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Energy crisis puts squeeze on Greek fiscal policy
Agorais fully aware of the latest ELSTAT data on living conditions, released this week, which show
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Jan current account deficit at 1.29 bln, goods and services balances improve
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.29 billion euros in January, from 3.86 billion euros in December, Bank of Greece (BoG) data released on Monday showed. In January 2025, the balance showed a deficit of 873.4 million euros. The Bank of Greece notes that this is mainly due
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Strong travel receipts in Jan, balance up 157.6 pct YoY
EconomyMacroeconomyGreece's travel balance recorded a surplus of 234 million euros in January, compared to 313.2 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. The January balance was 157.6 percent higher than the 90.8 million euros recorded in January 2025. Receipts
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New Left leader quits as progressives continue to search for coherence
PoliticsGreek PoliticsAlexis Haritsis’s departure from the leadership of small leftist party New Left crystallises a strategic divide that has been simmering across the Greek centre‑left for more than a year. It arrives at a moment when new polling data underscores the scale of the challenge facing all progressive
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Significant underspend and tame taxes lead to primary surplus of 2.99 bln in Feb
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.99 billion euros for February 2026, compared to a surplus of 2.8 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Thursday. The primary balance up to February was 1.03 billion
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Newsletter 500 - 27/03/2026
the deterioration in citizens’ purchasing power since 2022. It was reported this week that, based on data
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Building activity moderated in Dec, dropped by 2.6 pct in 2025
EconomyMacroeconomyBuilding activity moderated in December, with a rise of 0.9 percent year-on-year, after an increase of 9.9 percent YoY seen in November, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in December reached 2,955, from 2,929
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Greece braces for price shockwaves from Iran amid weakening purchasing power
EconomyMacroeconomylast week that, based on data from the first two months of the year and before the outbreak of the war
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PPI drop moderates to 1.7 pct YoY in Feb, driven by energy
EconomyMacroeconomyGreece’s Producer Price Index (PPI) moderated its drop in February to 1.7 percent year-on-year (YoY), after a decrease of 3.7 percent in the previous month, ELSTAT data showed on Monday. The index was in contraction for five months in 2025, mostly in the second part of the year, with annual drops
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PMI stable in March as war starts affecting business and confidence
EconomyMacroeconomyGreece’s manufacturing PMI was stable in March at 54.5 points, from 54.4 points in the previous month, S&P Global data showed on Wednesday. The headline index rose due to significantly longer supplier lead times caused by the Middle East war-related logistics disruptions. However, PMI was weighed
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