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Travel balance falls by 62.9 pct in November
EconomyMacroeconomyGreece’s travel balance came to 40.4 million euros in November from 108.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 62.9 percent year-on-year (YoY... of the border survey has fully resumed.
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BoG warns pandemic will leave trail of bad loans, hastening need for new tools
EconomyBankingthe benefits in asset quality that will arise from the first round of the Hercules APS, which has... ratio will stand at 25 pct, against a 2.9 pct eurozone average. Greece’s central bank has grabbed
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Govt's management of Covid-19 response challenged again after latest measures, PM’s trip
PoliticsGreek PoliticsThe image of competence and sensible management of the coronavirus crisis which the Greek government has been trying to project since the early days of the crisis took a major hit over the past few..., surpassing 1,000 on most days, meant that the health system has come under renewed strain
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EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021
EconomyMacroeconomyand the fiscal fronts, the Finance Ministry has accepted that revisions will be required to capture the extended and tough lockdowns, as well as the ever-rising support bill that has taken up in the first
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Snow melts in Athens, political row over storm response heats up
PoliticsGreek Politics. “The average citizen has started to experience the state’s weakness in protecting them from difficulties..., the centre-right government has a much more effective communications strategy and machinery
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Travel balance falls by 97.3 pct in December, 76.5 pct in 2020
EconomyMacroeconomyGreece’s travel balance came to 778,000 euros in December from 28.6 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 97.3 percent year-on-year (YoY). Receipts... 2020, conduct of the border survey has fully resumed.
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Covid-19 stretches health system again, putting reopening of shops in doubt
PoliticsGreek Politics. Koufodinas has been on hunger strike for almost 50 days to protest his transfer from the low security... protest has led to demonstrations by self-styled anarchists and complaints from opposition parties
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Police and protests at centre of political leaders' debate
PoliticsGreek Politicsbehaviour. He called on the prime minister to disband the motorcycle-riding DIAS squad, which has been... among New Democracy supporters, the percentage of those who believe the media has helped reached
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Retail turnover drops by 5 pct and volume by 3 pct in January
EconomyMacroeconomyGreece’s retail sales index decreased by 5 percent in January following a revised drop of 12.8 percent in December, Hellenic Statistical Authority data showed on Wednesday. The index has now dropped... to the same month last year, consumer confidence has dropped by 23 points. Retail trade improved by 8.8
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Amid virus gloom, govt lines up support for catering and targets swift upturn
PoliticsGreek Politicsto 755, while another 561 more people were admitted to the hospital. There has been no let-up... businesses are facing huge debts and there has not yet been any discussion about writing off some of what
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