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Deadly factory blast sparks debate on workplace safety
PoliticsGreek Politicsthe government’s critics of sensationalising the argument by using “fake” data and unsubstantiated figures
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Energy drives drop of 2.1 pct YoY in producer prices at close of 2025
EconomyMacroeconomyGreece’s Producer Price Index (PPI) closed last year with a drop of 2.1 percent year-on-year (YoY) in December, after a marginal increase of 0.1 percent in the previous month, ELSTAT data showed on Thursday. The previous month was the first positive reading after four consecutive drops, and six
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Labour market ends 2025 with a positive hiring balance of 77,074 jobs
EconomyMacroeconomyGreece’s employment balance ended 2025 with 14,524 more departures than hires in December, according to data from the Labour Ministry’s ERGANI information system. The hiring balance in December last year was also negative with 14,218 more departures, leading to a minor year-on-year deterioration
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Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
EconomyMacroeconomyThe 2025 annual report by the Labour Ministry, based on the data registered in the ERGANI database, gives the latest snapshot of Greek entrepreneurship, employment, and income profiles for the private sector. The report highlights the main characteristic of Greek businesses, with a stable 87.7 pct
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CPI stable at 2.5 pct YoY in Jan, food up 4.5 pct, rents 8.7 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) was broadly stable at the start of the new year with a rise of 2.5 percent year-on-year (YoY) in January, from 2.6 percent in the previous month, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT). The average CPI
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Drop of 4.1 pct YoY for car sales at start of 2026
EconomyMacroeconomyVehicles going into circulation for the first time had marginal gains of 0.5 percent year-on-year (YoY) in the opening of 2026, after a jump of 18.7 percent in December, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In January 2025, licences had decreased by 7.4
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Sharp drop in oil costs drives 5.4 pct YoY decrease in import prices
EconomyMacroeconomyGreece’s import price index accelerated its contraction with a drop of 5.4 percent year-on-year (YoY) in December, after a 3.3 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index peaked in April 2022 with a 39.1
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Jan primary surplus at 3.5 bln as underspend continues into 2026
EconomyMacroeconomyThe budget primary balance produced a surplus of 3.5 billion euros at the opening month of 2026, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 1.76 billion euros above the target. Expenditure, excluding interest
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 3.86 billion euros in December, from 2.08 billion euros in November, Bank of Greece (BoG) data released on Friday showed. In December 2024, the balance showed a deficit of 3.73 billion euros. The Bank of Greece notes that this is primarily due
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Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln
EconomyMacroeconomyGreece's travel balance recorded a surplus of 313.2 million euros in December, compared to 74.7 million euros in November, according to data released by the Bank of Greece (BoG) on Tuesday. The December balance was 83.5 percent higher than the 74.7 million euros recorded in December 2024. Receipts
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