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  1. PASOK pushes back against PM's refusal to tax excess bank profits
    Photo by MacroPolis

    PoliticsGreek Politics

    that he would see out his four-year term and that he believes New Democracy can overcome the recent dip... for around 9 billion euros this year. He noted that banks have been recapitalised with almost 40 billion... left last year after Kasselakis was elected, to found a new party, New Left, might consider returning

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  2. Trade deficit rises by 11.5 pct YoY in Oct, 10M deficit at 28.32 bln
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    Greece’s trade deficit rose sharply by 11.5 percent year-on-year (YoY) in October, after a rise of 12.9 percent in September, according to data released by ELSTAT on Friday. The deficit came to 3.16... totalled 4 billion euros. A decrease of 9.8 percent compared with October 2023. In October last year

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  3. PM intervenes on bank charges as budget attracts extra support
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    than 50 cents for a transfer of up to 5,000 euros. Also, from next year the ENFIA property tax... will be able to obtain their medicines free of charge from next year. This affects an estimated 310,000... also announced pay rises for uniformed personnel from next year. This will affect some 150,000 members

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  4. Government lines up bills on education and housing, mulls social media controls for minors
    Photo by MacroPolis

    PoliticsGreek Politics

    year, an annual ritual which he introduced during his first term to signal his administration’s target... to be tabled early in the new year will pave the way for the introduction of the International... on the market. Another government initiative said to be slated for early in the new year is some

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  5. PASOK takes aim at ND with barrage of economic initiatives as PM focusses on party unity
    Image: https://kinimaallagis.gr/

    PoliticsGreek Politics

    PASOK leader Nikos Androulakis has started the year on the front foot with the first of a series... of the economy. For PM Kyriakos Mitsotakis the biggest task at the start of the new year is to pick... the peace among the factions of New Democracy. Entering the new year as the official opposition, PASOK

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  6. Trade deficit jumps 18.7 pct YoY in Nov, 11M deficit at 31.51 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose sharply by 18.7 percent year-on-year (YoY) in November, after a rise of 11.5 percent in October, according to data released by ELSTAT on Thursday. The deficit came to 3.18... last year, the trade deficit was 2.68 billion euros. The geographical breakdown shows that imports from

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  7. Mitsotakis gets policy ball rolling as clues sought for decision on next president
    Photo by MacroPolis

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis was due to chair his first cabinet meeting of the year on Friday... such as the cost of living played a significant part in New Democracy seeing its ratings fall last year... Sakellaropoulou for a second five-year term or will pick a different candidate. Mitsotakis is due to meet

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  8. Industrial production returns to growth in Nov with 4.9 pct YoY rise, led by electricity
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) resumed growth in November with a 4.9 percent year-on-year (YoY) rise, after a 2.5 percent decrease in the previous month, according to Hellenic Statistical... months of last year. Month-on-month (MoM), the seasonally adjusted index in November recorded a rise

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  9. Energy prices drive 2.8 pct YoY import price drop, as non-durable goods rise
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s import price index contraction moderated further in November, dropping by 2.8 percent year-on-year (YoY), after a 5.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. The index recorded more than one year

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  10. Car sales rise by 2.4 pct in 2024 as market slows down
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time were virtually unchanged in December, dropping by 0.2 percent year-on-year (YoY), after an increase of 1 percent in November, according.... Lorries in December were down by 49.5 percent and buses dropped by 7.7 percent. In the full year 2024

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