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Government fleshes out priorities, SYRIZA sets dates for leadership vote
PoliticsGreek Politics. It appears that the IAPR will start cross-checking these figures against other data that reveal
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the first half of the year, the budget outperformed
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Spyware probe reveals multiple targets, prompts opposition calls for answers
PoliticsGreek PoliticsThe surveillance scandal, which had become virtually a non-issue in Greek politics over the last few months, is back as a topic of debate after the Data Protection Authority in Athens completed its investigation into the use of Predator spyware and published a summary of its findings on Thursday
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Current account deficit narrows further in May, down by over 3 bln in first five months
EconomyMacroeconomyGreece’s current deficit narrowed to 1.65 billion euros in May, from 1.78 billion euros in April, Bank of Greece (BoG) data showed on Friday. In May 2022, the balance showed a deficit of 2.08 billion euros, while in May 2021 the current account posted a deficit of 1.39 billion euros. The deficit
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Travel balance up to May rises by 30.7 pct as arrivals soar by a third
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.54 billion euros in May, from 498.2 million euros in April, according to Bank of Greece (BoG) data released on Monday. May’s balance was roughly 28 percent higher than the 1.2 billion euros registered in May 2022. The balance in May 2021 was just
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Disposable income rises by 11.3 pct in Q1, saving rate negative for successive quarters
EconomyMacroeconomyHousehold disposable income increased by a solid 11.3 percent year-on-year (YoY) in Q1 this year, from 10.9 percent in Q4 of 2022, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The absolute figure was 35.09 billion euros in Q1, from 31.53 billion euros a year ago
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VAT and income tax drive budget performance in Jun, interest bill above target by 741 mln
EconomyMacroeconomyThe budget primary balance in June was confirmed to be a surplus of 2.12 billion euros, compared to a deficit of 3.43 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In the first half of the year, the budget
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Building activity records modest growth in April, up 10 pct in first four months
EconomyMacroeconomyBuilding permits recorded a modest movement in April, rising by 0.9 percent year-on-year (YoY), after rising by 34.2 percent in March, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. February this year saw the first annual decline in permits since July last
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Minister's resignation deflates government after series of missteps
PoliticsGreek Politicsso the sensitive data was not visible. Momentum lost Just over a month after being comfortably re
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Producer prices for June increase in most categories aside from energy
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the fourth successive month in June, dropping by 11.7 percent year-on-year (YoY), after falling by 12.9 percent in May, ELSTAT data showed on Friday. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually
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