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Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
EconomyMacroeconomyby SETE. Early in 2019, the INSETE noted that tourist arrivals could drop by up to 7 percent in 2019... accounted for 79 percent of tourism revenue in 2018, a drop of 7 percent in international arrivals
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CPI up by 1.4 pct in July as higher fuel prices and cost of electricity filter through
EconomyMacroeconomy. Month-on-month, the CPI for June rose by 0.9 percent. Up until May’s reading, with a marginal increase...’s 2.3 percent drop surpasses the previous lowest reading of -2.2 percent seen in July 2015... by 1.4 percent, a 0.7 percent drop in household equipment and a 2.7 percent fall in communications.
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CPI up by 1.9 pct in Aug for highest reading in almost a decade
EconomyMacroeconomy. Month-on-month, the CPI for August fell marginally by 0.1 percent. Up until May’s reading... 12 months. Last December’s 2.3 percent drop surpasses the previous lowest reading of -2.2 percent.... Month-on-month, the HICP also recorded just a marginal 0.1 percent drop. In August, the annual CPI
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NBG profits up to 714 mln in 9M as NPE ratio is reduced further
EconomyBankingin 2020, was up by 6 pct at 1.11 billion euros. Asset quality NPEs continued to drop, standing at 3.7... million euros, an 8 pct drop YoY. Balance Sheet Group deposits amounted to 51.09 billion euros in 9M
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Govt weighs up impact of Ukraine war on recovery, waits for decisions at EU level
PoliticsGreek Politicsdeficit will be wider than the 1.4 pct of GDP primary of the budget. Each percentage drop of GDP leads... in 2019, before Covid. If there is a drop in arrivals from Russia, resorts in northern Greece... see the appetite for travel picking up globally and pre-bookings indicate a solid season that could
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Industrial production up by 0.5 pct in Jan, electricity supply drops
EconomyMacroeconomyof contraction in production. During the whole of 2022, the index was up by 2.3 percent in the rolling 12-month period. Month-on-month (MoM), the seasonally adjusted index in January recorded a drop of 1.3... almost entirely offset by a drop of 23.5 percent in electricity supply and 2.1 percent in water supply
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Greece takes first round against Covid-19 but fight continues
Agoraas an unlikely role model, with international media referring to the “Greek model” of crisis management... below 5 percent GDP, with the remainder topped up by private spending by individuals. Spending cuts... support functions. Permanent appointments, however, barely made up for departures from the health service
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Newsletter 393 - 15/09/2023
on Wednesday. Hatzidakis confirmed that the generous handouts that were being lined up... also request up to 400 million euros from the Solidarity Fund, which would be made available... of the centralisation of power in the “executive state” model of governance favoured by the Mitsotakis
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PM prepares to reaffirm political dominance in EP elections
PoliticsGreek Politics. The government is stepping up its campaign strategy as the private universities bill, which has divided public... and the bill allowing foreign universities to set up branches in Greece. The university bill passed through... that Greece should adopt the Swedish model when it comes to tertiary education. Pierrakakis argued
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ND highlights housing initiatives as Athens waste row rekindles hopes of progressive alliance
PoliticsGreek Politicstax credits of up to 30 percent of the cost of renovations are offered to landlords to encourage... will also benefit from three years of tax-free earnings. A programme targetting up to 300 vacant properties in the hands of the state will offer them up for affordable housing development by the private
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