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New Democracy faces claims of dark funding after revelation of links to internet campaign group
PoliticsGreek Politicsseveral million euros. This is the latest revelation to taint the Mitsotakis administration. Although
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S&P moves Greece further into investment grade with 'BBB' rating, stable outlook
EconomyThis year’s cycle of rating reviews for Greece have stated strongly as S&P became the latest agency to upgrade GGBs by one notch to ‘BBB’, a step further into the investment grade. S&P also revised the outlook to stable, from positive. There were upgrades last month from DBRS, also to ‘BBB
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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyELSTAT published on Tuesday the latest fiscal data for the 2021 to 2024 period, recording a significant primary surplus that was accompanied by an announcement from PM Kyriakos Mitsotakis of a surprise handout package worth 1.1 billion euros in support and public investments. The methodology
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PM set on sharing out more economic benefits in bid to recover support
PoliticsGreek Politicsthey were unhappy. Two years ago, 15.2 pct said they were satisfied. In the latest survey, this figure
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Building activity starts 2025 with sharp YoY drop of 17 pct in permits
EconomyMacroeconomylatest business sentiment indicators for March showed that construction confidence improved to 13.6
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Corporations lead deposit growth in Mar as total nears 200 bln
EconomyMacroeconomyThe contraction in the Greek banking system’s private sector deposits reversed in March, with a net increase of 2.41 billion euros, after a 1.7-billion-euro decline in February, according to the latest Bank of Greece (BoG) figures released on Tuesday. The annual growth in March was 4.8 percent year
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New Democracy sees glimmer of hope in polls following support measures
PoliticsGreek PoliticsThe first polls published after the announcement of a new support package for pensioners and renters suggest that the initiatives were enough to arrest New Democracy’s slide, while indicating that the pressure is on the government for further voter-friendly measures. In the latest sounding by Pulse
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Unemployment rate edges up marginally to 9 pct in Mar
EconomyMacroeconomyin the 25-74 years bracket was 8.2 percent. The latest available data from the Labour Ministry’s Ergani
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Retail sales growth accelerates to 5.2 pct YoY in Feb
EconomyMacroeconomyrise in foods and non-food up by 3 percent. According to the latest business indicators for April
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Solid conditions in manufacturing continue with PMI at 53.2 in April
EconomyMacroeconomyanother solid round of job creation. Our latest forecast expects industrial production to rise 3.2 pct
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