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Sharp drop of 5.1 pct in March industrial turnover driven by refined petroleum products
EconomyMacroeconomywas up by 2.1 percent, from 1.8 percent in the previous period. Manufacturing revenue dropped by 5.4... was up by 5.7 percent while the foreign markets decreased by 8.9 percent. In respect to sentiment... confidence is up 2.5 points. Overall, Greece’s economic sentiment (ESI) was broadly stable in April at 107.4
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Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
EconomyMacroeconomy. Imports of goods dropped by 0.03 percent and services were up by 2 percent. Compared to Q1 2024... increased by 2.2 percent year-on-year, while imports were up by 2.4 percent. Goods exports increased by 1.7 percent YoY, while services were down by 0.2 percent. Goods imports were also up by 1.7 percent
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Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
EconomyMacroeconomy3.31 billion euros, compared to 3.04 billion euros in 2024, up 8.8 percent year-on-year (YoY... to 1.4 billion euros. Average expenditure per trip was up by 10.2 percent to 682 euros from 619 euros... euros. Payments also increased to 1.67 billion, up 24 percent, bringing the travel balance to 6 billion
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Drop in energy costs bring CPI down to 1.8 pct YoY in Sep
EconomyMacroeconomyof 0.1 percent in the previous month. In September 2024, the CPI was up by 2.9 percent YoY... percent and health increased by just 0.1 percent. Education was up by 2.7 percent. Housing costs... up by 9.9 percent YoY. After moderating for nearly three quarters below the headline CPI
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Q1 GDP growth slows to 0.2 pct QoQ as investments drop
EconomyMacroeconomypercent and services were up by 4.2 percent. Compared to Q1 2025, final consumption increased by 1... imports were up by 0.5 percent. Goods exports increased by 2.8 percent YoY, while services were up
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A sudden turnaround that could lead to sharp shock
Agorathe economy up to the end of April. They could potentially reach 90 pct of companies that have been... year of the adjustment in 2010, GDP dropped by 5.5 pct. This followed by the deepest drop seen... came to a standstill and shipping routes dried up as global trade seized up, led by China, which
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After Q3 results, what next for Greek banks?
Agoraproviding any details) that could further increase its capital base by up to 1 percentage point. However, the most important transaction would be a disposal of a minority stake (up to 40 percent most likely in two tranches) in its Turkish unit Finansbank that could boost its capital ratios by up to 3
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You've heard the Greek crisis myths, now here are some truths
Agorain Greece from May 2010 have fathers of many nationalities, including Greek. The opening up of Greece’s... the economic model from one that was consumption-based to one that is export-oriented. In the press... to the slow pace of global trade and oversupply in the shipping sector since 2010. Equally, up
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The allocation of labor resources in Greece and the EU-27
Agoraas countries become wealthier. Such involvement reflects government functions taking up a larger share of GDP... substantially, the private sector adjusted employment in order to keep up productivity per person... are highlighted in Figure 2. Figure 2 shows the underlying trend lines only, to avoid the up-and-down stories
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Newsletter 335 - 15/04/2022
of GDP up to 2060. The main principle is that Greece will be able to also cover the debt servicing costs... sector partnerships, including referrals to private clinics to ease congestion, based on a model... of drugs and private services. New Democracy lawmakers also passed this week legislation that shakes up
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