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Led by a sharp drop in food sales, retail contracts by 1.4 pct YoY in Apr
EconomyMacroeconomyGreece’s retail sales resumed the contraction in April with a 1.4 percent year-on-year (YoY) drop, after a strong rebound of 11.1 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index recorded a solid decrease of 6.3 percent YoY. Sales have
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Manufacturing continues to improve, but June PMI weakest of year
EconomyMacroeconomyorders remained strong, reflecting favourable demand conditions, though the rate of increase softened
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Unemployment rate almost unchanged at 10.6 pct in May
EconomyMacroeconomythe Labour Ministry’s Ergani database showed that Greece’s employment balance had another strong month
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Hotel and catering jobs propel May hiring balance to new record
EconomyMacroeconomyGreece’s employment balance had another solid month in May, with 126,660 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in May last year saw 95,951 more hires, a strong year-on-year improvement of 31,069 jobs. May’s balance
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Tough choices ahead for Mitsotakis, as reforms risk irking voters
PoliticsGreek Politicsthree years ahead with a strong majority to implement a roadmap of reforms. At the same time, however
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Cost of living remains public's top worry, as government slashes green transition budget
PoliticsGreek PoliticsThe high cost of living and dissatisfaction with public services and the economy are feeding a pessimistic outlook among Greek voters, who continue to give New Democracy a strong lead over the opposition. The government, meanwhile, has signalled plans to halve the budget for its green transition
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Late Easter helps retail sales rise by 14.3 pct YoY in May
EconomyMacroeconomyby a strong rise of 31.4 percent YoY in department stores, while supermarket sales were also up
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Domestic factors seen playing role in PM's pick for European Commission
PoliticsGreek Politicshealth reform package and the Attica-Pancreta bank merger, both of which passed this week despite strong
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New Himare elections pose fresh challenge for Greek-Albanian relations
PoliticsForeign Policycontinue to satisfy his party’s right wing faction by retaining a strong stance against Albania
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Opposition pledges no let-up on surveillance affair as watchdog joins Supreme Court critics
PoliticsGreek Politicsparties in trying to use parliamentary procedures against a strong New Democracy majority in the two
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