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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeaturesMicrosoft has announced plans to create three data centres in Greece in a much-needed boost... of the investment has not been disclosed, but the prime minister said that the data centre would bring long-term... experts point out that beyond the construction of the data centres, which will be a job creater
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Newsletter 268 -09/10/2020
in June, Hellenic Statistical Authority’s (ELSTAT) data showed. Year-on-year, the figure for those employed decreased by 64,500 (-1.7 percent). Total employment stood at 3.84 million people. The data...) in August compared to a drop of 17.1 percent in July, data from the Hellenic Statistical Authority
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Govt tries to fend off claims of disarray in Covid-19 reporting, coordination
PoliticsGreek PoliticsOrganisation (EODY) handled data, based on which experts were advising ministers what measures to take... has been providing incomplete data, and even that a dual system for recording Covid-19 cases has been... to record Covid-19 cases were not true and would weaken people’s trust in official data
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PMI drops to 42.3 points in November as second lockdown hits
EconomyMacroeconomyto the latest data from Markit. According to Markit, readings over 50 and above indicate overall... sector. After a brief uptick in previous months, the latest data signalled the sharpest... the fastest since data collection began in May 1999. The decline stemmed from a notable drop in new order
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Industrial production drops by 3.7 percent in Oct
EconomyMacroeconomy) data revealed on Thursday. On a YoY basis, the index has remained consistently negative in the year so... was the fastest since May. After a brief uptick in previous months, the latest data signalled the sharpest... the fastest since data collection began in May 1999. The decline stemmed from a notable drop in new
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Loans under credit servicing firms rise by 6.8 pct QoQ to 32.98 bln
EconomyBankingthe operations of Credit Servicing Firms (CSFs) in Greece. BoG said that the data was being provided.... The bank collects quarterly balance sheet data of CSFs and the loans they service and which have.... The data showed that the majority of loans continued to be classified as loans to individuals and private
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Industrial turnover drops by 14.4 pct in October
EconomyMacroeconomyof 10.7 percent in August, Hellenic Statistical Authority (ELSTAT) data published on Friday showed... manufacturing sector. After a brief uptick in previous months, the latest data signalled the sharpest... the fastest since data collection began in May 1999. Finally, according to the European Commission’s
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Newsletter 280 -15/01/2020
in Dec Data shows 34,621 fewer jobs created in 2020 The employment balance was positive with 2,116 more hirings than firings in December, data from the Labour Ministry’s Ergani information system... percent in November, Hellenic Statistical Authority (ELSTAT) data showed this week. In December 2019
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Unease over political pressure on experts accompanies rumours of stricter lockdown
PoliticsGreek PoliticsThe worsening epidemiological data in the greater Athens area as well as in the cities... level of vigilance and said that high volumes of credible testing data and improved measures would... that non-medical parameters (for example economic data) were being increasingly used to inform
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Industrial turnover drops 3.5% in December as overseas markets hit
EconomyMacroeconomyfrom a year earlier, compared with a revised drop of 2.5 percent in November, according to data... in the same month, according to previously released data from the statistical authority. Still, survey data for January indicates that people in the sector remain hopeful. Greece’s manufacturing PMI
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