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Strong Q1 for tourism as receipts rise by 64 pct YoY
EconomyMacroeconomyGreece's travel balance recorded a surplus of 409.6 million euros in March, compared to 284.8 million euros in February, according to data released by the Bank of Greece (BoG) on Monday. The March balance was 137.1 percent higher than the 172.8 million ...
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Strong bond reopening virtually completes Greece's debt strategy for 2026
EconomyMacroeconomyOn Wednesday the PDMA successfully completed its second major transaction for the year, essentially executing the entire annual strategy within the first half of 2026, despite geopolitical tensions, and ahead of any policy decisions by the ECB that woul...
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Car sales remain strong, rising by 3.3% YoY up to May
EconomyMacroeconomyVehicles going into circulation for the first time had gains of 4 percent year-on-year (YoY) in May, after a marginal rise of 0.6 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In May 2025, licences had ...
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Puzzling reaction to army reservists' call for government to resign
PoliticsGreek PoliticsAn unusual announcement by a little known army reservists’ group calling for the government to resign prompted an emergency late night meeting of top ministry and judicial officials on Wednesday. There was surprise that the government gave such attention to the statement, which amounted to a demand
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Samaras proposes free wi-fi as crisis antidote for young Greeks
PoliticsGreek PoliticsPrime Minister Antonis Samaras has come up with a surprising proposal to give hope to young Greeks, including those considering leaving the country because of record unemployment: Free wi-fi throughout Greece. Samaras made the unusual suggestion during a rare primetime TV interview on Monday night
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Samaras finger wagging at troika a sign of pressure on Greek government
PoliticsGreek PoliticsPrime Minister Antonis Samaras took the unusual step of criticising the troika on Tuesday, an indication of how frustrated the government feels as it is squeezed between lenders’ demands and domestic political pressures. Among the quotes that stood out during the premier’s speech at a conference
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Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
EconomyBankingIn an unusual move by the standards of the Greek banking sector, Piraeus Bank has announced an agreement with leading global investment firm KKR for the transfer and securitisation of 1.2 billion of non-core assets to a new structure managed and controlled by KKR Credit and serviced by Piraeus
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Voting for brinkmanship while the real economy needs solutions
AgoraAthens’ addiction to partisanship and political drama was yet again on full display during the last days of 2014. The election of the country’s president by parliament through an open roll call may appear unusual for observers from outside Greece. But the outdated electoral procedure through
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Heading for slim election win, SYRIZA tries to secure MPs' loyalty
PoliticsGreek Politicsthe government’s existence. However, SYRIZA took an unusual step a few days ago which could, theoretically
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Newsletter 10 - 09/01/2015
rather unusual for outside observers, given that such programmatic platforms can serve as roadmaps
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