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Trade deficit up by 30.9 pct in June as imports grow faster than exports
EconomyMacroeconomyGreece’s trade deficit jumped by 30.9 percent year-on-year (YoY) in June, reversing the decline of 15.8 percent noted in May according to data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday. The deficit stood at 1.97 billion euros for the month. The headline figure for June
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturesduty, etc) may be due for the foreign investor. Greece’s hotel industry has been voicing concern
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Tsipras tries to take lead in fire response amid picture of confusion
PoliticsGreek Politicsprevious comments on the matter, Tsipras admitted that there may have been mistakes in confronting
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyCompetitiveness Ranking index as of May 2018 Greece stood at number 57 out of 63 countries, while
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economy. At the same time, the confidence in the system is improving and the stress tests in May did not reveal
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Industrial turnover up by 17.4 pct in June for highest rise in year so far
EconomyMacroeconomyGreece’s industrial turnover reported an increase of 17.4 percent in June, strengthening from an upward revised rise of 11.9 percent in May, Hellenic Statistical Authority (ELSTAT) data published on Monday showed. The latest figure means that the index has remained positive for six straight months
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Tsipras bids farewell to MoU, eyes new start for Greece and SYRIZA
PoliticsGreek Politicsknow that the conclusion of the third bailout and the ability to announce measures that may
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Travel balance increases by 16 pct in June and 19.5 pct in first half of year
EconomyMacroeconomyGreece’s travel balance rose by 16 percent in June, slowing from an increase of 38.2 percent in May, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 2.33 billion euros for the month, an increase of 16 percent. Travel payments rose by 16.5 percent, but the absolute figure was much
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Focus turns to first post-MoU visit by creditors and talks on pension cuts
EconomyProgrammeplans to make. Athens is eyeing a package of between 700 and 750 million euros, which may be announced
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SYRIZA elects new secretary as Tsipras sets stage for election contest
PoliticsGreek Politicsalong with the local and European Parliament vote in late May. In his speech, Tsipras indicated
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