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Greece and Turkey move ahead with talks on Confidence Building Measures
PoliticsForeign Policyheld just a few weeks before the visit of the Greek premier in Ankara on May 13, which was confirmed... that his upcoming meeting on May 13 with Kyriakos Mitsotakis “an important stage” in exploring how... was arrested on suspicion of vote-buying shortly before local elections in Albania in May last year. He
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Data for May shows Greek PMI in growth territory for second straight month
EconomyMacroeconomycontraction, for the second straight month in May, albeit marginally easing by 0.1 points to 51.0, according... in production levels in May was slightly lower than that in April, but it remained solid, according... further. The level of new orders showed a solid rise in May mainly supported by export sales, which
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 1.4 points in May according to Markit, posting the ninth... conditions. The deterioration however was slightly improved upon in May compared to previous months. The PMI stood at 49.6 in May, up from 48.2 in April. The rate of decline eased for the second successive
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May is the cruelest month
Agora, at the moment, Theresa May looks anything but a prime minister who can offer ‘strong and stable leadership... relationship. However, European leaders fear that Theresa May’s government might be too fragile... showing a 20 point lead for the Conservatives. This suggested a landslide that would have allowed May
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May current account shows surplus of 191.5 million as underlying indicators improve
EconomyMacroeconomybalance in the aggregate period was boosted by strong performance for the month of May, and increased...Greece’s current account (C/A) balance recorded a surplus of 191.5 million euros in May, reversing... drove the improvement in the balance, leading it to come to a surplus in May. The deficit
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Hotel and catering jobs propel May hiring balance to new record
EconomyMacroeconomyGreece’s employment balance had another solid month in May, with 126,660 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in May last year saw 95,951 more hires, a strong year-on-year improvement of 31,069 jobs. May’s balance
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Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun
EconomyMacroeconomyeuros in May, with strong inflows over the last few months. The outstanding balance was 126.05..., after an inflow of 471 million euros in May. Within corporate lending, the flow of credit to non... loans had an outflow of 152 million in June, from inflow of 26 million in May and the balance
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Tsipras gets strong mandate for deal in Brussels but left with political conundrum at home
PoliticsGreek Politicsin Brussels on Saturday afternoon. He can argue that there is extremely strong support in Greek Parliament... a strong mandate for an agreement with the institutions and that this was now his priority. He said... a step further, arguing that Greece being forced out of the euro would create chaos and may lead
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Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
EconomyMacroeconomyreflects strong underspend, with primary expenditure coming in 1.19 billion lower than target..., which is due on May 24. At the same time, privatisation proceeds stood at 956 million... in the 4-month period, implying a strong underspend of 1.19 billion compared to the target of 14.23
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Strong public support for farmers adds to pressure on PM for more measures
PoliticsGreek Politicsdiscount on electricity used for agricultural purposes between May and September. He also pledged.... The latest initiatives are being taken amid apparent strong support from the public for the farmers... there is strong support for the ruling party, as most of the protesting farmers are thought to be New
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