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  1. Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln

    EconomyBanking

    of the stake in Alpha Bank has been completed and the process for divestment from National Bank (NBG) shares has been launched. After the announcement of the deal between Alpha Bank and UniCredit, which

    2%

  2. Annual contraction of import prices slows in Sep, index growing MoM since Jun

    EconomyMacroeconomy

    until January this year. The index peaked in April last year with a 39.1 percent rise. Growth has... consecutive monthly contractions, the index has been growing monthly since June. The index’s

    2%

  3. SYRIZA slips behind PASOK in opinion poll but Kasselakis insists course is correct

    PoliticsGreek Politics

    Unsurprisingly, the recent infighting in SYRIZA, which culminated in the party’s left-wing “Umbrella” faction walking out over the weekend, has not helped make the leftists more attractive... to draw support from the centre could be scuppered. SYRIZA has few frontline personalities who

    2%

  4. Significant improvement in oil balance reduces 9M current account deficit to 7.25 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    came to 4.17 billion euros, from 4.65 billion in September 2022. The impact of fuel has moderated... deficit has been reduced, from 9.02 billion in 2022 to 5.2 billion euros in 2023. Excluding the value

    2%

  5. Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    percent. These are the lowest jobless rates Greece has experienced since the second half of 2009, when... to 453,783, a drop of 17.9 percent. Unemployment has now breached the half million-mark after it peaked

    2%

  6. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    Authority (ELSTAT) revealed on Wednesday. The Greek economy has been growing continuously QoQ now since... percent QoQ. Over the nine months of 2023, the Greek economy has grown annually by 2.2 percent. Outlook

    2%

  7. Benefits of investment grade starting to become visible
    Photo by Panayiotos Tzamaros

    Economy

    on Friday. It has been dropping continuously since December 12, just days after Fitch became the latest rating agency to grant the investment grade. The yield on the benchmark has been on a steady

    2%

  8. Current account deficit to Oct plunges to 8.7 bln as energy impact eases and imports drop
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 4.3 billion euros, from 4.71 billion in October 2022. The impact of fuel has moderated as the oil... a deficit of 26.79 billion euros, down from 32.81 billion euros in 2022. The oil deficit has been reduced

    2%

  9. In 2024, Greece and Turkey look to build on diplomatic progress made in previous months
    Image: https://www.primeminister.gr/

    PoliticsForeign Policy

    . These officials argue that Turkey has not changed any of its positions. However, Greek diplomats point... and Ankara have admitted that fresh momentum has been created especially following the charting

    2%

  10. Unemployment rate stays below 10 pct in Nov as inactive numbers rise
    Photo by MacroPolis

    EconomyMacroeconomy

    percent. These are the lowest jobless rates Greece has experienced since the second half of 2009... percent. Unemployment has now fallen below the half million-mark after it peaked at 1.36 million

    2%