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New Democracy faces claims of dark funding after revelation of links to internet campaign group
PoliticsGreek Politicsseveral million euros. This is the latest revelation to taint the Mitsotakis administration. Although
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S&P moves Greece further into investment grade with 'BBB' rating, stable outlook
EconomyThis year’s cycle of rating reviews for Greece have stated strongly as S&P became the latest agency to upgrade GGBs by one notch to ‘BBB’, a step further into the investment grade. S&P also revised the outlook to stable, from positive. There were upgrades last month from DBRS, also to ‘BBB
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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyELSTAT published on Tuesday the latest fiscal data for the 2021 to 2024 period, recording a significant primary surplus that was accompanied by an announcement from PM Kyriakos Mitsotakis of a surprise handout package worth 1.1 billion euros in support and public investments. The methodology
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Building activity starts 2025 with sharp YoY drop of 17 pct in permits
EconomyMacroeconomylatest business sentiment indicators for March showed that construction confidence improved to 13.6
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Corporations lead deposit growth in Mar as total nears 200 bln
EconomyMacroeconomyThe contraction in the Greek banking system’s private sector deposits reversed in March, with a net increase of 2.41 billion euros, after a 1.7-billion-euro decline in February, according to the latest Bank of Greece (BoG) figures released on Tuesday. The annual growth in March was 4.8 percent year
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Unemployment rate edges up marginally to 9 pct in Mar
EconomyMacroeconomyin the 25-74 years bracket was 8.2 percent. The latest available data from the Labour Ministry’s Ergani
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Retail sales growth accelerates to 5.2 pct YoY in Feb
EconomyMacroeconomyrise in foods and non-food up by 3 percent. According to the latest business indicators for April
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Solid conditions in manufacturing continue with PMI at 53.2 in April
EconomyMacroeconomyanother solid round of job creation. Our latest forecast expects industrial production to rise 3.2 pct
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Fiscal data impressive but details suggest caution still required
EconomyMacroeconomyinto government finances. Based on the latest available data for 2024 that were included in the final budget
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Water shortages a growing concern as government warns bills could increase
PoliticsGreek Politicsin the latest Reporters Without Borders (RSF) World Press Freedom Index, coming in at the 89th position
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