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Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
EconomyMacroeconomybillion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount
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Unemployment unchanged at 11.8 pct in Q1, sharp fall in long-term jobless
EconomyMacroeconomyof the total unemployed. Alarmingly, the largest portion, 123,700, has not worked for more than four years, though the figure dropped from the previous quarter in absolute terms. It has also dropped sharply
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Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
EconomyMacroeconomynegative reading since February 2021, when the index had contracted by 3.1 percent and it has been... in March 2021 and has been growing ever since. In May last year, with growth of 54 percent annually
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Bond re-opening with 4 pct yield completes debt strategy for year
Economy. This takes the total drawn through re-openings to 900 million euros. Greece has also issued two new.... Greece has ahead the positive developments of a stable government with a comfortable majority
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Podcast - Greek elections: That's a wrap
AgoraAt the second time of asking, Kyriakos Mitsotakis has been re-elected as the Greek Prime Minister and his centre-right New Democracy party has won a second term in office. The June 25 elections saw the conservatives cruise to an eight-seat majority in Parliament as the collapse of their main rival
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Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
EconomyMacroeconomyGreece has experienced since the end of 2009, as the country was approaching its first adjustment... has reached 185,566, improved by 32,443 more jobs year-on-year. Total hires were 929,112, against
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Mitsotakis gears up for Erdogan meeting as US backs improved ties
PoliticsForeign PolicyAs Prime Minister Kyriakos Mitsotakis prepares for his first meeting with Turkish President Recep Tayyip Erdogan in more than a year, he has received backing from Washington for the two countries... Erdogan got infuriated and refused to even call him by his name. Bilateral talks However, a lot has
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Import prices fall sharply in May as energy drops by 40.5 pct
EconomyMacroeconomywith a 39.1 percent rise. Growth has been slowing down since. That said, due to last year’s unprecedented... of 3.5 percent, after a decline of 0.7 percent in the previous month. The index now has seven
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Podcast - Lost at sea: The Pylos shipwreck and its aftermath
AgoraLydia Emmanouilidou, who has been covering the story, to find out what survivors told her and to discuss how and why the ship sank and what questions that has raised about how the authorities
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomybalance landed at a deficit of roughly 2.1 billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount fully, with 354 million euros booked by June, below
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