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Unemployment at 16.4 pct in January
EconomyMacroeconomy. Since the peak of 1.35 million unemployed in September 2013, unemployment has shown a fall of 43.1
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Industrial production falls by 3.4 percent in February
EconomyMacroeconomy. Year-on-year, industry confidence has risen by 5.3 points. However, Markit’s PMI for March showed
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Building permits increase by 55.7 pct in January
EconomyMacroeconomyfrom -31.3 in February. Compared to the same month last year, construction confidence has increased
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Study proposes higher public spending to counter expected rise in NPLs
EconomyFeaturesThe Centre of Planning and Economic Research (KEPE) has released an analysis of the impact of the coronavirus on Greece’s non-performing loan market. The analysis looked at the possible evolution of business, consumer and mortgage loans. The measurements were made on the basis of 11 alternative
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Budget primary surplus at 595 mln in March
EconomyMacroeconomy, the aggregate figure has increased by 10 percent. Overall, net revenues amounted to 11.20 billion euros
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Primary cash balance deficit at 326 mln in March
EconomyMacroeconomymillion euros, meaning that during the first three months of the current year, the PIB balance has
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 1.14 billion euros in February compared to a deficit of 1.29 billion in January, Bank of Greece (BoG) data showed on Tuesday. In the same period last year, the deficit was 1.02 billion euros, meaning that the deficit has deepened by 122.2
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Travel balance more than double in Feb as arrivals increase by 24.6 pct
EconomyMacroeconomyGreece’s travel balance rose to 73.7 million euros in February from 33.4 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 120.3 percent year-on-year (YoY). Receipts came to 240.4 million euros for the month, increasing by 21.1 percent YoY. Travel payments
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Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
EconomyMacroeconomylast year, the aggregate figure has increased by 10 percent. Overall, net revenues amounted to 11.10
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VIDEO - The Greek economy after Covid-19
AgoraGreece has earned plaudits for tackling the Covid-19 threat to publich health but now faces a challenge in containing the impact on the country's fragile economy. Even in the best-case scenario, the recession is likely to rival the worst years of the recent debt crisis. Also, the momentum
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