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Unemployment reaches 16.8 pct in Q4
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 16.8 percent in the fourth quarter quarter (Q4) of the year, increasing from a rate of 16.4 percent noted in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. Compared to the same period last year, the jobless rate
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Mitsotakis puts Greece on war footing as plans progress to boost hospital capacity
PoliticsGreek Politics. In an imaginative move, the Greek tax authority has donated 122.6 tonnes of ethyl alcohol seized in raids
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More than a quarter of a million firms affected by enforced closures due to Covid-19
Economy. Widespread impact The Greek employment market tends to be affected by seasonality and highly concentrated
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E-commerce businesses report drop in sales due to Covid-19
EconomyFeaturesThe impact of the coronavirus, which has led to the shuttering of most retail stores, has also prompted a sharp drop in online sales according to a new survey. The Greek E-commerce Association (GRECA) has released a study showing that online orders for businesses apart from supermarkets
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Deposits rise by 1.06 bln in Feb
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 1.06 billion euros in February, following outflows of 2.16 billion in January, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits increased to 142.24 billion euros, reflecting
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Credit contraction at 0.7 pct in Feb, balance at 153.74 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 0.7 percent in February, slightly deepening from a contraction of 0.6 percent in January, Bank of Greece (BoG) figures showed on Thursday. This led the outstanding balance to stand at 153.74 billion from 153.43 billion in the previous month. The net
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingclosely with Greek authorities, supervisory bodies and stakeholders to address the challenges
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Google mobility report illustrates stark drop in activity due to Covid-19
Societypercent. The Greek data showed that visits to transit stations fell by 71 percent. In Italy, the drop
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IMF expects difficult year for public finances, PBO highlights impact on labour force
EconomyMacroeconomy) also presented on Wednesday its report on the macro and fiscal impact of the pandemic on the Greek
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Snap election scenarios circulate as ND's pandemic response fuels surge in polls
PoliticsGreek PoliticsA number of developments linked to the coronavirus crisis have led to speculation in the Greek media about the possibility of a snap election in the summer or early autumn. Record-high approval ratings enjoyed by New Democracy for its handling of the pandemic combined with dire predictions
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