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CPI at 2.4 pct in Mar as housing rises by 5.9 pct and food picks up pace again
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) has stabilised in the recent months, with a rise of 2.4 percent year-on-year (YoY) in March, from 2.5 percent in the previous month, according to the data released... moderating for nearly three quarters below the headline CPI, and in deflation since December last year
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Mitsotakis to resume tour of ministries as opponents struggle to gain traction
PoliticsGreek Politicshave taken a beating since the start of the year. Mitsotakis began his tour of ministries after... last year. However, the dominance of the Tempe issue extinguished hopes of an immediate recovery... in last year’s European Parliament elections say they still back the party. By contrast, 23.5 pct
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Rental subsidy rekindles political debate over housing crisis
PoliticsGreek Politics5.9 pct year on year in March, according to the latest inflation figures. Since 2020, housing costs have risen by more than 20 pct. Last year, the government made changes to the Golden Visa scheme
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Building activity starts 2025 with sharp YoY drop of 17 pct in permits
EconomyMacroeconomyBuilding activity started 2025 with a sharp decrease of 17 percent year-on-year (YoY) in January, after a rise of 15.6 percent in December, according to the data released by the Hellenic Statistical..., and the smallest number of permits were issued in Western Macedonia with 23. During the full year 2024
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Government presents rail safety improvements as ex-ministers face possible Tempe inquiry
PoliticsGreek Politicsearlier this year to the government’s handling of the Tempe crash aftermath, it is vital for Prime... as the year by which all the work on upgrading the safety levels has to be completed... in the first quarter of this year, the government had no more time to waste in showing
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Producer prices pick up pace by 2.1 pct YoY in Mar
EconomyMacroeconomyGreece’s Producer Price Index (PPI) accelerated further in March, with a rise of 2.1 percent year-on-year (YoY), after an increase of 0.6 percent in February, ELSTAT data showed on Wednesday.... The index had been growing over a two-year period since March 2021, before it turned negative in March
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Government and opposition poised for new confrontation over Tempe probe
PoliticsGreek Politicswill have to be backed by a majority of lawmakers. Under intense pressure earlier this year, when... in a TV interview earlier this year. There have been indications from the ruling party that ND would like... dissatisfaction seen in the first quarter of this year.
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Fuel drives sharp YoY rise of 25.3 pct in Mar trade deficit
EconomyMacroeconomyGreece’s trade deficit rose significantly by 25.3 percent year-on-year (YoY) in March, after a sharp drop of 18.3 percent in February, according to data released by ELSTAT on Thursday. The deficit.... Exports totalled 3.94 billion euros, increasing by 3.8 percent. In March last year, the trade
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CPI moderates to 2 pct in Apr, rents continue to climb with 10.8 pct YoY rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) has stabilised in the recent months, with a rise of 2 percent year-on-year (YoY) in April, from 2.4 percent in the previous month, according to the data released... for nearly three quarters below the headline CPI, and in deflation since December last year, food
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Latest Tempe report kicks off political storm as government claims vindication
PoliticsGreek Politicsthe political debate which flared up at the start of the year, around the second anniversary... from the blow it suffered earlier in the year from the Tempe protests, while official opposition... year’s party leadership contest, while SYRIZA remains in the doldrums following its last split
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