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Industrial production drops by 3.7 percent in Oct
EconomyMacroeconomy) data revealed on Thursday. On a YoY basis, the index has remained consistently negative in the year so far apart from a negligible rise in July, and has not shown a positive reading since September 2019... at -12.4 points. Year-on-year, industry confidence has fallen by 5.6 points. In addition, Markit’s PMI
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Wages index up by 3 pct YoY in Q3 2020, declines by 1.5 pct QoQ
EconomyMacroeconomyhas been above the 100-point mark since Q1 of 2017, equal to 14 consecutive quarters. It has also... 109.1 in the previous quarter. Since its peak, the index has declined by a quarter on the back
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Govt gears up for arrival of Covid-19 vaccine amid virus flare-up in some areas
PoliticsGreek Politicsa working class area with numerous large workplaces, suggesting that there has been a failure... of consciously allowing safety for workers to be compromised, noting that New Democracy has failed to provide...) and law and order (47 vs 21). Both are issues that the government has invested heavily in as far
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Govt waiting for arrival of vaccine to deliver some Covid-19 relief
PoliticsGreek Politicswill mark the beginning of the end for its coronavirus saga, which has drained New Democracy’s governing... is expected to receive a first delivery of 300,000 vaccines on December 26. There has been speculation... has risen. It is also an indictment of the frequent, sometimes blunt and other times more subtle
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Banks end year with continued bad loan sales
EconomyBankingthat it has entered into a definite agreement with Bain Capital Credit for the disposal of a Romanian... Mechanism (“SSM”). The transaction has a neutral capital impact to the bank. The closing.... The first APS runs out in April 2021 and its stock of guarantees has been used up after NBG approved
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Cabinet reshuffle and Covid-19 strategy dominate agenda for start of 2021
PoliticsGreek Politics, which has been an issue that has troubled Mitsotakis in recent months. Nevertheless, it appears... the local authorities will have to consider in the days ahead. SYRIZA has called for teachers
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PM hopes for return to normality by summer, but vaccine progress remains slow
PoliticsGreek PoliticsAgainst the odds, Greek Prime Minister Kyriakos Mitsotakis has expressed his optimism... a slow start, the daily inoculation rate has more than doubled and is approaching 20,000 doses a day... allowed for attaining a degree. Defending the proposals, Education Minister Niki Kerameus has argued
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Govt's campus police proposals face further pushback as protests against education bill go ahead
PoliticsGreek Politicssecurity to Parliament in attempt to influence what has become a sterile debate focused..., an offhand remark by Deputy Education Minister Angelos Syrigos has inflamed opposition to the legislation...’s efforts to present the measure as one intended to improve the quality of campus life, as it has
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Athens prepared to be patient after resumption of Greek-Turkish talks
PoliticsForeign Policythe tension that has afflicted Greek-Turkish relations over several months. There is a public debate in Greece... talks. In his interview, Dendias stressed that “Greece… has no reason to fear any dialogue based..., Greece has every reason to continue supporting its European perspectives. At the end, it is Turkey
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Govt concerned by virus mutations, encouraged by increase in vaccination rate
PoliticsGreek Politicsregistered on Sunday. On the positive side, there has been a distinct increase in the rate of vaccinations... days, government-friendly Ta Nea has stressed the ruling party’s dominance over centrist voters... dominance and belief that it has locked in the support of voters in the centre ground, it is notable
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