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H1 results for Greek corporates show signs of pandemic biting
EconomyCorporatesto a profit of 5.7 million in H1 2019. Fourlis Group has reported that their net results for the first
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Industrial production drops by 0.2 percent in July
EconomyMacroeconomyhas fallen by 16.1 points. In addition, Markit’s PMI for August increased to 49.4 points from 48.6
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Athens encouraged by Med7, Macron support in Turkey dispute
PoliticsForeign PolicyThe Greek government is satisfied with the outcome of the Med7 summit in Corsica, chaired by French President Emmanuel Macron, who has taken a leading role in efforts to rally opposition to Turkey’s actions in the East Med. Macron reiterated his support for Greece and Cyprus, calling for a “strong
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Building permits rise by 17 pct in June
EconomyMacroeconomylast year, construction confidence has increased by 11.4 points.
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Mitsotakis seeks to reassure on foreign policy, spending plans
PoliticsGreek Politicshas created a tension with delivering on key spending pledges in other areas. Pressed on the subject
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New tax debt at 2.53 bln to May, up by 96 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 96 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.53 billion, lower than the figure for the same period last year by 19.3 percent. In April, the increase in new tax debt
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Turnover in services shows year-on-year deteriorations in Q2
EconomyMacroeconomyimproved by 5.4 points month-on-month to -28.8 points. Year-on-year, the service confidence indicator has
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Overdue social security contributions rise to 37 bln in Q2
EconomyMacroeconomyfrom 346.2 million in Q2 2020. Overall, KEAO has collected revenues of 6.28 billion since 2013
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Primary cash deficit at 5.78 bln in August
EconomyMacroeconomythat during the first eight months of the current year, the PIB balance has worsened by 911 million euros
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Industrial turnover drops by 16.2 pct in July as manufacturing slows
EconomyMacroeconomyto stand at -15.5 points. Year-on-year, industry confidence has fallen by 16.1 points.
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