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General govt primary cash deficit at 6.66 bln in April; arrears fall
EconomyMacroeconomyeuros. All other debt categories saw only very minor changes. The stock of general government guarantees fell by 96 million euros compared to the previous month and came to 15.5 billion.... compared to the previous month, and totalled 2.321 billion. Month-on-month drops were seen in all
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Retail sales soar by 38.9 pct YoY in April, a year after first lockdown
EconomyMacroeconomy. No retail category saw any decreases, while the main categories increased by 9.5 percent in the food... increased by 39.3 percent, after a revised fall of 0.7 percent in the previous month. Compared to April... points higher compared to June last year but way off the previous high of February 2020. Retail trade
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Retail index rises another 15 pct in May from 2020 lows
EconomyMacroeconomyand supermarket sales were up by 3.3 percent. No retail category saw any decreases, while the main... by 39.3 percent in the previous month. Compared to the same month last year, the main turnover rises... compared to July last year, However, it has some way to go to match the previous high of -4.8
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Surprise handout announcement provokes storm of criticism from opposition
PoliticsGreek Politics. The latest, carried out by Alco for Open TV, found that fewer than 1 in 5 respondents saw... that it was considering anything resembling the “social dividend” of previous years. Opposition parties... all previous governments of driving down the minimum wage by a third and cutting unemployment benefits
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Retail sales rise by 13 pct in Sep as fuel has notable impact
EconomyMacroeconomyand cosmetics. Automotive fuel only saw a volume rise of 1.4 percent, with the divergence from... the previous high in May, when it stood at -22.2 points, and it has now improved by 3.9 points since... by one more point to 113.4, surpassing the previous high of February 2020, the month before the pandemic
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Government U-turns again to tighten Covid measures over Christmas
PoliticsGreek Politicsof the downward trend in infections in the last few days. Wednesday saw the second consecutive... system which governed Greeks’ movements in previous lockdowns. The new measures, which had been... pct the previous day. In addition to confirmed cases of Omicron in Crete, the Peloponnese and Athens
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Retail sales rise by 13.1 pct in Oct, led by fuels and non-food sectors
EconomyMacroeconomyonly saw a volume rise of 3 percent, with the divergence from the turnover rise reflecting the hikes... points in October. Consumer confidence had been falling since the previous high in May, when it stood... the previous high of February 2020, the month before the pandemic when it stood at 113.2 points.
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Govt looks to tweak relief in anticipation of record Covid infections, new inflation high
PoliticsGreek Politicsof living. While last week saw the introduction of a new scheme to subsidise energy costs, price... expert, who predicted a surge in the reported infections above the previous high of just over 50,000... over the previous period. Other commentators have noted, however, that the positivity rate among
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Newsletter 327 - 11/02/2022
that saw Greek 10-year benchmark yield rise to 2.55 pct, a level not seen before PEPP kicked... concern surrounds death rates. The Covid death rate in Greece has surpassed all previous waves... continued their previous trend in December as 2021 ended with a trade deficit rise of 79 percent year
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Retail sales remain on upward path, rising by 16.8 pct YoY in Feb
EconomyMacroeconomy. The sector sentiment is up by 4.9 points since April 2021. The overall economic sentiment (ESI) saw... in the previous year and a much-subdued retail season even during the annual sales. On a monthly basis... over the last two months after falling solidly since the previous high in May, when it was -22.2 points
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