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Kasselakis offers more hints of a positive narrative for SYRIZA's post-Tsipras era
PoliticsGreek PoliticsSeveral months after his surprise election to the leadership of SYRIZA, Stefanos Kasselakis has started sketching out the first lines that will distinguish his era from that of party founder Alexis Tsipras. Buoyed by encouraging signs from recent polls ...
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Mitsotakis hints at post-election policy tweaks to address economic concerns
PoliticsGreek PoliticsWith the cost of living and the economy dominating much of the public debate in the run-up to next week’s EP elections, Prime Minister Kyriakos Mitsotakis has started to sketch out several specific interventions that the government is mulling for after ...
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Budget exudes fiscal stability, but hints at political complications
EconomyMacroeconomyLast week’s five-day debate on the 2025 budget concluded on Sunday without any complications for the government, and the economic plan is certainly in line with the Greek authorities’ narrative that stabilising the economy is one of the current administ...
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
EconomyS&P on Friday reaffirmed Greece’s sovereign credit rating at ‘BBB’ with a stable outlook, citing confidence in the country’s fiscal discipline, solid economic growth, and an improving banking sector. In April, S&P was among the agencies that advanced Gr...
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Drop ‘til you shop
Agoraby a new law allowing stores in 10 areas of Greece to open every Sunday. Unions representing store owners... economy benefit from the extra trade. Stores, for instance, hire extra staff to cater for customers..., though, the Greek experience appears to be different. Only 6 percent of 227 retail stores in Athens
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Retail sales rise in July for second straight month - not seen since 2010
EconomyMacroeconomy) and retail sales not in stores (+10.3 percent) followed by clothing and footwear (+8.2 percent). In contrast... equipment (-3.5 percent) and department stores (-1.4 percent), recorded a negative reading in July... and footwear posted the highest growth MoM in terms of volume (+25.5 percent). Department stores (+13.9
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Greek retail turnover advanced for the third straight month, 4.5 pct in August
EconomyMacroeconomyposted a drop in August, namely department stores (-8.6 percent) and furniture, electrical and household... stores (down 10.5 percent) and books, stationery and other goods (down 10.1 percent). ELSTAT also... percent, while volume rose by 2.4 percent. One sector, department stores (-10.8 percent), exhibited
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Greek retail turnover index down 1.6 pct in November
EconomyMacroeconomy), followed by department stores (-7.8 percent) and automotive fuel as well as furniture and electrical... not in stores exhibited the highest rise (+8.5 percent) with books, stationery and other goods (+2.4... percent). On the flipside, books, stationery and other goods as well as department stores posted a MoM
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Rare rebound for retail trade with 2.5 pct rise in May
EconomyMacroeconomypercent), department stores (-1.7 percent) and automotive fuel (-1 percent). In contrast, retail sale not in stores soared by 33.4 percent, followed by books, stationery and other goods (+7.1 percent... by automotive fuel (+2.3 percent), department stores (+2.2 percent) and retail sale not in stores (+1.6
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Retail sales drop at a faster pace of 5.5 pct in Nov
EconomyMacroeconomynot in stores (-24.8 percent) and automotive fuel (-14.9 percent). Marked drops were also posted in department stores (-7.1 percent), supermarkets (-6.3 percent) and furniture, electrical and household equipment... MoM drops were recorded in retail sale not in stores (-9.4 percent), supermarkets (-8.1 percent
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