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Close to 32 mln visitors by Nov as 11-month travel receipts set record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 206.2 million euros in November, from 1.5 billion euros in October, according to Bank of Greece (BoG) data released on Monday. November’s balance was 3.9 percent higher than the 198.5 million euros registere...
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PASOK candidates set out their stalls as SYRIZA sinks further into mire
PoliticsGreek PoliticsThe six candidates vying for the leadership of centre-left PASOK put their cases to the party’s central committee over the weekend as the first round of voting on October 6 approaches. Opinion polls, which pollsters are very guarded about because of the...
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Stage set for censure motion as Parliament votes to review charges against deputy minister
PoliticsGreek PoliticsThe Greek Parliament approved on Tuesday night the formation of a preliminary inquiry into the role of Deputy Civil Protection Minister Christos Triantopoulos over the handling of the Tempe train crash site in the days after the fatal accident two years...
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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyELSTAT published on Tuesday the latest fiscal data for the 2021 to 2024 period, recording a significant primary surplus that was accompanied by an announcement from PM Kyriakos Mitsotakis of a surprise handout package worth 1.1 billion euros in support ...
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PM set on sharing out more economic benefits in bid to recover support
PoliticsGreek PoliticsThe government’s efforts to turn the media and public’s attention away from the Tempe issue, which dominated the agenda during the first quarter of the year, continues with the promise of more voter-friendly measures to come. After announcing 1.1 billio...
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Clarity over fiscal space clears way for next set of relief measures
EconomyMacroeconomyGreece’s fiscal outlook has become clearer along with the ability of the Greek government to implement more voter-friendly policies as it attempts to restore its relations with the electorate. The European Commission last week activated the national esc...
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Housing costs, food prices set limits to impact of tax cuts
EconomyThe Greek government’s efforts to shift the narrative and change its political fortunes are crashing against the realities on the ground as reflected in the frequent data releases from Eurostat and ELSTAT. Months of communications build-up around the Th...
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OPEKEPE, Predator and Ankara tension set tone for post-Easter politics
PoliticsGreek PoliticsA compressed, post‑Easter political week opens in Athens with the government facing simultaneous pressure on two domestic fronts - the OPEKEPE case files and the revived surveillance affair - while also navigating a sharp rhetorical clash with Ankara an...
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Government hopes new affordable homes bill can help alleviate housing pressure
PoliticsGreek Politicsspeculative buying, particularly in central Athens, where entire apartment blocks have been converted... In Thessaloniki, nominal rents for apartments up to 80 sqm reached 10.55 euros per Sqm, surging 17.6
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BoG outlines factors hampering affordability in Greek housing market
EconomyMacroeconomyits upward trajectory, with nominal apartment prices rising by 7.8% year‑on‑year. This increase... for apartments older than five years growing by 8.1%, while those for newer units (up to five years
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