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  1. Poverty declined in 2018, births continued to lag behind deaths
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    for the first time in 2012 and have been on the rise ever since. In 2018, the latest year for which data... year. The figure in 2008 at the start of the crisis was 16.4 percent. The next largest expense... percent year-on-year to 12,258 offences, while minor misdemeanors decreased by 5.4 percent to 198,014

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  2. Greece gears up to secure slice of smaller tourism pie this summer
    Photo by Yiannis Drakoulidis/Fosphotos

    PoliticsGreek Politics

    of Covid-19 this year. Publicly, New Democracy is exhibiting an air of confidence about the possibility... below half of what they were last year. Despite ND’s optimistic stance and the much-publicised re... that “this summer will not be like last year and the two should not be compared.” “Whatever we gain

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  3. Industrial turnover drops by 9.3 pct in March
    Image via www.titan.gr

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 9.3 percent year-on-year (YoY) in March compared to a drop of 2.4 percent in February, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed.... Year-on-year, industry confidence has fallen by 4.7 points. Industry confidence is currently

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  4. PMI rises to 41.1 points in May but manufacturer pessimism persists
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    , as expectations of lower production over the next year also partially drove workforce numbers down... contraction in the second quarter, with 2020 also set to see a year-on-year decrease of 7.8 percent. Production is expected to pick up later in the year, though domestic demand will remain subdued.

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  5. April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) decreased by 9.9 percent year-on-year (YoY) in April following a slightly downward revised increase of 0.4 percent in March, Hellenic Statistical Authority... month-on-month to stand at -15.4 points. Year-on-year, industry confidence has fallen by 15.2 points

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  6. Parties jostle over economic data, public still backs ND approach on pandemic
    Photo by MacroPolis

    PoliticsGreek Politics

    The publication of preliminary GDP data for the first quarter of the year has sparked a war... of the year had not been as bad as many experts feared. “It is a collective national success... months of the year. SYRIZA officials, however, argued that the government was using the coronavirus

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  7. OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    percent in 2021. If there is a second virus outbreak later in the year, Greece’s GDP is forecast to fall by 9.8 percent this year. However, the decline in output, job losses and budgetary costs... and firms’ liquidity put in place this year should be continued as needed. The ECB’s decision to include

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  8. Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) of the year, decreasing from a rate of 16.8 percent noted in Q4, Hellenic Statistical Authority... activities (+16,200). The three sectors displaying the biggest year-on-year (YoY) declines in hires... unemployed (over 1 year) fell by 41,100 in Q1 compared to Q4 and came to 525,300. Out of the total, long

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  9. Industrial turnover drops by 35.4 pct in April, hitting series low
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 35.4 percent year-on-year (YoY) in April compared to a drop of 9.3 percent in March, Hellenic Statistical Authority (ELSTAT) data published on Friday showed... at -15.4 points. Year-on-year, industry confidence has fallen by 15.2 points. It is currently

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  10. PMI rises to 49.4 points in June as manufacturing resumes
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    , but this was at drastically lower rates than that seen at the start of the year. New export orders also fell marginally... of customers and the reopening of wider markets led to a slowing of the conditions seen earlier in the year... over the next year. 2020 will remain challenging, however, as industrial production is forecast

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