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Producer prices record first rise since Jul with 0.3 pct YoY increase in Jan
EconomyMacroeconomy-on-month (MoM), the index was up by 1.9 percent, from 0.5 percent in the previous month. Over the rolling... percent YoY, intermediate goods increased by 2.7 percent, capital goods were up by 3.9 percent, durables up by 4.5 percent and non-durable consumer goods increased by 0.6 percent.
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Opposition parties press ahead with Tempe moves in Parliament as PM draws lines of defence
PoliticsGreek Politicsor after it, a group of opposition parties are due to table a censure motion. In a bid to keep up... up efforts to improve safety on the Greek railway system over the next couple of years. Reports... were trying to cover up their responsibility in the disaster. There are no grounds currently to believe
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Alpha Bank's 2024 profits at 654 mln, commision income at 420 mln
EconomyBanking1.3 billion in 2023, up by 4 percent. P&L NII was 1.65 billion euros in 2024, down by 1 percent year... 374 million euros in the previous year, up by 12 percent. Operating expenses were increased at 866 million euros in 2024, up 6 percent. Loan loss impairments dropped by 24 percent to 236 million
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PM continues to mull reshuffle in shadow of new Tempe inquiry
PoliticsGreek Politicsas a certainty is a shake-up of the infrastructure and transport ministry, which has been put in the spotlight... chalice. The name mooted to take up the challenge is Konstantinos Kyranakis, a young ND politician... lawmakers to take up a seat, with one of the first picks withdrawing for personal reasons. Poll
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Government touts stricter migration controls in bid to win back right-wing support
PoliticsGreek Politicsthat this is consistent with its pledge to bring the figure up to 950 euros by the end of its term 2027. They stress that the latest raise would add up to a total 27.7 percent increase since New Democracy came to power in 2019. The raise will be felt by 575,000 private sector employees, while it will also push up a range
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Jan travel balance at 87.5 mln as 30 pct rise in payments offsets receipts increase
EconomyMacroeconomyfor the month were 302.2 million euros, compared to 281 million euros in 2024, up 7.5 percent year... reached 821,600, up 11.4 percent. Arrivals from the EU totalled 378,600, of which 318,800 were from.... Payments also increased to 2.78 billion, up 14.5 percent, bringing the travel balance to 18.92
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Minimum wage increase crashes against reality of Greeks' low purchasing power
Agorastatutory pay. This concerns fewer than 600,000 workers, and it does not move up the wage scale... in 2022 due to the Ukraine conflict and the energy turbulence. Per ELSTAT, housing costs are up by 22 pct... was at 43 pct. Greece has been on a downward channel in this convergence metric up to 2020 and has made
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Hiring balance turns positive in Feb, driven by seasonal jobs in tourism
EconomyMacroeconomy-on-year, while voluntary exits were up by 4,656. Hirings were up by 10,806 jobs compared to February last... 52 percent. Part-time and shift work made up 37 percent and 10 percent of hirings, respectively
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Divided, weak opposition gives Konstantopoulou boost and PM Mitsotakis space
PoliticsGreek Politicsthe weekend after its leader, Alexis Haritsis, suggested that the party take up SYRIZA leader... the division caused by Kasselakis’s doomed leadership. The break-up of SYRIZA’s parliamentary group has... is currently the most popular party leader in Greece. Her approval rating stands at 37.7 pct, up
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Polls provide PM with some comfort, spell out size of task for opposition
PoliticsGreek Politicsconservatives in terms of voting preference was recorded at 25.1 pct, up from 23.3 pct in March. New... of Freedom, the populist party led by Zoe Konstantopoulou, saw its support shoot up during February... leader is seen as the most suitable candidate to head up a progressive alliance, according
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