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Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
EconomyMacroeconomyslowed at 2.2 percent year-on-year (YoY), from a 2.5 percent YoY rise in Q1 last year. The 2.2 percent... increased by 2.2 percent year-on-year, while imports were up by 2.4 percent. Goods exports increased
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomy. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct... seen to grow by 5.7 pct this year and exports growth is seen at 2.2 pct. Investments were... for this year of 247.51 billion. Consumer prices next year are seen rising by 2.2 pct, slowing from 2.6 pct
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Newsletter 485 - 21/11/2025
the 2.2% estimate for this year. Private consumption is expected to remain robust, though slightly more.... On a more encouraging note, exports are expected to double their growth to 4.5% in 2026, from 2.2... billion this year. Price growth is expected to moderate slightly to 2.2%, from 2.6% this year
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Vote on same-sex civil unions reveals common ground and divisions
PoliticsGreek Politicssignificant political fault lines. The law was passed with the votes of a substantial majority of 194 out... children. The legislation updates a 2008 law that allowed registered cohabitation for unmarried couples... grants second-generation migrants to claim Greek citizenship. The citizenship law was passed in June
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Feeling weight of measures, SYRIZA seeks way to re-connect with voters
PoliticsGreek PoliticsSYRIZA was elected. The coalition also claims that a law passed nine years ago when New Democracy... for the law, noted that the legislation was passed after a number of colleges were found not to be fulfilling certain requirements and not necessarily issuing forged diplomas. She added that the law
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Government hopes offer of tax breaks and grants will spark growth boost
EconomyMacroeconomyLaw that the government hopes will boost productivity and growth. The bill is expected to be voted on by the end of next week. According to the explanatory report accompanying the draft law, the main... for domestic production. One of the key provisions of the law is the support for investments above 20
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Legislative developments on restructuring and liberalisation of Greek electricity market
LegalChapter IV of Law 4389/2016 on “Urgent provisions for the implementation of the Agreement... 50% by 2020, as envisaged in Law 4336/2016 (Third Memorandum of Understanding between Greece and its... with Metaxas & Associates: M&A (www.metaxaslaw.gr) is one of the leading law firms in Greece and regarded
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First day of review talks highlights differences as Athens eyes tight schedule
EconomyProgrammeto an increase in the current cap of 5 percent on mass layoffs, arguing that the Greek law is fully in line with the EU law. According to reports, the heads of the four institutions expressed... action involves an amendment of the corporate insolvency law in line with an agreed proposal. During
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What GDPR compliance means for businesses and consumers
Legalof personal data law and their capacity to perform the tasks referred to in Article 39 of the GDPR... of processing activities for personal data. Our law firm has the expertise to provide legal services... to you in association with Metaxas & Associates: M&A (www.metaxaslaw.gr) is one of the leading law
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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBankingto primary residences, which are currently protected from foreclosure under the so-called Katseli law. The law, which is officially known as the Household Insolvency Act, was passed in 2010, and protected... under the law would no longer be exempt from having their properties being included in loan portfolios
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