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Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
PoliticsGreek Politicsin order to avoid heavier and more wide-ranging charges proposed by opposition parties. A total 154 lawmakers voted in favour, while 61 abstained from the marathon session in which a total 14 votes..., leftist Movement for Democracy and ultraconservative Niki called for charges against a total of nine
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Current account deficit improves to 2.11 bln in Apr, broadly stable in 4M
EconomyMacroeconomycame to 2.88 billion euros in April, from 3.13 billion euros in the same month last year. Total imports came to 6.64 billion euros in April, from 7.5 billion last year. At the same time, total... 2024. The total services balance was 1 billion euros, from 941.2 million in April 2024. During
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Waiters and chefs lead May hiring balance to highest on record
EconomyMacroeconomyof 11,181 jobs and this year is a new monthly record, breaking last year’s high. Total hirings in May came... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs dropped by 3,884 year... of 2024. Total hires were 1.4 million, against 1.07 million departures.
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Significantly improved oil balance pushes current account to 196.5 mln surplus in May
EconomyMacroeconomy3.45 billion euros in the same month last year. Total imports came to 6.47 billion euros in May, from 7.55 billion last year. At the same time, total exports came to 4.11 billion euros, from 4.1... billion euros, from 1.91 billion euros in May 2024. The total services balance was 2.21 billion euros
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
EconomyMacroeconomyyears during June. Total hirings in June came to 365,226 versus 349,558 departures. Voluntary departures accounted for roughly 32 pct of the total, with the remaining classed as layoffs and termination... in the same period of 2024. Total hires were 1.71 million, against 1.37 million departures.
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Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
EconomyMacroeconomyin June, from 2.48 billion euros in the same month last year. Total imports came to 7.02 billion euros in June, from 6.65 billion last year. At the same time, total exports came to 3.85 billion euros, from... receipts came to 3.31 billion euros, from 3.04 billion euros in June 2024. The total services balance
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Government’s effort to revive economic success story narrative heavily reliant on RRF execution
PoliticsGreek Politicsargued that ELSTAT data suggests the number of trips being made by Greeks and the total number... requests, absorbing 23.4 billion euros - 65 percent of its total RRF resources - of which 12.04... Commission approved the fifth payment this May, releasing a total of 3.13 billion euros, split between 1.35
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ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
EconomyMacroeconomy, with total employment comfortably staying well above the four-million mark, at roughly 4.38 million... more hires then departures. Total hirings came to 365,226 versus 349,558 departures. For the six... in the same period of 2024. Total hires were 1.71 million, against 1.37 million departures.
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Jobs in education lead negative hiring balance of 20,728 in July
EconomyMacroeconomyin the last few years during the peak summer months. Total hirings in July came to 292,270 versus 312,999 departures. Voluntary departures accounted for roughly 35 pct of the total, with the remaining... of 304,229 in the same period of 2024. Total hires were 2.05 million, against 1.73 million departures.
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Current account in 938.4 mln surplus for July thanks to services
EconomyMacroeconomyin July, from 2.84 billion euros in the same month last year. Total imports came to 7.2 billion euros in July, from 7.37 billion last year. At the same time, total exports came to 4.29 billion euros... came to 4.52 billion euros, from 3.93 billion euros in July 2024. The total services balance was 4.5
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