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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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OECD sees stable growth of 2.2 pct next year and persistent structural challenges
EconomyMacroeconomyThe OECD published on Wednesday the latest economic outlook with the growth estimates for Greece broadly in line with other international organisations and the Finance Ministry’s forecasts. The report also outlines a number of challenges for the economy from the medium-term. GDP is forecast to grow
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Bank tax proposal spearheads PASOK attack on government's economic policy
Economy. Practically, banks would not pay taxes for close to three decades. Their latest results are so impressive
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As bank debate rages, ND's support slips further and PM loses economic adviser
PoliticsGreek Politicshas ruled out an extra tax on these profits. The latest opinion poll by Alco for Alpha TV will have
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PASOK tries to take initiative in budget debate as SYRIZA exodus continues
PoliticsGreek Politicsinitiative. SYRIZA’s response to the latest departure was to paint it as part of a concerted plan to weaken
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Wage index drops by 1.7 pct YoY in Q3 for first decline in two years
EconomyMacroeconomyon the latest revisions, wages had been growing continuously since Q2 2022, with Q3 being the first negative
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Newsletter 445 - 13/12/2024
helped boost the socialist party’s ratings in the opinion polls. The latest opinion poll by Alco
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