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  1. Greece secures F-35 jets as US tries to appear even-handed following F-16 deal for Turkey
    Image: https://flic.kr/p/VNz1Pv

    PoliticsForeign Policy

    broadcaster ERT that “there should be a long-term, five-year plan for arms procurement programs... to resolve their differences. Talks will continue this year. The Greek Foreign Ministry announced... Greek official to visit Turkey this year will be Deputy Foreign Minister Kostas Fragkogiannis who

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  2. Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
    Image via www.moh.gr

    EconomyMacroeconomy

    by 6.6 percent year-on-year (YoY), after falling sharply by 8.9 percent in November, ELSTAT data showed on Tuesday. The index had been growing over a two-year period since March 2021, before it turned negative in March last year. In January 2021 the index was just under 100 points, and at 136.78

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  3. Rule of law concerns in spotlight again as government focusses on farmers' grievances
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to 49 last year, suggesting that the country is perceived to be less corrupt. However, there has been... saw a decline in their score compared to the previous year and in the 13 pct of EU and Western... in the wake of this year’s report being published. “The only other EU country in this category

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  4. Time running out for Golden Visa as housing problems increase
    Photo by MacroPolis

    Agora

    pct of total investment in the same year. The length of the debt crisis, which did not allow Greece... imminently will reach 22,298. Last year alone, 8,351 applications were submitted and 4,231 were approved, leading to an estimated 2 billion euros of investments. Up to early last year, the eligibility

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  5. Trade deficit drops by 20 pct in 2023 despite contraction of exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 11.3 percent year-on-year (YoY) in December, after... for the full year 2023 showed that the trade deficit decreased by 20 percent, bringing the total... billion euros. For the full year, imports from EU countries were almost unchanged, up by 0.2 percent

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  6. Industrial production concluded 2023 with modest annual growth of 2.2 pct
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) accelerated in December, growing by 4.3 percent year-on-year (YoY), after a 3.2-percent rise in the previous month, according to Hellenic Statistical... the previous month. Since February last year, industry confidence is down by 7 points. In addition, Greece’s

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  7. CPI at 3.1 pct in Jan, foods up by 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    there was a rise of 3.1 pct increase year-on-year (YoY), after an increase of 3.5 pct in December, according..., there are base effects in this year’s CPI. The price index was in deflation for the 12 months prior... April and September last year. The harmonised index of consumer prices (HICP) increased by 3.2 pct

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  8. Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance started the new year strongly with a surplus of 2.12 billion euros... that the overperformance is mainly due to the better performance of the previous year’s income taxes... in the collection of the current year’s taxes, notably VAT. The full revenue breakdown will be provided

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  9. European Commission leaves 2024 growth estimate of 2.3 pct unchanged
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    this year’s budget. The Commission also points to last year’s real GDP growth, which landed at 2.2 pct... to higher import demand for both goods and services. Inflation is also expected to moderate this year, from HICP of 4.2 pct last year to 2.7 pct in 2024 and drop further to 2 pct in 2025.

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  10. Producer prices drop for 11 months straight, down 6.6 pct in Jan

    EconomyMacroeconomy

    by 7 percent year-on-year (YoY), after falling by 6.6 percent in December, ELSTAT data showed on Thursday. The index had been growing over a two-year period since March 2021, before it turned negative in March last year. In January 2023 the index was at 148.42 points, and at 137.96 in January 2024

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