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Unemployment rate edges up marginally to 9 pct in Mar
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up slightly to 9 percent in March, from... months, the current single-digit rate is Greece’s lowest since December 2008. Monthly unemployment... in the 25-74 years bracket was 8.2 percent. The latest available data from the Labour Ministry’s Ergani
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Opposition parties jostle over criminal charges for politicians in connection to Tempe
PoliticsGreek Politicsfor Karamanlis. New Democracy’s strategy is also expected to follow the precedent established... result. There is also a potential alignment between Zoe Konstantopoulou’s Course of Freedom and Stefanos Kasselakis’s Movement for Democracy; Konstantoupoulou, however, recently rejected the notion
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Sharp drop of 5.1 pct in March industrial turnover driven by refined petroleum products
EconomyMacroeconomyGreece’s industrial turnover dropped sharply in March, with a decline of 5.1 percent year-on-year... indicators, Greece’s Manufacturing PMI saw a solid rise in April, when it reached 53.2 points from 55... the European Commission’s business indicators for April, industry confidence stayed in positive territory
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ND courts voters with hardline migration bill as pressure grows over farming subsidy scandal
PoliticsGreek Politicsof failed asylum seekers and was putting pressure on the country’s EU partners to contribute more... that genuine payments will not be affected. Famellos said the scandal has harmed Greece’s reputation... sustaining this line of argument because the European Public Prosecutor’s investigation which sparked
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Unemployment hits 8.3 pct in Apr for newest low since 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 8.3 percent in April, from 8.6..., the current single-digit rate is Greece’s lowest since September 2008. Monthly unemployment peaked... in the 25-74 years bracket was 7.7 percent. The latest available data from the Labour Ministry’s
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Voters’ belief in progressive parties tested as PASOK and SYRIZA search for answers
PoliticsGreek Politicspct among SYRIZA voters and 84.7 pct among those supporting Zoe Konstantopoulou’s Course of Freedom... of the left would be a positive development for the country’s politics and would create a credible... to generate any momentum. Despite settling its leadership issue in the wake of last year’s European
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Electricity drives drop of 4.3 pct YoY in Apr industrial production
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) fell sharply in April with a drop of 4.3 percent year... to the European Commission’s latest business surveys for May, industry confidence stayed in positive... confidence is up 1.5 points. In addition, Greece’s Manufacturing PMI was unchanged in May at 53.2
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Industrial turnover falls by 9.1 pct YoY in Apr, driven by foreign markets and manufacturing
EconomyMacroeconomyGreece’s industrial turnover accelerated its sharp decline in April, with a drop of 9.1 percent..., Greece’s Manufacturing PMI saw a solid rise in April, when it reached 53.2 points from 55 points... Commission’s business indicators for May, industry confidence stayed in positive territory, decreasing
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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
EconomyMacroeconomyconfidence. This has prompted S&P to upgrade Greece’s sovereign credit rating to ‘BBB... was a solid 2.2 pct, investments were subdued. The PBO’s outlook remains broadly unchanged, with a small... on the back of strong tax revenues due to income tax and VAT from goods and services. Greece’s upgraded
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Unemployment at 7.9 pct in May, lowest since Nov 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 7.9 percent in May, from 8.3..., the current single-digit rate is Greece’s lowest since November 2008, when it was below the 8-percent... available data from the Labour Ministry’s Ergani database showed that Greece’s employment balance
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