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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
EconomyMacroeconomyGreece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked growth of 7.4 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index also had a significant drop of 5.6 percent YoY, from a 7.4 percent jump
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Newsletter 291 - 02/04/2021
index improved by 4.4 points month-on-month to -18.2 points. Year-on-year, the service confidence... in the form of grants, 6 billion euros will be given over to the Green Transition – one of four pillars... – one of four pillars of the plan. been earmarked to receive 1.1 billion euros of the EU grants
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Newsletter 495 - 20/02/2026
to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void... the pillars of the US vision for the strategic relationship, including energy, defence and shipping
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankingof 2015 and 4.4 billion in 2016) in the last 18 months. The rise in deposits mostly stems from non... of 305 million was almost double that of corporates, while in the July 2015 – December 2016 period
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Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
EconomyMacroeconomyand beat their target by 616 million. This was driven mostly by an increase of 4.4 percent... percent to 35.26 billion, lower than the target by 305 million. The MoF noted that the movement
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Newsletter 231 -06/12/2019
reaching an agreement with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal...-digit lead over SYRIZA, before the government starts to suffer the wear and tear of office. Some party
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PM hopes energy, US deals offer political lifeline as Samaras drags him towards domestic mire
PoliticsGreek Politicsas a strategic counterweight to domestic wear and tear. With rising social pressure over cost... for cooperation across seven pillars of the global technology supply chain — from semiconductors and AI
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Newsletter 505 - 22/05/2026
understand Greek concerns about Turkey’s revisionist rhetoric, instability in Libya and migration flows... the world is uncertain. The government’s roadmap to 2027 rests on three pillars: broader prosperity
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policyand the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingstock of Deferred Tax Assets (DTAs) of 4.4 billion with the bulk of it qualifying as CET1 capital.... scenario of the stress test. The bank's capital plan has three key pillars aiming to cover total
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