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PM hits back at labour reform critics, defends 13-hour working days
PoliticsGreek Politics, the underlying data in the survey suggests that some of the support for the ruling conservatives is shaky
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Current account deficit improves significantly, reaching 6.62 bln up to Aug
EconomyMacroeconomyGreece’s current account recorded a surplus of 1.1 billion euros in August, from a surplus of 938.4 million euros in July, Bank of Greece (BoG) data released on Tuesday showed. In August 2024, the balance showed a surplus of 313.5 million euros. The Bank of Greece notes that this is mainly due
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total
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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
EconomyMacroeconomyGreece's travel balance recorded a surplus of 4.15 billion euros in August, compared to 4.18 billion euros in July, according to data released by the Bank of Greece (BoG) on Wednesday. The August balance was 8.4 percent higher than the 3.83 billion euros recorded in August 2024. Receipts
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Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 9.45 billion euros up to September, compared to a surplus of 8.76 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. In the period, the primary balance
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Despite recovery in previous three months, building permits down 9.9 pct YoY to July
EconomyMacroeconomyBuilding activity growth was solid in July, with a rise of 12.2 percent year-on-year, after an increase of 6.1 percent YoY seen in June, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday. The total number of permits issued in July reached 3,144, from 2,792 in July
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Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1 percent year-on-year (YoY), after a decrease of 1.1 percent in August, ELSTAT data showed on Thursday. This was the third decline of the year, following six consecutive positive readings. The index had
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Post Office branch closures spark internal revolt in ND as voter scepticism grows
PoliticsGreek Politicswith the move, while 39% expressed support. The data suggests that while New Democracy retains a lead, it faces
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Hiring balance turns negative in Sep on as tourism season winds down
EconomyMacroeconomyGreece’s employment balance was negative in September with 9,196 more departures than hires, according to data from the Labour Ministry’s ERGANI information system. The hiring balance in September last year was positive with 3,596 more hires. This led to a year-on-year deterioration with 12,792
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ELTA CEO resignation fails to stem political fallout from post office closures
PoliticsGreek Politicsas investments in data centres and shipping. The gathering will underline the growing closeness
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