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Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
EconomyBankingThe latest divestment from the banking sector by the Greek state was completed on Thursday when... the international and the Greek book, with the Greek book oversubscribed by a more modest 1.5x. The price... of confidence by the investor community in the Greek economy, and by extension its own performance
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Newsletter 440 - 08/11/2024
PoliticsTrump victory reverberates through Greek politicsThe geopolitical and economic impact... of its potential effect on Greek politics were already evident this week in the wake of the decisive... with the Greek President Ekaterini Sakellaropoulou on Tuesday, Mitsotakis opted to hedge his bets
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Newsletter 441 - 15/11/2024
, a development which could turn Greek politics back into a two-horse race. The leftist party’s... to the fringes of Greek politics. A new sounding by Opinion Poll for Action24 shows PASOK surging... with 6.6 pct, behind ultranationalists Greek Solution with 9.7 pct, and Communist Party KKE
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Newsletter 453 - 28/02/2025
to 24 pct of voting intentions, from 25.5 pct in January. PASOK stays steady with 13 pct, while Greek..., while PASOK has fallen to 15 pct from 16 pct. Greek Solution has picked up 3 ppts to rise to 11... in January. Greek Solution is third on 8.7 pct, together with the Communist Party (KKE
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Newsletter 483 - 07/11/2025
latest data released by ELSTAT on the demography of Greek businesses for the year 2023 captures the idiosyncrasies of Greek entrepreneurship and adds valuable insight to the debate about Greek competitiveness and the efforts to boost long-term growth potential. The typical Greek business has
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Athens calibrates domestic and diplomatic response to Iran war as tension with Turkey resurfaces
PoliticsGreek PoliticsGreece has moved into a more complex and volatile phase of the Iran crisis. The Greek government is facing multi‑front challenge touching defence, diplomacy, domestic security, the economy and Greek... from a Greek foreign minister, and perhaps a sign of how exposed Athens feels. Economic anxieties
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Travel balance more than double in Feb as arrivals increase by 24.6 pct
EconomyMacroeconomyalso increased by 1 percent and came to 166.7 million. Foreign arrivals increased by 24.6 percent... from Russia declined by 42.5 percent to 4,900. In total, arrivals from the EU 27 countries rose... period, versus 367.10 euros for the same period last year. On an aggregate basis, arrivals from
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Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
EconomyMacroeconomyflows to airports and a 8.7 percent increase in visitors by road. Figures released by the Greek Tourism Confederation (SETE) showed international arrivals at the main airports rose by 5.3 percent... projections, foreign arrivals were estimated to rise by 1.2 million or by 4.8 percent to 26 million in 2017
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Turnover in tourism grows by 10.9 pct in Q1
EconomyMacroeconomyand 9.1 million euros, respectively. The most recent figures released by the Greek Tourism Confederation (SETE) showed international arrivals at the main airports rose by 24.9 percent in February... in foreign arrivals. Average expenditure per trip rose by 1.3 percent to 306.1 euros compared to 302.1
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Travel balance records 127 mln surplus in Q1, much improved on last year
EconomyMacroeconomyby the Greek Tourism Confederation (SETE) showed international arrivals at the main airports rose by 30.3... percent to 101,200. Overall, cruise ship arrivals were down drastically (-55.4 percent) to 41... figures showed that arrivals in the aggregate period came to 27.2 million visitors, meaning
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