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BoG sees Greek growth resilience, highlights global risks
EconomyMacroeconomyand improved asset quality. Non‑performing loans (NPLs) on a solo basis fell to EUR 5.7 billion, a 5.2% decrease from December 2024. The NPL ratio stood at 3.3% in December 2025 (down from 3.8% in 2024
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Renewed concern over East Med as Turkey aims to resume drilling
PoliticsForeign Policyand designated to enforce the UN Security Council Arms embargo on Libya in place since 2011.... were not acquired by Greece under international law and that they are Turkish territory. In Libya
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Retail sales recorded 3.7 pct rise in 2023, but volume dropped by 3.3 pct
EconomyMacroeconomyof 12.3 percent in 2022. Volumes in 2023 dropped by 3.3 percent in 2023. Retail sales had been growing... percent. The inflationary effects are reflected in volumes, with fuels up by 3.3 percent, a 5.4 percent
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April primary surplus beats target thanks to improved taxes and contained spending
EconomyMacroeconomyrespectively. Interest payments came to 3.3 billion euros, above target by 94 million, and in line... 884 million euros from the RRF this year.
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
EconomyMacroeconomyfor defence programs and transfers to general government bodies. Interest payments came to 3.3... euros. It has also received a new tranche from the RRF of 884 million euros.
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Athens hoping EU diplomatic drive will defuse latest Aegean crisis
PoliticsForeign Policyby the agreement Ankara made with Libya last year, and which Athens has described as null and void..., Peter Stano, the spokesman for the EU’s foreign policy chief Josep Borrell, said Greece’s request
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Athens insists maritime spatial planning plans do not obstruct talks with Turkey
PoliticsForeign Policytreaty with Libya in November 2019 was rejected by Greece as unlawful as the two countries... islands are controlled by Greece, with the latest expansions in 1913, following the Balkan Wars... in which the main prize was Libya, and its vast oil resources. Turkey protests that it is being hemmed
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OECD sees 3.3 bln euros of savings Greece can make by cutting red tape
EconomyMacroeconomyThe Organisation for Economic Cooperation and Development (OECD) released a report on May 15 identifying 3.3 billion euros worth of burdensome regulations in 13 sectors weighing on businesses each year. Over three-quarters of these costs accrue in three of the priority areas, namely tax (VAT
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Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
EconomyMacroeconomyThe turnover of Greece’s retail trade index dropped for the fourth straight month in February, when it fell by 3.3 percent in February from an upward revised 1.8 percent decrease in January, according to the Hellenic Statistical Agency (ELSTAT). The February headline figure is the ninth negative
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell for the sixth straight month in April at an accelerating pace of 3.3 percent from a downward revised 0.6 percent in March, according to the Hellenic Statistical Agency (ELSTAT). The April headline figure is the highest drop since December 2014
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