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Mitsotakis tries to stem subsidy scandal damage as opposition smells blood
PoliticsGreek Politicsthat the subsidy swindle, which appears to have been orchestrated on various levels, is just the latest in a long
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Unemployment at 7.9 pct in May, lowest since Nov 2008
EconomyMacroeconomyyear-on-year to 19.9 percent, while the rate in the 25-74 years bracket was 7.1 percent. The latest
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Energy at forefront of 2 pct decline for industrial production in May
EconomyMacroeconomyin mining. According to the European Commission’s latest business surveys for June, industry confidence
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Rival opposition motions give government breathing space over farm payments scandal
PoliticsGreek PoliticsDemocracy, most notably over Tempe, but have failed to present a united front. The latest initiatives show
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New Democracy tries to win over voters with crackdown on bank charges, migration
PoliticsGreek Politicsobservers of the banking system as a deft bit of politics. On the one hand it is noted that the latest raft
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Jump in corporate deposits takes balance to highest since Jan 2011
EconomyMacroeconomyThe Greek banking system’s private sector deposits grew strongly in June, with a net increase of 5.1 billion euros, after a 1.22-billion-euro drop in May, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in June was 5.3 percent year on year (YoY), from 4.8
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Building activity continues to slide in Apr, 4M permits down 26 pct YoY
EconomyMacroeconomypercent. The European Commission’s latest business sentiment indicators for June showed
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
EconomyMacroeconomy. According to the latest business indicators for July, consumer confidence continues to slide to -47.6
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Ex-ministers escape farm payments inquiry in controversial vote
PoliticsGreek Politics, as there is no clear path to challenge the vote. This is the latest instance in which New Democracy
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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
EconomyMacroeconomyGreece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points in the previous month, S&P Global data showed on Friday. The latest data reflects a downturn in growth seen in softer expansions of output, new orders and employment. Greek manufacturing growth slowed
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