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Ionian gas deal strengthens government's aspiration of becoming US energy gateway
PoliticsGreek Politicsgateway for American liquefied natural gas (LNG) into Europe. The agreement grants ExxonMobil a 60 pct..., recently booked capacity to transport US LNG from the Revithoussa terminal to Ukraine via... discussed LNG supply with President Zelenskyy shortly thereafter. The Vertical Corridor’s activation
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August sees third Greek C/A surplus in a row, reaching 1.82 bln
EconomyMacroeconomyan increase of the C/A surplus by 2.2 billion YoY on a comparable basis. The widening of the 8-month C... to the end-July figure. This showed a net inflow of 1.1 billion, while residents’ direct investment.... As a result, the year to date figure turned to a net outflow of 1.1 billion in the 8-month period
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CPI drops at a slower pace of 0.5 pct in October
EconomyMacroeconomydecreases in prices were recorded in clothing and footwear (-2.2 percent), miscellaneous goods... beverages and tobacco increased by 1.5 percent followed by hotels, cafes and restaurants (+1.1 percent... in HICP by 0.1 percent in 2016 and by 1.1 percent in 2017.
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Economic sentiment edges up in March, consumer confidence deteriorates for third straight month
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved by 0.5 points in March following a drop by 2.2 points..., albeit at a slower pace by 1.1 points in March following a decrease of 5.5 points in February. Following... confidence indicator (+1.1 points). On the flipside, the construction confidence indicator has dropped by 3.9
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Newsletter 138
surplus would exceed even the 2.2 percent of GDP recorded in the draft 2018 budget and would allow the government to hand out at least 1.1 billion euros. In contrast to previous Athens reportedly has 71... figure declined by 1.1 percent. The headline figure for the month is the first negative reading
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CPI declines by 0.2 pct in March for year’s second negative reading
EconomyMacroeconomyin March, declining from 0.4 percent in February. The annual average HICP for 2017 was positive by 1.1 percent. March’s decline stems largely from a fall of 2.2 percent in miscellaneous goods and services... as prices return to pre-seasonal sales levels. This was followed by household equipment (+1.1 percent
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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammeexpected to secure growth of 2.2 percent in 2019, well above the 1.2 percent eurozone average... and underspending on the expense side. Most notably, public investment (PIB) was 1.1 percent of GDP... and the clearing of state guarantees for bank loans, at 1.1 percent of GDP over the next five years
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CPI falls by 0.3 pct YoY in April; core index down 1.6 pct
EconomyMacroeconomyfor the last 13 months, with December’s 2.3 percent drop surpassing the previous lowest reading of -2.2... index fell by 1.5 percent YoY. The harmonised index of consumer prices (HICP) fell by 1.1 percent YoY... important contributors were clothing and footwear (-1.1 percent) and household equipment (-1.2
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomya downward revised 1.1 percent in the last quarter of 2022, provisional data from the Hellenic..., published mid-May, the Bank of Greece reiterates its growth outlook of 2.2 pct in 2023, with consumption... sees this year’s growth substantially revised from the 1.1 pct of January, and now it expects the Greek
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Newsletter 465 - 06/06/2025
intent by unveiling €1.1 billion in spending, including €600 million allocated to renters, pensioners... of 1.1 billion euros, with 600 million euros directed at a one-off handout to pensioners and the rebate... by 2.2 pct, from 2.5 pct in Q4 2024. The quarterly movements in Q1 were led by a rise of 1.2 pct QoQ
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