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PM tries to steer agenda back to reforms as OPEKEPE scandal rumbles on
PoliticsGreek Politics, an overhaul of consumer protection legislation and the digitisation of company data. The previous day
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Government's foreign policy under scrutiny again following actions by Egypt and Turkey
PoliticsGreek Politicsof regional data routes. Yet Turkey’s intervention raises questions about the project’s future viability
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CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated further in July with a rise of 3.1 percent year-on-year (YoY), from 2.8 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was stable
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Car market still buoyant as sales rise by 2.8 pct YoY in July
EconomyMacroeconomyVehicles going into circulation for the first time rose by 2.8 percent year-on-year (YoY) in July, after an increase of 13.4 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In July 2024, licences had increased by 13.8 percent annually. Car sales
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Energy continues to drive import price drop as June records 4.7 pct YoY fall
EconomyMacroeconomyGreece’s import price index remained in contraction in June, with a drop of 4.7 percent year-on-year (YoY), after a 4.2 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The index has now been in contraction for five
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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicscould be slightly bigger. As Naftemporiki points out, when the final fiscal and macroeconomic data
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Significantly contained spending pushes July primary surplus 4.36 bln above target
EconomyMacroeconomyThe budget primary balance produced a surplus of 7.96 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 4.36 billion euros above the target. Expenditure, excluding interest payments
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PM gives ESY clean bill of health, prompting opposition backlash
PoliticsGreek Politicsby the government. Key indicators Official Eurostat and OECD data underscore this political clash. Public
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Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.19 billion euros in June, from a surplus of 196.5 million euros in May, Bank of Greece (BoG) data released on Wednesday showed. In June 2024, the balance showed a surplus of 265.7 million euros. The Bank of Greece notes that this is due
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Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
EconomyMacroeconomyGreece's travel balance recorded a surplus of 2.98 billion euros in June, compared to 1.88 billion euros in May, according to data released by the Bank of Greece (BoG) on Thursday. The June balance was 6.9 percent higher than the 2.79 billion euros recorded in June 2024. Receipts for the month were
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