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  1. PM dismisses possibility of snap elections, sets out vaccine flow
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    elections later this year and has indicated that Greece’s latest lockdown is likely to be relaxed... by Mitsotakis to ANT-1 TV on Tuesday night. “My intention is to see out the four-year term,” said Mitsotakis. “2021 will not be an election year.” He went on to explain that he feels his government

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  2. Car sales drop by 15 pct in December and -24.4 percent in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    on Thursday. In December 2019, the year-on-year change showed a rise of 21 percent. Car sales for the month came to 9,465 compared to 11,129 in December last year. Out of the total, passenger car sales... prefecture. The aggregate figure for the year showed that sales decreased by 24.4 percent. In contrast

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  3. Building permits drop by 4.9 in October
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits fell by 4.9 percent year-on-year (YoY) in October after a strong rise of 29... with 28 permits. During the first ten months of the year, building permits rose by 13.1 percent.... Compared to the same month last year, construction confidence has worsened by 19.8 points.

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  4. Retail sector re-opens as govt examines further support for businesses
    Photo by MacroPolis

    PoliticsGreek Politics

    for businesses that will be rolled out in three stages: One up to April, the second until the end of the year..., stabilisation in the second quarter and strong growth in the second half of the year. The first phase... with the pile of debt and obligations that have accumulated since March last year. The third phase will need

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  5. Industrial turnover drops by 2.9 pct in November
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 2.9 percent year-on-year (YoY) in November compared... for December, industry confidence rose by 2.1 points month-on-month to stand at -10.3 points. Year-on-year, industry confidence has fallen by 12.3 points.

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  6. Greece - On the importance of productivity growth

    Agora

    a year. In the future eight decades (2021-2100) it is expected to decline by 0.3 percent a year... a year on average, with a heavy weight for the earlier years when Greece was rebuilding from WWII... of productivity growth recovering to around 1 percent a year. We also accept this assumption for Greece. [2

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  7. Minister's clash with catering sector highlights pitfalls ahead as pandemic squeezes economy
    Photo by MacroPolis

    PoliticsGreek Politics

    as the coronavirus has knocked the 2021 budget off track after just the first month of the year... relief package for this year. It currently stands at 7.5 billion euros. The newspaper story comes...-euro economic relief package the government had budgeted for this year would not be sufficient. He said

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  8. Building permits drop by 12.4 pct in Nov amid second lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits fell by 12.4 percent year-on-year (YoY) in November after a drop of 4.9 percent... and in the north Aegean, each with 24 permits. During the first 11 months of the year, building... by 18.5 points to -25.5 points. Compared to the same month last year, construction confidence has

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  9. Eight years later: Is Croatia finally truly ready for Europe?

    Agora

    an agreement - until October last year, when it was finally agreed that both parties will try.... A step towards a better future was made last year, with the laying of wreaths by the Croatian state... in mind that in November of last year, Germany was hit by a gigantic scandal whose main protagonist

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  10. Primary cash deficit at €1.6 bln in January
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , according to figures released by the Bank of Greece. The cash balance for the same month last year... billion euros last year. Revenue in January dropped by 677 million euros from last year, coming... was about half the total for all of last year. Earlier this week, the Finance Ministry released its own

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