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Vehicle sales up 20.7 pct in Nov, boosted by jump in purchases of used cars
EconomyMacroeconomy(ELSTAT) data released on Wednesday. In November 2020, the year-on-year change was a drop of 10.7.... The remainder was made up of lorries (2,464) and buses (136). Motorcycle sales increased 22.2
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Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
EconomyBankingIn the closing weeks of the year, Greek systemic banks have maintained their efforts to tidy up their balance sheets and execute on their business plans, which foresee them reaching single digit NPEs... pct consumer loans, 300 million. Following this transaction, the bank’s NPE ratio will drop to 13
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Tsipras tries to keep spotlight on ND, talks up election chances
PoliticsGreek Politicsthe centre-right administration of allowing staff numbers, such as station masters, to drop... percentage points, there has been no indication of SYRIZA picking up any of these voters
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Unemployment edges up to 11.9 pct in Q4
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate picked up slightly in Q4 last year, rising to 11.9 percent, from 11.6 percent in the previous quarter, Hellenic Statistical Authority... percent year-on-year. Permanent jobs were broadly stable at 2.62 million people, a drop of just 0.1
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Despite moderation in June, H1 hiring balance up by 34,290 jobs YoY
EconomyMacroeconomy28,761 more hires, a year-on-year drop of 4,800 jobs as seasonal hires took place in previous... and shift work made up 39.8 percent and 9.5 percent of hirings, respectively. In June, hirings were
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PM gears up for communications drive as PASOK marks 50 years
PoliticsGreek PoliticsThe government is hoping to move up a gear this week as far as its communications drive is concerned, hoping to provide a convincing response to a difficult summer and the apparent dwindling faith... year, rather than the 0.5 that had been planned. Another 0.5-point drop was due the following year
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Unemployment rate edges up to 9.8 pct in Oct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained below the 10 percent mark in October, although it edged up to 9.8 percent, from 9.4 percent in the previous month, Hellenic Statistical... with the same month of 2023, amounting to 466,858, an 8.8 percent drop. Unemployment is moving away from
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Nov sees rise of 2 pct YoY in retail sales, up 2.7 pct MoM
EconomyMacroeconomyGreece’s retail sales resumed growth in November with a rise of 2 percent year-on-year (YoY), after a drop of 0.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday... basis, the seasonally adjusted index rose by 2.7 percent. The volume’s monthly movement was up by 2.3
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Quarterly unemployment edges up to 9.5 pct in Q4
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate picked up in Q4, rising to 9.5 percent, from 9 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed... quarter and a sharp drop by 8.1 percent compared to the same quarter of 2023. The number of people
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Unemployment rate edges up marginally to 9 pct in Mar
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up slightly to 9 percent in March, from 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday... drop. Unemployment is moving away from the half million-mark after it had peaked at 1.36 million out
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