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  1. Mitsotakis has ground to cover after election disappointment as progressives ponder future
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    . Government officials stress that the authorities have taken steps since last year’s record fires to strengthen the fire service. Among other things, there are 700 more firefighters available this year... should hold a leadership vote more than a year ahead of schedule, as some prominent centre-left figures

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  2. Producer prices down by 1.4 pct YoY in May, headed by energy
    Image: https://flic.kr/p/nvyL2P

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in May, dropping by 1.4 percent year-on-year (YoY), after falling by 1 percent in April, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned negative in March last year and has

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  3. Receipts and arrivals rise in May, but spending per trip down by 12.2 pct
    Image: MacroPolis

    EconomyMacroeconomy

    in 2023, up 6.8 percent year-on-year. Travel payments rose by 38.5 percent to 285.8 million euros... with 544.7 euros a year earlier. Receipts from the EU27 were 2.1 billion euros, while eurozone... million in the same period last year.

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  4. Led by energy, producer prices drop by 0.7 pct YoY in June
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in June, dropping by 0.7 percent year-on-year (YoY), after falling by 1.4 percent in May, 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

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  5. Late Easter helps retail sales rise by 14.3 pct YoY in May
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales jumped in May with a 14.3 percent year-on-year (YoY) rise, after an 1.3.... The corresponding volume index also recorded a solid increase of 10.5 percent YoY. May this year was favoured by the celebration of Easter later this year, as it usually falls in April. On a monthly basis

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  6. Eurobank NII jumps 8.6 pct to 1.13 bln in H1, fees income also up to 282.7 mln
    Image via www.eurobank.gr

    EconomyBanking

    of 598.5 million euros last year, a rise of 22.2 percent. Core pre-provision income (PPI) rose by 10.2 percent year-on-year (YoY) in H1 to 957.6 million euros, from 869.2 million euros in 2023. Asset... is 9.3 cents/share and 30 pct of the 2023 profits. This is expected to rise to 40 pct of this year

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  7. NBG NII jumps 13 pct YoY in H1 to 1.19 bln, net profit up 27 pct to 646 mln
    Photo by MacroPolis

    EconomyBanking

    year-on-year (YoY). Attributable profit was 670 million euros, compared to 530 million euros in 2023... PPI was 1.04 billion euros in H1 vs. 887 million euros last year. Asset quality NPEs were stable... 18.3 percent last year.

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  8. Megafire surges into Athens suburbs, posing major challenge for PM
    Image: MacroPolis

    PoliticsGreek Politics

    that are normal for this time of year, was that the fire reached fully built-up areas in the capital’s... recorded at 96,000 hectares in Evros, northeastern Greece, last year and one which ripped through... in power, including last year’s floods and snow blizzards during previous years. SYRIZA leader Stefanos

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  9. Energy leads import price jump of 4.4 pct YoY in June
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s import price index accelerated further in June, rising by 4.4 percent year-on-year (YoY... Authority (ELSTAT) on Wednesday. The index recorded more than one year of consecutive negative readings, however, import prices are now on the rise since March this year.. The index peaked in April 2022

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  10. PM banks on restoration and compensation healing Attica fire wounds

    PoliticsGreek Politics

    to 760 million euros this year from 580 million last year. Another 600 million has been set aside... about the government’s competence, which was its strong card in the initial stages of its first year... for the slow pace at which financial aid for those affected by last year’s flooding is being handed

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