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Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
EconomyMacroeconomythe total drop in the balance during 2021 by 31.48 billion euros as banks shift loans off... with the outstanding balance to 4.85 billion euros. For the whole year, the largest drop in loan balance came
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Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
EconomyMacroeconomyby a 14.7 percent drop in manufacturing. Mining and quarrying turnover increased by 14.5 percent... sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after rising
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Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
EconomyMacroeconomycompared with the same month of 2022, amounting to 430,088, a drop of 25.4 percent. Unemployment has... the rate for men stood at 7.1 percent, a drop of 1.8 pps year-on-year. Youth unemployment dropped by 8
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Industrial production down by 4.9 pct YoY in May but picks up from previous month
EconomyMacroeconomy, compared to a slightly downward revised drop of 7.8 percent year-on-year (YoY) in May, Hellenic... largely by a 17.6 percent decrease in the mining and quarrying index, followed by a drop of 1 percent... also saw a marginal drop of 0.2 percent. During the first six months of 2020, the IPI fell by 4.4
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Newsletter 382 - 26/05/2023
victory for New Democracy has shaken up Greece’s political landscape and the main opposition party... a bonus of up to 50 seats, is complacency. SYRIZA, meanwhile, faces a period of introspection followed... the 3 pct mark in the second election, it will push up the threshold needed for New Democracy to gain
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Greece and the euro: The flight of Icarus
Agoradollars) a month, where civil servants make up less than 20 percent of the workforce and where public... architecture. For Greece, giving up control over its monetary policy meant it could no longer rely... economic model in which the state was omnipresent. The two-party system that had dominated Greek
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Growth in producer prices slows to 29.4 pct in Sep amid another monthly drop
EconomyMacroeconomydata said on Thursday. The index was in negative territory for most of 2020, and up until March..., led by refined petroleum products at 62.5 percent, then electricity and gas up 41.7 percent and paper products that increased by 16.9 percent. Goods sold to the foreign market were up by 36.4 percent
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Newsletter 211 -21/06/2019
Mitsotakis gearing up for govt Beyong tax cuts, ND lines up range of reforms and overhaul... being lined up will reportedly deal with the public administration, where the performance assessment... plans to appoint a chief of staff as part of his effort to re-model the prime minister’s office
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Promises and challenges of Greece's "green new deal"
EconomyFeaturesRecent announcements promise a radical shake-up of the Greek power sector, with the government... up its renewable generation, starting with 1 GW of wind and solar power by 2024, with the aim... are more ambitious overall: by 2030 renewables should meet 35 percent of the country’s energy demand (up
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CPI at 3.1 pct in Apr as food inflation refuses to drop
EconomyMacroeconomypercent, from a rise of 1.5 percent in March. In April 2023, the CPI was up by 3 percent YoY. The price.... Month-on-month, the HICP was up by 0.9 percent. In April, the annual CPI movement was led by a 5.4... percent and health increased by 3.6 percent. Education was up by 3.5 percent. Housing costs dropped
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