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  1. S&P ups outlook to positive, leaves rating at 'BBB-'
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    S&P published the latest credit rating review for Greece, where the rating was left unchanged at ‘BBB-‘, while the outlook was upgraded from stable to positive. S&P had granted the investment grade to GGBs in October last year, followed by Fitch in December. The positive outlook reflects

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  2. Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach

    EconomyMacroeconomy

    primary surpluses in the coming period. The latest data for 2023 shows that the general government

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  3. Newsletter 422 - 26/04/2024

    Newsletters

    to sustain over a period of decades. On economic performance, the IOBE think-tank was the latest

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  4. Building permits start year strongly with 15.1 pct rise in Jan
    Image: MacroPolis

    EconomyMacroeconomy

    latest business sentiment indicators for March showed that construction confidence remained in positive

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  5. Deposits reverse contraction in Mar with 1.67 bln growth
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system increased in March with a rise of 1.67 billion euros, after a 1.07 billion euros drop in February, based on the latest Bank of Greece (BoG) figures released on Friday. The annual growth in March was 2.6 percent year on year (YoY), from 3

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  6. Athens wary of implications from Erdogan's cancelled trip to Washington
    Photo via https://flic.kr/p/2bRq62x

    PoliticsForeign Policy

    a terrorist organisation. For the Greek side, the latest developments mean that Greek-Turkish relations

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  7. Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb

    EconomyMacroeconomy

    to the latest business indicators for April, consumer confidence also recovered further in April to -41.7

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  8. Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
    Photo by MacroPolis

    EconomyMacroeconomy

    , while the rate in the 25-74 years bracket was 9.6 percent. The latest available data from the Labour

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  9. OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    In its latest economic outlook, the OECD is slightly more optimistic about Greece’s growth prospects, although – like other international organisations – it warns that there is no room for complacency as the economy’s structural challenges need to be addressed and the public spending the economy

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  10. Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar

    EconomyMacroeconomy

    percent, while electricity was up by 6.7 percent. According to the European Commission’s latest business

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