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Jan sees sharp drop of 5.24 bln in deposits, led by corporations
EconomyMacroeconomyThe net private sector deposits in the Greek banking system contracted significantly in January with a drop of 5.24 billion euros, after a 6.38 billion euros jump in December, based on the latest Bank of Greece (BoG) figures released on Tuesday. The annual growth in January was 2.7 percent year
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Building activity slows in Nov as permits contract by 1.2 pct YoY
EconomyMacroeconomypermits, most permits were in Attica with 5,459. The European Commission’s latest business sentiment
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Retail sales recorded 3.7 pct rise in 2023, but volume dropped by 3.3 pct
EconomyMacroeconomyrise in foods and non-food up by 2.2 percent. According to the latest business indicators
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Unemployment rate climbs back above 10 pct in Jan
EconomyMacroeconomythe rate in the 25-74 years bracket was 9.7 percent. The latest available data from the Labour
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Newsletter 414 - 01/03/2024
a prominent role in this equation. Even in the latest round of opinion polls published this week, the issue
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Parties gear up for vote on bill permitting private universities
PoliticsGreek PoliticsThis Friday’s vote in Parliament on the government’s university reform bill provides the main political showpiece of the week as it is the latest issue over which the government and the opposition disagree. The proposal to allow foreign universities to set up branches in Greece, thereby bypassing
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politics. This is the latest government initiative to have caused trouble for Androulakis after the marriage
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Industrial production grows by 10.3 pct in Jan, boosted by electricity supply
EconomyMacroeconomylatest business surveys for February, industry confidence remained in negative territory to -4.4
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Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomyThe signs that the Greek economy has been slowing were evident in previous GDP releases for 2023, as minor movements were recorded during the year and, after the latest revision, the first quarterly drop was seen in Q3. There was a minor 0.1 pct contraction, not seen since Q2 2020 when the pandemic
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Mitsotakis hits back on multiple fronts as SYRIZA sets out its economic pledges
PoliticsGreek Politicsto the European Parliament elections. The latest sounding carried out by Interview for Politic found ND
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