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Manufacturing drives industrial production increase of 6.8 pct YoY in Sep
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) resumed growth in September with a jump of 6.8 percent year-on-year (YoY) drop, after a drop of 2.8 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. Month-on-month (MoM), the seasonally adjusted
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Lending to corporates drives credit drop of 6.8 pct YoY in Apr
EconomyMacroeconomyCredit expansion in the Greek private sector remained strong in April, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed. The net lending flow was negative by 1.22 billion euros after an inflow of 2.41 billion
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyto state guarantees to gg (16.6 billion) and non-gg (6.8 billion) entities....The Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry
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Retail sales recorded 3.7 pct rise in 2023, but volume dropped by 3.3 pct
EconomyMacroeconomyof 12.3 percent in 2022. Volumes in 2023 dropped by 3.3 percent in 2023. Retail sales had been growing... percent. The inflationary effects are reflected in volumes, with fuels up by 3.3 percent, a 5.4 percent
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Car sales remain strong, rising by 3.3% YoY up to May
EconomyMacroeconomyby 5.9 percent YoY. Passenger cars rose by 3.3 percent, with the absolute figure standing at 23,851..., road motor cars rose by 3.3 percent annually. Passenger cars were up by 2.3 percent, lorries
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Turkey closes borders, Greece keeps up pressure
PoliticsForeign Policyin Libya. Dendias reportedly briefed Raab on the Greek positions and “on the dangers that are being created... issues the Ministers also talked about ways to restrict the spread of corona virus. New challenges
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April primary surplus beats target thanks to improved taxes and contained spending
EconomyMacroeconomyrespectively. Interest payments came to 3.3 billion euros, above target by 94 million, and in line... 884 million euros from the RRF this year.
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
EconomyMacroeconomyfor defence programs and transfers to general government bodies. Interest payments came to 3.3... euros. It has also received a new tranche from the RRF of 884 million euros.
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Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
EconomyMacroeconomyThe turnover of Greece’s retail trade index dropped for the fourth straight month in February, when it fell by 3.3 percent in February from an upward revised 1.8 percent decrease in January, according to the Hellenic Statistical Agency (ELSTAT). The February headline figure is the ninth negative
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell for the sixth straight month in April at an accelerating pace of 3.3 percent from a downward revised 0.6 percent in March, according to the Hellenic Statistical Agency (ELSTAT). The April headline figure is the highest drop since December 2014
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