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  1. Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months
    Photo by MacroPolis

    EconomyMacroeconomy

    , compared to 238.5 million euros in 2023, up 22.2 percent year-on-year. Travel payments rose by 42.3 percent to 174.1 million euros. The number of arrivals in February reached 721,300, up 26 percent in 2023.... Payments also increased to 339.8 million, up 18.5 percent, bringing the travel balance to 229.9 million

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  2. PM aims to mend ties with church and stem loss of right-wing voters
    Photo by MacroPolis

    PoliticsGreek Politics

    , Archbishop Ieronymos, later this week as New Democracy steps up its efforts to repair its relationship... Orthodox Easter coming up, there is also reportedly concern among government officials that New... of MEP candidates. The move was designed to shore up the right-wing, nationalist vote. However

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  3. March hirings balance hits new high, boosted by seasonal jobs in catering and accommodation
    Photo by MacroPolis

    EconomyMacroeconomy

    , with the remaining classed as layoffs and termination of contracts. Layoffs are up by 6,898 year-on-year, while voluntary exits were down by 6,308. Hirings were up by 2,367 jobs compared to March last year.... Part-time and shift work made up 36 percent and 11 percent of hirings, respectively. In March

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  4. Credit expansion grows by 4.5 pct in Mar, driven by corporations
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    The credit expansion in the Greek private sector picked up even more pace further in March, rising by 4.5 percent year-on-year (YoY), up from 3.8 percent in February, Bank of Greece (BoG) figures... pushed up to 117.4 billion euros. The corporate lending balance’s net monthly flow was positive

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  5. Foreign policy tops political agenda as relations with Greece's neighbours come under scrutiny
    Photo via http://www.oecd.org/

    PoliticsGreek Politics

    , the build-up to the talks were overshadowed by events in North Macedonia and the visit of Albanian Prime... incident justified the doubts the conservatives had about the robustness of the pact, drawn up.... Undoubtedly, with the European Parliament elections coming up, the Greek PM will want to nip in the bud

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  6. Inflation and property data cloud economic picture
    Photo by MacroPolis

    EconomyMacroeconomy

    . It is even more troubling for the Greek authorities that many basic goods are up by double-digits YoY... by property prices and the monetary policy pushed up the rates on mortgages and the burden of loan servicing... and are automatically excluded from access to mortgages. Another 1.3 million taxpayers declare up

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  7. Watchdog's ruling in voter email leak prompts opposition calls for minister to resign

    PoliticsGreek Politics

    The scandal regarding the leaking of official lists of voters’ emails, which subsequently ended up... and abroad signed up to vote by post, suggesting that the email scandal was not a significant deterrent... torpedoed attempts by New Democracy and Kerameus to cover up the scandal. It accused the government

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  8. Mitsotakis hints at post-election policy tweaks to address economic concerns
    Image: https://x.com/kmitsotakis

    PoliticsGreek Politics

    With the cost of living and the economy dominating much of the public debate in the run-up to next...” will be cuts to employee contributions. The government is believed to be considering a reduction of up to 1... accusing SYRIZA of making irresponsible promises, drawing parallels to the period leading up

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  9. PASOK, SYRIZA leaders show little appetite for touted alliance of progresives
    Photo by MacroPolis

    PoliticsGreek Politics

    ANT-1 TV that cooperation would have to be built “from the bottom up, and not through agreements... up his team. He has also made it clear that he does not intend to shift his policy rightward... not lose votes just, or even mostly, to the right. This was backed up by a new opinion poll

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  10. Travel balance rises to 1.79 bln in in first four months as arrivals increase by 20 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million euros in 2023, up 15.9 percent year-on-year. Travel payments rose by 7.5 percent to 273.2 million euros. The number of arrivals in April reached 1.56 million, up 13.9 percent. Arrivals from... receipts increased by 22 percent to 1.79 billion euros. Payments also increased to 848.7 million, up 21.9

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