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PMI slows to 53.1 in October, orders and employment remain strong
EconomyMacroeconomyGreece’s Manufacturing PMI declined slightly to 53.1 points in October from 53.6 points in September, staying over the 50-mark threshold for 17 months. However, the latest reading represents a six-month low, while business confidence slipped to its lowest level since September 2017. Output growth
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Greece drops to 72 in Doing Business index as long-term problems persist
EconomyFeaturesThe latest Doing Business Indicators report for 2019 by the World Bank Group has shown that Greece fell to number 72 out of 190 economies worldwide. Last year, Greece stood at 67th place. The country ranked below Vietnam (69), the Kyrgyz Republic (70) and Ukraine (71). The Doing Business Indicator
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Unemployment at 18.9 pct in August, unemployed remain under 1 mln
EconomyMacroeconomyat 23.5 percent. The latest available data from the Labour Ministry’s Ergani database for September
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CPI up by 1.8 pct in October, highest since March 2017
EconomyMacroeconomythe highest reading since March 2017. The average CPI for the latest 12-months since November 2017 came
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Industrial production up by 2 pct in September
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased year-on-year (YoY) by 2 percent in September from a downward revised 1 percent increase in August, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The latest figure extends the streak of positive months for the index to seven
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Tsipras encounters obstacle in efforts to secure church deal
PoliticsGreek Politicsaccusations about the misuse of funds destined for the management of the refugee flows, the latest case
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomyMinistry’s latest forecast in the draft budget for 2019 sees growth of 2.1 percent this year
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Primary surplus confirmed at 6.44 bln in October on revised budget targets
EconomyMacroeconomyyear, privatisation proceeds had reached 1.27 billion. The MoF’s latest budget figures target
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Developments, poll data spark new round of speculation over elections
PoliticsGreek PoliticsThere has been renewed speculation in the Greek media over the past few days about the timing of the next elections, with Prime Minister Alexis Tsipras said to be considering a snap vote even as early as March. The rumours have been partly fuelled by the latest opinion polls, which suggest
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Skopje moves ahead with name deal ratification as Athens watches closely
Foreign PolicyGreek Politicsin mid-January at the latest. According to the Prespes Agreement, "upon notification by the Second
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