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  1. PM adds minimum wage hike to pre-election promises, with hints of more to come

    PoliticsGreek Politics

    The turn of the year gave Prime Minister Kyriakos Mitsotakis an opportunity to reinforce... support against the cost-of-living crisis. Mitsotakis used his New Year’s address to announce... to other types of relief, with further announcements expected early in the new year. The expectation

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  2. Election date seen hanging in balance as PM weighs pros and cons
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    Until Prime Minister Kyriakos Mitsotakis announces the date of the elections this year, speculation... centrist support drift towards PASOK last year, Mitsotakis knows that if the party loses any of its... this year, even with the reduced threshold of around 38 pct in the second ballot. Cronyism claims Another

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  3. Rise in import prices slow further to 15.7 pct YoY in Nov
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The pace of the increase in Greece’s import price index slowed again in November, when it rose by 15.7 percent year-on-year (YoY), from 21.3 percent in October, according to data released... and has been slowing down in growth since. This is also the slowest rise since August last year

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  4. Inaugural 2023 bond attracts strong demand and steep interest
    Photo by MacroPolis

    EconomyMacroeconomy

    of the country’s debt strategy for the year thanks to the high demand. The Public Debt Management... of the ECB’s tight monetary policy as the same transaction of 3 billion euros exactly one year ago.... The allocation is similar to last year’s opening transaction, when the UK was leading with 27 pct

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  5. Building permits rise by 8.2 pct in Oct, but surface and volume fall sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits in October remained on a growth trend thanks to a rise of 8.2 percent year-on-year (YoY), after an increase of 9.1 percent in September, according to the latest data released... in the previous month. This remains some distance from the -10.1 points of January last year.

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  6. Growth in producer prices slows to 16.5 pct in Dec as energy rise moderates

    EconomyMacroeconomy

    There was a further slowdown in the pace of Greece’s Producer Price Index (PPI) in December, rising by 16.5 percent year-on-year (YoY), from 26.2 percent in November, ELSTAT data showed on Monday... by 9.1 percent. It has been growing ever since, gathering pace over a year and half. This has taken

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  7. Industrial production drops for fourth straight month in Dec, up by 2.3 pct in 2022
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) remained on negative ground in December, falling by 1.4 percent year-on-year (YoY), after a decline of 1.1 percent in November, according to Hellenic... and turned positive to 3.9 points after six months of negative readings. Since February last year

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  8. Producer prices slow further to 13.5 pct YoY in Jan, but rise MoM

    EconomyMacroeconomy

    The pace of Greece’s Producer Price Index (PPI) continued to slow in January, when it rose by 13.5 percent year-on-year (YoY), following a 16.5 percent increase in December, ELSTAT data showed... annually by 9.1 percent. It has been growing ever since, gathering pace over a year and half. This has

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  9. Industrial production up by 0.5 pct in Jan, electricity supply drops

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) turned marginally positive in January, growing by 0.5 percent year-on-year (YoY), after falling by 1.4 percent in December, according to Hellenic... of negative readings. Since March last year, industry confidence is down by 5 points. In addition, Greece’s

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  10. Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The increase in the nominal value of apartments in Greece remained on a solid footing in Q4 2022, rising by 12.2 percent year-on-year (YoY), from an upwards revised 11.7 percent in Q3, Bank of Greece... the first year of the pandemic. In 2019, prices increased by 7.2 percent. Old apartments - those over five

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