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Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
EconomyMacroeconomyGreece's travel receipts rose by 14.2 percent in June, picking up pace from the growth of 1.7 percent noted in May, Bank of Greece (BoG) data revealed on Tuesday. Receipts totalled 2.05 billion euros... euros, increasing from 522 euros in May. The breakdown of the inbound travellers’ flow showed
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Athens readies labour legislation, but not to cross off prior actions
PoliticsGreek Politicsgovernment. The prime minister may argue in the coming days that the conservatives would not consider... activity may help move the domestic debate away from ideological issues, on which it has been
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Coalition returns to work with one eye on centre-left leadership contest
PoliticsGreek Politicsposition may be more appealing to PASOK’s more traditional support. The leader of centrist To Potami... left may be challenged if the new entity gets off the ground. If the alliance can have a forceful
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Inflows continue in July as deposits increase by 927 mln
EconomyMacroeconomybillion. Following the recorded inflows since May, Greek banks’ Eurosystem funding fell for the 25th... since May 2014. The ECB decided on August 3 to further reduce the ELA ceiling for Greek banks
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Economic sentiment improves again in Aug, consumer confidence climbs by 4.5 pts
EconomyMacroeconomymonth, European Commission (EC) figures revealed on Wednesday. The notable improvement in ESI since May... in the first half of the year, ESI has improved by 3.9 points since January and 5.8 points since May
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Drop in apartment prices continues with slower decline of 1.2 pct in Q2
EconomyMacroeconomyfigure in May at close to a 46 percent rise, capturing a low base effect, building permits have plummeted by around 87 percent in the last 11 years to 1,237 in May, from a monthly average of close
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GDP rises by 0.5 pct in Q2 as signs of recovery emerge
EconomyMacroeconomyincluded in the Medium-Term Fiscal Strategy (MTFS) voted in mid-May point to GDP growth of 1.8 in 2017... published on May 11, expecting GDP to grow by 2.1 percent. The IMF estimate is slightly higher at 2.2
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Athens keeps cautious eye on Berlin-Ankara relationship as German elections approach
PoliticsForeign Policy-Turkey relations altogether, analysts say. The EU–Turkey refugee deal may be one of the reasons... citizens who are accused in Turkey for having participated in last year’s coup. The Greek government may
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Macron arrives in Athens, kindling government's hopes
PoliticsGreek Politicsin the months to come, Paris may prove the strongest and most useful ally that Athens has on this issue... that Greece may begin to seem like a more attractive investment prospect, despite numerous obstacles
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Newsletter 131 - 8/9/2017
percent in June after a downwardly revised figure of 21.5 percent in May, the Hellenic Statistical... are unemployed fell by 13,867 compared to May, to total 1 million in June. The labour force rose slightly to 4.8
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