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Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
EconomyMacroeconomy, the largest portion, 170,400, has not worked for more than four years. Most of the employed are working... percent. Part-time employment has increased by 6.1 percent compared to Q2 2021 and by 5.8 percent versus
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Government U-turns again to tighten Covid measures over Christmas
PoliticsGreek PoliticsIn its latest about-turn on public health policy, the Greek government has announced a new raft of measures with immediate effect, aimed at slowing the spread of the Omicron variant in the country..., it was reported that the new variant has been detected in the wastewater of Thessaloniki, raising
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Industrial turnover soars by 39.4 pct in Nov, index up by more than 42 pct since Feb 2021
EconomyMacroeconomy, with strong output and growth in employment. The sector’s expansion has reached 10 consecutive months... by 1.8 points to 7.5. Since January, industry confidence has increased by 17.5 points. Overall, Greece’s
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Arrival of new fighter jets draws attention as EastMed pipeline issue simmers in background
PoliticsForeign Policyare happy because the execution of the project has been supposedly cancelled,” Anastasiades responded... of a possible visit of Israel’s president to Turkey. In Athens, it has not gone unnoticed that the issue
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Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
EconomyMacroeconomyreleased on Friday showed. The growth in credit expansion has remained broadly stable after reaching a peak... their balance sheets through securitisations and sales. The loans balance has dropped by a significant 22
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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyIt has become increasingly evident that the inflation clouds which started gathering above the Greek economy since June last year are not going anywhere soon as the authorities had hoped when... power has a role to play in not reaching the sales levels of 2019, which retailers had been aiming
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PM pledges more support as he seeks to resist inflation, pandemic threats
PoliticsGreek Politicssurveillance regime to take root and help rebuild the government’s image, which has been tarnished... on Monday claimed that Mitsotakis has rejected recommendations from within his party to hold snap
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ND seeks to capitalise on divergent views over defence procurements
PoliticsGreek Politicsalso argued that more effort has to be made by Athens, which has the highest defence spending in the EU
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Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has made it clear that politically his government will stand with the European Union and NATO over Russia’s invasion of Ukraine as his ministers scramble to find... has had a closer relationship with Russia than many EU states in recent times, stands on the Ukraine
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Govt weighs up impact of Ukraine war on recovery, waits for decisions at EU level
PoliticsGreek PoliticsAs well as making a landmark foreign policy move over the weekend by deciding to supply Ukraine with arms following the Russian invasion, the Greek government has been mulling the economic impact... pronounced than initially expected and Greece has soon to work on its 2023-2026 Medium Term Fiscal Strategy
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