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Building permits maintain recovery, up 12.5 pct YoY in Sep
EconomyMacroeconomyBuilding activity continued its recovery in September, with a rise of 12.5 percent year-on-year, after an increase of 7.8 percent YoY seen in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday. The total number of permits issued in September reached 2,549
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Retail sales rebound with 5.3 pct YoY rise in Oct
EconomyMacroeconomyGreece’s retail sales rose sharply by 5.3 percent year-on-year (YoY) in October, after a drop of 0.7 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. September’s negative reading reversed the recent trend of three consecutive months of rises. Over the ten
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Credit expansion still solid in Nov as it rises by 7.2 pct YoY
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong though it slightly moderated in November, rising by 7.2 percent year-on-year (YoY), from 7.8 percent the previous month, Bank of Greece (BoG) figures released on Friday showed. The net lending flow was positive by 1.3 billion euros
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Households drive Nov deposits rise as total reaches 207 bln
EconomyMacroeconomyThe Greek banking system’s private sector deposits rebounded in November, with a net rise of 1.03 billion euros, after a drop of 2.14 billion euros in October, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in November was 4.9 percent year on year (YoY
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Mitsotakis faces pivotal talks with farmers as Mercosur deal adds to complexity of standoff
PoliticsGreek Politics— a 13 pct increase on the previous year. Measures such as reduced electricity tariffs, tax‑free.... Farmers, however, remain sceptical. The seven‑year transitional period allowing continued use
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Energy propels 3.3 pct YoY drop in import prices in Nov
EconomyMacroeconomyGreece’s import price index stayed in contraction in November, with a drop of 3.3 percent year-on-year (YoY), after a 2.4 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The index peaked in April 2022 with a 39.1
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Small total surplus for budget at close of 2025 as underspend remains prominent
EconomyMacroeconomycontinue to beat even the revised outlook for the year. The full revenue breakdown will be provided... to 8.09 billion euros, above target by 77 million. Last year, interest payments were 8.37 billion
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Industrial turnover posts modest 0.7 pct YoY rise in Nov, falls sharply MoM
EconomyMacroeconomyGreece’s industrial turnover recorded a rise of 0.7 percent year-on-year (YoY) in November, from a marginal 0.3 percent drop in October, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. The index is now on a streak of three consecutive rises. On a rolling
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Building activity on the mend with 13.5 pct YoY rise in Oct
EconomyMacroeconomyBuilding activity continued to recover in October, with a rise of 13.5 percent year-on-year, after an increase of 12.5 percent YoY seen in September, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of permits issued in October reached 2,997
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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
EconomyMacroeconomyGreece’s retail sales growth moderated to 1.7 percent year-on-year (YoY) in November, after a rise of 5.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. Over the eleven-month period, sales have only dropped annually twice, in May and September
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