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CPI edges up by 0.2 pct in May
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 0.2 percent in May following a rise of 1 percent in April, figures from the Hellenic Statistical Authority (ELSTAT) showed on Monday. May’s reading... and information processing equipment (-11.2 percent) and electricity (-6.2 percent). The Finance Ministry’s
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomy. The current quarter’s movement was driven largely by a rise in the number of unemployed by around 26,000... the 1 million mark for a fourth consecutive quarter. However, Q1’s unemployment figure was the highest...-term unemployed constitute 64.9 percent in Q1. The latest quarter’s figure for long-term unemployed
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Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect
EconomyMacroeconomyto May 2018 when the figure stood at a deficit of 947 million euros, the monthly primary balance’s... gross revenues for May rose month-on-month compared to April’s figure of 4.20 billion. On an aggregate... against April’s figure which stood at 3.61 billion. As mentioned, the aggregate figure for the first
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ND maintains big lead but keeps foot down to counter possible low turnout
PoliticsGreek Politicsparty’s candidates, stressing that the result of the European Parliament vote does not guarantee... for the centre-right party is the turnout. ND’s senior strategy consultant, Takis Theodorikakos, expressed... in Sunday’s To Vima shows New Democracy with a nine-point lead over SYRIZA, which is almost as large
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Consumer confidence at highest since January, economic sentiment stable
EconomyMacroeconomyGreece’s economic sentiment (ESI) edged up by 0.2 points in June to 101 points, European Commission (EC) figures showed on Thursday. As of June’s reading, the index has remained above 100 points for five consecutive months. Barring January’s reading of 99.6, the index has also remained above 100
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Greece cheaper than average for majority of categories except food, most expensive for communications
Societywith the country’s economic crisis. The category also includes repair, maintenance, water supply and fuels... increase of 2.6 percent in Q4 2018. The latest quarter’s increase is the highest since Q3 2007 when..., a likely reflection of the Greece’s economic dependence on tourism and efforts to remain regionally
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Mitsotakis sets goals for first days in office after July 7 elections
PoliticsGreek Politicspoints in the centre-right party’s manifesto as possible in order to attack the opposition and prevent... Democracy’s hopes of obtaining a clear parliamentary majority as the opinion polls suggest that there is no chance of SYRIZA threatening ND’s large lead. Instead, the focus is on whether Mitsotakis
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CPI falls by 0.3 pct in June after 13 months of rises
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) dropped by 0.3 percent in June following a small rise of 0.2 percent in May, figures from the Hellenic Statistical Authority (ELSTAT) showed on Wednesday. June’s... (-6.5 percent). The SYRIZA Finance Ministry’s latest projection contained in the Medium-Term Fiscal
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Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
EconomyGreece’s Public Debt Management Agency (PDMA) completed its debt issue strategy for 2019...’s debt managers note that this is the first time since 2010 that the country has managed three... issue is due on the 23rd of July 2026 and the transaction’s yield settled at 1.9 percent
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Features25.7 and 30.9 percent of Greece’s GDP in 2018. The figures showed that the tourism industry acted... to Greece’s GDP, or 30.9 percent. Figures recorded by the INSETE studied showed that overseas arrivals... of factors would impact this year’s tourism season. These include economic developments in the international
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