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Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
EconomyMacroeconomyGreece’s industrial turnover shot up by 12.7 percent in January, after December’s figure was softened to -1.9 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Thursday. The 12-month trailing index grew by 11 percent. Janua...
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Primary cash surplus at 7.72 bln in March on strong underspend
EconomyMacroeconomyGreece’s central government primary cash surplus recorded a surplus of 7.72 billion euros in the first three months of the year, Bank of Greece (BoG) figures showed on Wednesday. The headline figure includes an arrears’ repayment of 457 million euros, o...
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP grew by 0.8 percent quarter-on-quarter (QoQ) in the first quarter (Q1) of 2018, after an upwardly revised increase of 0.2 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional esti...
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Strong receipts push travel balance up by 15.9 pct in July
EconomyMacroeconomyGreece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16 percent in June, Bank of Greece (BoG) data revealed on Friday. Receipts came to 3.38 billion euros for the month, an increase of 14.4 percent. Travel payments...
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Religion plays strong role in identity, beliefs of Greeks, international survey suggests
SocietyNew research studying the attitudes and beliefs of central and eastern Europeans has found a sharp divide in countries formerly under the Iron Curtain compared to western Europe on a number of social issues. Released by Pew Research Center, the study sh...
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Greece attracts strong interest and yield below 4 pct for first 10-year bond since 2010
EconomyThe positive sentiment around Greek sovereign debt, which has been evident since the turn of the year, manifested itself again on Monday when Greece opened the book-building process for a new 10-year benchmark. The maturity duration that Greece had not ...
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Strong showing in local elections for ND as it targets majority in national vote
PoliticsGreek PoliticsNew Democracy strengthened on Sunday its political comeback with several significant gains in the second round of local elections, while a new opinion poll suggested that the centre-right party is on course to win a clear majority in the national vote n...
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Authorities aim to collect up to 11 bln after strong uptake in overdue tax scheme
EconomyThe scheme to allow taxpayers to settle their debts in 120 instalments attracted over 1.2 million applications, the government said. The scheme closed on October 7 and is expected to add extra revenue to state coffers. The deadline for the closing of th...
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ND looks to asylum bill, strong rhetoric to ease pressure from migration flows
PoliticsGreek PoliticsMPs have begun debating the government’s proposal for an overhaul of Greece’s asylum laws, which New Democracy sees as an important step towards facilitating the return of arrivals who are not eligible for protection and thereby easing the pressure on G...
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New president receives strong endorsement, hints at areas of interest
PoliticsGreek PoliticsSenior judge Katerina Sakellaropoulou was elected Greece's new, and first female, president on Wednesday by the vast majority of the country’s MPs, vindicating Prime Minister Kyriakos Mitsotakis’s choice, but also justifying SYRIZA leader Alexis Tsipras...
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