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Jan current account in surplus, trade balance worsens as exports drop again
EconomyMacroeconomybillion euros, from 4.4 billion in January 2023. The impact of fuel has stabilised as the oil balance... of 32.41 billion euros, down from 39.56 billion euros in 2022. The oil deficit has nearly halved, from
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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
Economyspread. The Public Debt Management Agency (PDMA) has now drawn 7 billion euros from the markets via... liquidity across the yield curve. Greece has now executed some 70 pct of its total annual strategy of circa
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Mitsotakis raises bar for EP vote success as fringe parties and abstention hold key to result
PoliticsGreek Politicsto former rivals PASOK. Mitsotakis’s campaign rhetoric has been targeted at discouraging the protest vote... the conservative leader has also been warning against abstention, calling it a “threat to democracy”. Pylos case
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Parties get salty over cheese prices as cost of living debate heats up
PoliticsGreek PoliticsThe clash between the government and the opposition over the cost of living has reached new, and idiosyncratic, heights during the last few days as New Democracy and SYRIZA have been arguing over... has proposed a package of measures it argues would help bring down prices. They include capping
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Fitch leaves rating unchanged at 'BBB-', outlook stable
EconomyMacroeconomyFitch on Friday reaffirmed Greece’s credit rating to ‘BBB-‘ with stable outlook. It is another indication that the country’s rating has entered a steady environment after the several upgrades over... agency to grant Greece the investment grade. Moody’s is the only leading agency that has left
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Podcast - Overtourism over here: Greek islands feel the strain
Agorathe Sustainable Cyclades media project, which has been reporting on the impact that overtourism and development has been having on the Aegean islands and their residents. Useful reading Sustainable
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Progressives mull cooperation but leadership issue poses a conundrum
PoliticsGreek Politics. SYRIZA leader Stefanos Kasselakis has already made it clear that he would challenge for any... for former prime ministers, and has been attracting some attention recently. Another figure being
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Greece sticks to debt repayment strategy amid uncertainty caused by EU elections
EconomyMacroeconomypoints. The recent climb of Euribor that matched the ECB rate policy has made those loans rather pricey.... Over the last few years, the Public Debt Management Agency has seen following an active policy
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Reports raise questions about some economic policy decisions
EconomyMacroeconomybelow the current path is the low absorption of EU resources via the RRF, something that has been... in property prices significantly outpaces disposable income. One of the factors that has priced out
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Health system in the spotlight after government reforms falter
PoliticsGreek Politicsto attract doctors to regional posts. Georgiadis’s confrontational attitude has done little to win over... that the pressing issue of staffing existing facilities has yet to be cracked.
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