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Building permits drop by 14.4 pct in March
EconomyMacroeconomyto the tourism industry and short-term lettings. In addition, the latest confidence indicator for May released
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgrammeon May 26 would have a fiscal impact of 1.1 to 1.4 percent of GDP, around double the Greek estimate
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Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek Politicsthe first hirings (1,500 people) would be made in the police force, adding that the 1:5 ratio may
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Turnover in services sector improves slightly in Q1 2019
EconomyMacroeconomy) and legal and accounting activities (+29.9 percent). The latest services confidence indicator for May
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Tsakalotos douses talk of Tsipras facing post-election leadership challenge
PoliticsGreek Politicsof this process. Of course, if SYRIZA performs worse than expected, the dynamic may change. Tsipras might be seen
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Mitsotakis steps up pressure on voters to avoid July 7 letdown
PoliticsGreek PoliticsOpposition leader Kyriakos Mitsotakis has increased the pressure on voters to back his party on July 7, warning that if there is not a clear outcome, a second vote may have to be held in mid-August, spoiling Greeks’ holidays. Mitsotakis’s comment is the latest attempt by New Democracy to underline
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Consumer confidence at highest since January, economic sentiment stable
EconomyMacroeconomyfrom -53.6 in May. Compared to the same month last year, construction confidence has fallen by 7.7
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PMI falls to 52.4 in June while industry optimism holds steady
EconomyMacroeconomyGreece’s manufacturing PMI fell to 52.4 points in June from 54.2 points in May, according to the latest data from Markit PMI. After a rapid uptick in recent months, June’s reading signals the lowest reading since November 2017. The main impact on the headline figure came from a slower rise in new
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Mitsotakis earns space to govern with big win, Tsipras limits damage
PoliticsGreek Politicsof the night after he narrowly missed out on electing an MEP in May with 2.99 percent of the vote. Given
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The main economic challenges that will define the Mitsotakis reign
Agorathe outgoing SYRIZA government implemented in May will lead to Greece missing its fiscal target
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