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EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
EconomyMacroeconomyThe European Commission published on Friday the latest autumn forecasts that included minor adjustments for the Greek growth outlook from the previous estimate in May. The Commission for 2024 sees growth at 2.1 percent, marginally accelerating to 2.3 percent in 2025 and at 2.2 percent in 2026
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Drop in industrial turnover accelerates to 7.9 pct YoY in Sep as manufacturing falls sharply
EconomyMacroeconomyin the Greek manufacturing sector have been improving since February 2023, with the latest improvement
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Samaras expulsion casts shadow over New Democracy as SYRIZA prepares for leadership polls
PoliticsGreek Politicshimself from this latest initiative; he does, however, have his own faction of supporters in the party who
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PM accepts economic recovery not being felt by all, argues for more time
PoliticsGreek Politicsfor ND at 25.8 pct, with PASOK in second on 17.4, just 8.4 points behind. This is the latest opinion
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Building activity rises by 10.5 pct YoY in Aug, up 19.5 pct in 8M
EconomyMacroeconomygrowth and 1,715 permits, most permits were in Attica with 4,447. The European Commission’s latest
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Mitsotakis moves to quash polls speculation in aftermath of Samaras ouster
PoliticsGreek Politics. This suggests that SYRIZA emerges as the loser out of the latest split, with Kasselakis gaining the most
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Deposits drop by 2.26 bln in Oct to 195.51 bln
EconomyMacroeconomyThe net private sector deposits in the Greek banking system contracted in October with a drop of 2.26 billion euros, after a 2.32-billion-euro rise in September, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in October was 3.3 percent year on year (YoY
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Unemployment rate edges up to 9.8 pct in Oct
EconomyMacroeconomy. The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment
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Retail sales resume growth of 1.7 pct YoY in Sep, volumes drop for three straight months
EconomyMacroeconomyup by 3.2 percent. According to the latest business indicators for November, consumer confidence
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PMI posts moderate drop in Nov, difficulties in supply chain persist
EconomyMacroeconomyGreece’s Manufacturing PMI recorded a moderate drop in November, falling to 50.9 points, from 51.2 points in October, according to S&P Global data released on Monday. The conditions in the Greek manufacturing sector have been improving since February 2023, with the latest figure being the second
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