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Property price rise accelerates in Q3 with 11.2 pct increase
EconomyMacroeconomyThe increase in the nominal value of apartments in Greece remained on a solid footing in Q3 of this year, rising by 11.2 percent year-on-year (YoY), from an upwards revised 10.1 percent in Q2, Bank of Greece (BoG) data released on Tuesday showed. The latest figure is the highest since before
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Inflation drives up retail sales by 10.5 pct in Sep, but MoM sees 0.6 pct drop
EconomyMacroeconomyto the latest business indicators for November, Greece’s consumer confidence was at -51.9 points
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Average loan rate rises to 4.86 pct in Oct
EconomyMacroeconomyThe Bank of Greece released on Friday the latest rates information for deposits and loans for October, which showed that the average rates for new loans are 4.86 percent, from 4.6 percent in the previous months. The weighted average interest rate of existing loans in October was 4.27 percent
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Industrial production records first back-to-back drop since 2020 in Oct
EconomyMacroeconomyrise in mining and quarrying. According to the European Commission’s latest business surveys
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Surveillance and Qatargate threaten to overshadow budget debate
PoliticsGreek Politicsthe latest police shooting incident, after a Roma teenager died in hospital several days after being shot
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BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist
EconomyMacroeconomyThe Bank of Greece (BoG) has joined the group of organisations that has incorporated the latest global challenges in its forecast for Greece, with growth next year seen declining substantially compared to the 6.2 pct envisaged for 2022. The BoG notes that the macro environment which has been
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Nov sees 5 pct rise in loans, led by corporations and consumer credit
EconomyMacroeconomyreaching a peak of 3.7 pct in February last year. Despite the recent slowdown, the latest figures place
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Retail sales grow annually in Oct as volumes, monthly movements reflect cost of living impact
EconomyMacroeconomyby 5.5 percent and non-food up by 1.2 percent. According to the latest business indicators for November
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Manufacturing reaches half a year of contraction as PMI drops further in Dec
EconomyMacroeconomyin output and new orders, after weak domestic and foreign demand. S&P says that the latest data point
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Unemployment unchanged at 11.4 pct in Nov
EconomyMacroeconomy, while the rate in the 25-74 years bracket was 10.3 percent. The latest available data from
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