was able
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MPs urge govt to focus on vaccines, relief as it gets entangled in #MeToo claims
PoliticsGreek Politicsof 8.2 pct, while tourism dropped by more than half to 6.07 billion. It is no surprise, therefore... would make a better job of handling the pandemic and the economic crisis than a SYRIZA administration
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Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer
EconomyMacroeconomythan 13 pct. Supermarket sales came just short of 15 billion euros and sales of pharma products were... down almost 40 pct, while cosmetic sales dropped by more than 39 pct and clothing also fell by 36.6
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PMI dips to 49.4 points in February as cost burdens pile up
EconomyMacroeconomywas softer than in January, though still stronger than the long-run series average. Markit analysts
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Challenges piling up for govt as spokesperson departs
PoliticsGreek Politicsas it continues at a decent pace. Almost 900,000 Greeks had been vaccinated by Saturday, with more than... than 60 days after replacing Stelios Petsas, who was appointed interior minister. Some government
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Newsletter 279 - 05/03/2021
resignation less than 60 days after he was appointed to the post. Although the university professor... of enterprises in Greece that closed last year fell by more than a fifth, while the number of new start-ups
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Building permits drop by 0.7 pct in December; rise 9.2 pct in 2020
EconomyMacroeconomyto this high. Total permits for 2020 came to roughly 80 percent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects. The vast
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Newsletter 288 - 12/03/2021
The core index fell by 1 percent, less than the decrease in January Greeceās Consumer Price Index (CPI... that the core index fell by 1 percent in February, less than the decrease of 1.3 percent in January
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