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EC reports highlight tight fiscal path and economic challenges
EconomyMacroeconomysustainability analysis monitored by the Commission, with the latest assessment in the report unchanged from
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Building activity down 15.2 pct in Feb for sharpest drop since 2020
EconomyMacroeconomyis up by 0.8 percent while volume is also higher by 3.6 percent. The European Commission’s latest
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ND aims to see off threat from right, with focus on fringe religious party
PoliticsGreek Politics, ND strategists appear to have been blindsided by this latest development. The party’s share
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Private sector deposits almost unchanged in Apr, household savings up by 1.13 bln
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system was essentially unchanged in April, falling by just 15 million euros, after a rise of 2.32 billion euros in March, based on the latest Bank of Greece (BoG) figures released on Tuesday. The annual growth in April was 3.7 percent
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March sees first retail sales fall for two years, volumes show consumption diving
EconomyMacroeconomyand non-food up by just 0.1 percent. According to the latest business indicators for May, consumer
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Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
EconomyMacroeconomy. The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment
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Tax policy propelled to top of agenda for second elections
PoliticsGreek Politicscrisis. This was the latest in a series of statements by PASOK candidates that ND has seized
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Opinion poll offers Mitsotakis encouragement in quest for majority
PoliticsGreek PoliticsThe latest opinion poll to be published since the May 21 elections has provided New Democracy with further encouragement that it is on the right track and that a parliamentary majority is in sight on June 25. According to the Metron Analysis survey for Mega TV, 35.8 pct of respondents intend
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OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
EconomyMacroeconomyThe OECD has become the latest international organisation to incorporate the more positive outlook for the Greek economy into its projections, revising upwards its growth forecast for 2023, to 1.6 pct, from 1.1 pct in the January estimate. Next year’s estimate is moderately revised down to 1.6 pct
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Industrial production rises by 4.2 pct in April thanks to growth in electricity supply
EconomyMacroeconomy, partially offset by 7.2 percent in electricity supply. According to the European Commission’s latest
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