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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) picked up pace in May with a rise of 3.9 percent year-on-year (YoY), from 2.1 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. Month-on-month (MoM), the seasonally adjusted index in May recorded
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Energy continues to drive import prices as May sees 13.3% YoY rise
EconomyMacroeconomyGreece’s import price index rose sharply by 13.3 percent year-on-year (YoY) in May, after a jump of 18.4 percent in the previous month, according to data released by the Hellenic Statistical... in contraction for the most part since early 2023. In May, there was a 22.2 percent increase from the non
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Fuels propel 10.1% rise in retail sales for May despite volume drop
EconomyMacroeconomyThe growth of Greece’s retail sales accelerated with 10.1 percent year-on-year (YoY) rise in May, after an increase of 4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data.... The volume’s monthly movement was up by 3.3 percent. Compared to May 2025, automotive fuel was up
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Government hints at perks for vaccinated as uptake stalls
PoliticsGreek PoliticsVaccination rates across Greece are beginning to diverge, leading experts to make further appeals to citizens to overcome their hesitancy and scepticism. While the political leadership continues to praise the operational efficiency of the vaccination ca...
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Govt hints at more relief, as economy and inflation jostle with pandemic as top public concerns
PoliticsGreek PoliticsThe rising cost of living and the potential impact of new Covid rules on retail and catering are increasing the pressure on the government for more support measures, as the epidemiological picture takes on an increasingly urgent hue. The Energy and Fina...
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Govt hints at more relief measures as opposition lambasts electricity bill fixes
PoliticsGreek PoliticsThe latest budget performance figures offered a pleasant surprise for the government, which has immediately got to the task of balancing public expectations for more assistance with the need to reassure the markets of its commitment to fiscal discipline...
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PM adds minimum wage hike to pre-election promises, with hints of more to come
PoliticsGreek PoliticsThe turn of the year gave Prime Minister Kyriakos Mitsotakis an opportunity to reinforce the message that the government will continue to provide relief for hard-pressed households, as elections loom ever closer on the horizon. In what has become a patt...
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Mitsotakis hints at post-election policy tweaks to address economic concerns
PoliticsGreek PoliticsWith the cost of living and the economy dominating much of the public debate in the run-up to next week’s EP elections, Prime Minister Kyriakos Mitsotakis has started to sketch out several specific interventions that the government is mulling for after ...
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Budget exudes fiscal stability, but hints at political complications
EconomyMacroeconomyLast week’s five-day debate on the 2025 budget concluded on Sunday without any complications for the government, and the economic plan is certainly in line with the Greek authorities’ narrative that stabilising the economy is one of the current administ...
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Tsipras hints at June launch for new party as poll suggests disruption potential
PoliticsGreek PoliticsFormer PM Alexis Tsipras took a significant step towards forming a new political party with a public speech on Monday, in which he hinted at a June launch. Tsipras addressed an audience at a gathering organised by a northern Athens citizens' initiative ...
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