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  1. Industrial turnover continues on recovery path with 25.2 pct rise in June
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 25.2 percent year-on-year (YoY), from 22.4 in June, data from the Hellenic Statistical Authority released on Monday showed. This is the latest in a series of impressive readings that mark the rebound from the depressed levels of the first lockdown in 2020

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  2. Banks moving at pace on road to recovery

    EconomyBanking

    The momentum of positive developments in the Greek banking sector is growing as systemic lenders appear to be leaving behind them, with gradual but steady steps, the legacy issues of the decade-long debt crisis that damaged their balance sheets. In the latest official data on bad loans on the banks

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  3. PBO highlights exceptional factors supporting recovery, cautions against complacency
    Photo by MacroPolis

    Economy

    The Parliamentary Budget Office (PBO) issued its latest quarterly report on Tuesday, noting the economic recovery but warning against complacency as the factors behind the solid GDP rebound in the second quarter are circumstantial and transitory. Greece’s annual growth of 16.2 pct in the second

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  4. Deposits rise by 1.48 bln in Aug as year to date increase exceeds 10 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros, while time deposits fell by 855 million euros. The latest deposit movement took

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  5. KINAL launches leadership contest to settle internal disquiet ahead of elections
    Photo by MacroPolis

    PoliticsGreek Politics

    for complacency on the government side, however, as this latest poll confirms that the balance seems has tipped

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  6. Retail sales jump 13.3 pct in Jul to extend growth period to four months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in July increased by 0.8 percent compared to June, while volume dropped by 5.2 percent. The latest

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  7. Manufacturing growing at steady pace despite supply chain, inflation issues
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    Greece’s manufacturing PMI dropped slightly to 58.4 in September, from 59.3 points in August, according to Markit data released on Friday. Markit notes that the latest figure confirms the health in the Greek manufacturing sector thanks to an expansion in output and new orders. The output

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  8. Govt prepares to increase energy subsidies, lifts most Covid restrictions

    PoliticsGreek Politics

    The government is said to be readying additional funds to shield consumers against further hikes in energy prices, after the latest figures indicate that the recently announced subsidy scheme will not be sufficient. Meanwhile, more freedoms are on the way for vaccinated citizens, as the government

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  9. Newsletter 311 - 08/10/2021

    Newsletters

    billion euros and short-term loans unchanged at 36 billion. In the latest official debt maturity table

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  10. Unemployment falls below 14 pct for first time since Oct 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    percent. The latest available data from the Labour Ministry’s Ergani database for September showed

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