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Unemployment rate climbs back above 10 pct in Jan
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed above 10 percent in January, landing at 10.4 percent, Hellenic Statistical Authority (ELSTAT) data showed on Friday. December’s unemployment rate was an upwards revised 10.4 percent, from 9.2 pe...
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Mitsotakis hits back on multiple fronts as SYRIZA sets out its economic pledges
PoliticsGreek PoliticsThere is no prospect of an Easter handout this year according to Prime Minister Kyriakos Mitsotakis, who said the government would focus instead on increasing earnings. Mitsotakis set out his spending plans for the health system, while opposition leader...
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Retail sales back in contraction for Jan, as volumes fall by 8.9 pct
EconomyMacroeconomyGreece’s retail sales went into contraction in January, with a drop of 2.3 percent year-on-year (YoY), after upwards revised growth of 7.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index...
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Athens wildfire puts government on back foot after efforts to improve prevention, response
PoliticsGreek PoliticsA large wildfire near Athens has forced Prime Minister Kyriakos Mitsotakis to cut short his summer break and return to the capital, hoping that the blaze is contained and does not deliver another blow to his government following New Democracy’s shaky pe...
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Mitsotakis hits back at criticism from far right
PoliticsGreek PoliticsIn line with the government’s recent strategy of facing up to any criticism coming from the right of the political spectrum, Prime Minister Kyriakos Mitsotakis has responded to complaints about his stance on migration and foreign policy. Speaking from B...
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Government preparing U-turn on controversial tax measure in bid to win back self-employed
PoliticsGreek PoliticsThe Finance Ministry is believed to be paving the way to repeal an unpopular tax measure widely blamed for losing New Democracy support among self-employed earners. Among the tax reforms included in the government’s plans is the prospect of abolishing t...
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PM puts tax cuts front and centre in bid to win back voters
PoliticsGreek PoliticsReducing taxes over the remaining years of his premiership is becoming one of Prime Minister Kyriakos Mitsotakis’s main policy goals, it appears. In his regular Sunday Facebook post, in which the premier shares his thoughts about the government’s aims a...
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Producer prices down by 2.3 YoY in Oct on back of fuel drop, rise in other categories
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in October, dropping by 2.3 percent year-on-year (YoY), after a decline of 4.5 percent in September, ELSTAT data showed on Wednesday. With the exception of July this year, which provided the fi...
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Opposition parties bring Tempe issue back to Parliament after mass protests
PoliticsGreek PoliticsThe government has agreed to a parliamentary debate on the Tempe train crash following demands for a discussion from opposition parties, which were prompted by the size and range of protests held by citizens across Greece on Sunday. SYRIZA, New Left and...
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ND hits back at Tempe accusations as opposition seeks to keep up pressure
PoliticsGreek PoliticsAfter coming under intense pressure over the Tempe train crash during the last few days, the government is trying to turn the tables on the opposition by accusing PASOK and others of seeking to make political profit from the simmering public anger about...
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