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Building permits drop by 0.7 pct in December; rise 9.2 pct in 2020
EconomyMacroeconomyBuilding permits fell by 0.7 percent year-on-year (YoY) in December after a drop of 12.4 percent seen in November, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number of permits came to 1,813. The corresponding surface area increased by 17.9 percent while
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Car sales drop by 18.8 pct in February
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time fell by 16.4 percent in February compared to a drop of 27.8 percent in January, Hellenic Statistical Authority (ELSTAT) data showed. In February 2020, the year-on-year change showed a rise of 7.7 percent. Car sales for the month came
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Police and protests at centre of political leaders' debate
PoliticsGreek Politicsmeet with resistance from the Data Protection Authority. He called on SYRIZA to support the idea
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Primary cash balance deficit at 2.72 bln in February
EconomyMacroeconomy. The Finance Ministry released its own preliminary data that showed the primary budget recorded a deficit
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Current account shows deficit of 436 mln in January
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 435.7 million euros in January compared to 653.8 million euros in December, Bank of Greece (BoG) data showed. In January 2020, the balance showed a deficit of 1.29 billion euros, meaning that the month’s deficit improved by 853.8 million
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Unemployment at 16.2 pct in Q4
EconomyMacroeconomynoted that the impact of the pandemic on the labor market increased in Q4 2020. The available data
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Travel balance falls by 97.6 pct in January
EconomyMacroeconomyGreece’s travel balance came to 2.4 million euros in January from 54.9 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 97.6 percent year-on-year (YoY). Receipts came to 25.4 million euros for the month, falling by 90.9 percent YoY. Travel payments decreased
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PM trails national recovery plan ahead, talks up growth prospects
PoliticsGreek Politics(34 pct) prefer a slight extension to allow time for the epidemiological data to be reassessed
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Retail turnover drops by 5 pct and volume by 3 pct in January
EconomyMacroeconomyGreece’s retail sales index decreased by 5 percent in January following a revised drop of 12.8 percent in December, Hellenic Statistical Authority data showed on Wednesday. The index has now dropped in 10 of the last 11 readings, showing the impact of Greece’s lockdowns. The corresponding volume
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Trade deficit falls by 33.2 pct in February
EconomyMacroeconomyGreece’s trade deficit fell by 33.2 percent year-on-year (YoY) in February compared to a drop of 23.2 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed. The deficit came to 1.14 billion euros for the month. Imports totalled 4.02 billion euros
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