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Economic sentiment rises above 111 pts in July but consumer confidence drops further
EconomyMacroeconomyGreece’s economic sentiment (ESI) resumed its recovery path in July, rising to 111.2 points, from... the pandemic and the first lockdown started to manifest itself last April, however the ESI is now just 2 points away from the previous high of February 2020 with 113.2 point. The EU average ESI stood
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Economic sentiment rises to 113 points in August, but consumer and retail confidence slide
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 1.8 points month-on-month in August to reach 113 points... to last year, the EEI has risen by 5.4 points. Meanwhile, compared to August 2020, the ESI has increased... of the pandemic when it dropped to 87.6, but it has been improving since. The EU average ESI stood
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Economic sentiment picks up again in Oct but consumer confidence drops for fifth month
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued growing in October, when it rose by 3.7 points month..., recovering from 90.7 points in January. Since the start of the year, the ESI has increased by 20.6..., dropping to 87.6. The EU average ESI stood at 117.6 points, rising by one point from the previous month
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Newsletter 353 - 30/09/2022
sentiment (ESI) reversed the recent declines and posted a solid rise by 3.4 points in September, moving up to 105.1 points. Over the rolling 12-month period, the ESI is now lower than October last year... the outbreak of the pandemic, dropping to 84.4. The EU average ESI stood at 92.6 points in September
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Cash deficit widens as Greece pays off state arrears
EconomyMacroeconomyThe central government net balance to September on a cash basis showed the deficit widening to 8.88 billion euros from 6.53 billion last year, according to the Bank of Greece (BoG). At the same time, the primary cash deficit also expanded to 3.32 billio...
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Budget passed but troika accord still some way off for Greece
PoliticsGreek PoliticsGreece’s coalition completed one of its key tasks for December by obtaining Parliament’s approval for the 2014 budget early on Sunday but was also given an acute reminder of the challenges that still remain as the European Commission confirmed there was...
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Cash deficit to November rises to 9.9 bln as Greece pays off arrears
EconomyMacroeconomyThe central government net balance to November on a cash basis showed the deficit widening by 30 percent to 9.96 billion euros from 7.67 billion last year, according to the Bank of Greece (BoG). At the same time, the primary cash deficit also expanded t...
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Tsipras and Meimarakis face off, bristle at idea of working together
PoliticsGreek PoliticsThe Monday night televised debate between SYRIZA leader Alexis Tsipras and New Democracy chief Evangelos Meimarakis was much livelier than a discussion involving seven party leaders last week but is unlikely to prove decisive in the close election conte...
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Athens ticking off prior actions one by one as EU keeps close watch
PoliticsGreek PoliticsEuropean Economic and Monetary Affairs Commissioner Pierre Moscovici is the latest EU official to visit Greece and check on the government’s progress in completing the tasks it has been set by lenders before the first review of the bailout programme lat...
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Some movement on Greece's name dispute but solution still long way off
PoliticsGreek PoliticsThe name dispute with the Former Yugoslav Republic of Macedonia (FYROM) remains one of the key unresolved matters in Greece’s diplomatic agenda but there appears to be movement on the issue at the moment. United Nations mediator Matthew Nimetz has recen...
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