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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
EconomyBankingNational Bank of Greece (NBG) reported a profit after tax of 701 million euros in H1, compared to a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY). Attributable profit was 697 million euros, compared to 670 million euros in 2024, a 4 percent annual rise. P&L Net
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CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
EconomyMacroeconomywith a drop of 1.1 percent YoY. After moderating for nearly three quarters below the headline CPI
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Mining drives growth of 0.5 pct YoY in industrial production for June
EconomyMacroeconomyin manufacturing, and a 16.2 percent increase in mining, partially offset by a 3 percent drop in water
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Industrial turnover stable in June after marginal 0.1 pct YoY rise
EconomyMacroeconomyby 0.8 percent, from a 0.4 percent drop in the previous period. Manufacturing revenue dropped by 0.1
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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded a minor contraction in July, with a drop of 0.5 percent year-on-year (YoY), after an increase of 1.6 percent in June, ELSTAT data showed on Friday. This is the first contraction of the year, following six consecutive positive readings. The index had
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Seasonal factors take unemployment rate to 8.6 pct in Q2 - lowest since 2008
EconomyMacroeconomydrop by 12 percent compared to the same quarter of 2024. The number of people employed amounted
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Jobs in education lead negative hiring balance of 20,728 in July
EconomyMacroeconomyGreece’s employment balance was negative in July with 20,728 more departures then hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in July last year had 34,979 more departures. This led to a year-on-year drop of 14,250 fewer departures. However
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
EconomyMacroeconomymovements in Q1 were led by a drop of 0.1 percent QoQ in final consumption. Investments increased
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Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
EconomyMacroeconomy, while those from non-EU countries had a drop of 10 percent. Exports to EU countries rose by 0.9
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Mitsotakis delivers major tax-cut package as he seeks to stay course for another term
PoliticsGreek Politicsannounced by the PM: A universal 2-point drop in income tax (excluding the 9% introductory bracket
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