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Growth of trade deficit slows in Mar, Q1 rise reaches 79 pct
EconomyMacroeconomyThe rise in Greece’s trade deficit slowed in March, when it increased by 13.4 percent year-on-year (YoY), after surging by more than 170 pct in February, according to data released by ELSTAT on Friday. The deficit came to 3.29 billion euros for the month. Imports totalled 6.9 billion euros, rising
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PM sets out path to next elections as PASOK restores traditional name
PoliticsGreek Politicsand political brand, had become a millstone around the party’s neck. Androulakis said that more than 170,000
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Much riding on EU approval of plan to cap energy prices
PoliticsGreek Politicsbe 30 pct higher than before the crisis began. Although details about exactly how the price cap
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Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
EconomyBankingto have an NPE ratio of less than 10 pct by mid-2022 and roughly 8 pct by the end of the year. P&L Pre
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Tourism jobs deliver highest April hiring balance on record at 124,365
EconomyMacroeconomyGreece’s employment balance made a remarkable recovery in April after two subdued, pandemic-impacted years as 124,365 more hirings than departures were recorded, according to data from the Labour Ministry’s Ergani information system. The balance was also positive in March this year with 34,373 more
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PM hopes to return from Biden talks with spring in his step
PoliticsGreek Politics. Critics have accused Mitsotakis of appearing too “predictable” an ally of the US, rather than using
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Labour market on mend as March unemployment rate eases to 12.2 pct
EconomyMacroeconomybalance in April had 124,365 more hirings than firings, a record number. During the first four months
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Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets
PoliticsGreek Politicsthe scheme, which are earmarked exclusively for investments rather than for support of consumption. The funds
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Newsletter 338 - 20/05/2022
than using Greece’s pivotal position to extract more support. The main aim of the visit
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Current account deficit deepens in Mar, reaching 6.45 bln for Q1
EconomyMacroeconomyeuros and even higher than the 32.5 million euros of March 2020, just as the pandemic kicked off
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