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Govt unveils spyware bill as it launches communications fightback
PoliticsGreek Politics. It should be noted that this right existed until last year, but was repealed as part of legislation... that existed before the government changed the law last year. SYRIZA argued that this is a clear..., as well as those targeted by the Predator spyware, from emerging before next year’s elections
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Credit growth slows to 5.3 pct in Oct amid first outflow since Jan
EconomyMacroeconomyCredit movement in the Greek private sector slightly slowed in October, rising by 5.3 percent year-on-year (YoY), from 6 percent in September, and 5.8 percent in August, Bank of Greece (BoG) figures... a peak of 3.7 pct in February last year. Despite October’s slowdown, the latest figures place
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Manufacturers facing headwinds as Nov PMI in contraction for fifth straight month
EconomyMacroeconomysomewhat as input prices rose at the second slowest pace since January last year. That said, the rate... for the year ahead”, S&P Global analysts commented. “Although still well above their respective series trends... into the opening months of next year, with the 2023 average for CPI expected to slow to 3.9
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Opposition parties vow to reverse public healthcare reforms
PoliticsGreek Politicsfor the health service. It was presented earlier this year and includes a 2-billion-euro increase in public... concerns. Since the energy crisis began late last year, and inflation began rising this year, the cost
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Industrial production records first back-to-back drop since 2020 in Oct
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped further into negative territory in October, falling by 2.5 percent year-on-year (YoY), after a decline of 1.2 percent in September, according... year, industry confidence is down by roughly 14 points. In addition, Greece’s Manufacturing PMI
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Surveillance and Qatargate threaten to overshadow budget debate
PoliticsGreek PoliticsThe scheduled debate over next year’s budget kicks off today with political parties distracted... and to make good on their pledge to distribute the “growth dividend” in the lead-up to next year’s... it to a similar incident in Athens a year ago in which another young Roma died after a car chase
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Growth in import prices slows to 21.3 pct in Oct
EconomyMacroeconomyGreece’s import price index further slowed down its pace in October, rising by 21.3 percent year-on-year (YoY), from 25.2 percent, according to data released by the Hellenic Statistical Authority... last year at 18.7 percent. Month-on-month, the index posted a rise of 1.5 percent, after a drop of 2.2
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Tsipras on alert for snap elections, but Mitsotakis looks set to stay course
PoliticsGreek PoliticsSYRIZA leader Alexis Tsipras has suggested that Prime Minister Kyriakos Mitsotakis could call snap elections early next year, several months before the government’s four-year term expires... that she was poised to be made a parliamentary candidate with the centre-right party next year
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Modest growth of 2.7 pct in building activity during 9M
EconomyMacroeconomyBuilding permits in September stayed on a growth trajectory thanks to a rise of 9.1 percent year-on-year (YoY), after an increase of 12.6 percent in August, according to the latest data released... month. The remains some distance from the -7.1 points of December last year.
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Nov sees 5 pct rise in loans, led by corporations and consumer credit
EconomyMacroeconomyCredit movement in the Greek private sector slightly slowed in November, rising by 5 percent year-on-year (YoY), from 5.3 percent in October, and 6 percent in September, Bank of Greece (BoG) figures... reaching a peak of 3.7 pct in February last year. Despite the recent slowdown, the latest figures place
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