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Trade deficit widens by 28.9 pct in July due to higher oil prices
EconomyMacroeconomyGreece’s trade deficit increased by 28.9 percent year-on-year (YoY) in July according to data from... 3.53 billion euros, an increase of 20.7 percent compared with the same month last year... figure for the first seven months of the year showed that the trade deficit increased by 17.1 percent
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Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
EconomyBankingof the year. It shows the NPE ratio standing at 21.3 pct - a level not seen in several years. Broken... reduction of 23.34 billion euros. The total NPE reduction since the start of the year also stands at 23.31... for another year and half, and banks intend to use it to bring their NPE ratios down to single digits
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Opposition questions true scale of PM's handouts, as speculation grows about snap polls
PoliticsGreek Politicsto exhaust its four-year mandate and is planning with a ten-year horizon, adding that New Democracy... the government to run a deficit for one more year before the anticipated return to tighter targets, and the better-than-expected revenues from this year’s tourism season give ND scope to flex its
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Industrial turnover continues on recovery path with 25.2 pct rise in June
EconomyMacroeconomyGreece’s industrial turnover increased by 25.2 percent year-on-year (YoY), from 22.4 in June, data from the Hellenic Statistical Authority released on Monday showed. This is the latest in a series... month-on-month to stand at 10.5 points. Year-on-year, industry confidence has improved by 26 points
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Athens sees multiple defence, geopolitical benefits in pact with France
PoliticsForeign Policy-made Rafales this year. According to diplomatic sources, the agreement marks the beginning of a new... a five-year term contract with Washington confirming “the powerful framework of bilateral co-operation... explain. The indefinite renewal is lifted if the agreement is terminated by one side-possibly a year
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Retail sales jump 13.3 pct in Jul to extend growth period to four months
EconomyMacroeconomyGreece’s retail sales growth accelerated in July, rising by 13.3 percent year-on-year (YoY), from... points in August. Since the start of the year, consumer confidence has improved by 6.4 points... the start of the year.
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomywith a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF... euros in the aggregate period last year. Thanks to the two sizable revenue items mentioned above... came to 4.38 billion euros, above target by 49 million euros. For the same period last year
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First-wave champion Greece stumbles at vaccine roll-out
Agorawere introduced at the start of the year. Greece, however, has not been able to control the impact... that of Sweden, which famously did not impose a lockdown (Greece spent the first four months of the year under... the Greek state. Tourism boost One of the unexpected developments of the past year has been the surprise
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Government and citizens in Montenegro: Turning a deaf ear to warnings, measures and responsibility
Agorafrom 44 to 35 percent from January to July this year. A higher percentage of those who are vaccine... thousand students and about nine and a half thousand teachers. Before the school year started... research, having in mind the virus has been present for a year and a half. In return, we received orders
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Minister discounts lockdowns, vaccine mandate extension amid Covid surge
PoliticsGreek Politicswas almost a year ago to the day, after which it maintained its deadly lead throughout the month of November... student parties marking the start of the academic year and crowds gathering to celebrate the city’s..., a new record for the fourth wave. While the government insists that this year there will be no Covid
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