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PBO sees normality returning, but inflation will have multifaceted effects
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) published its latest quarterly report on Tuesday in which progress is outlined along with challenges for the Greek economy as the government starts a new term under the spectre of inflation. The PBO notes that the economy grew by 2.1 pct year-on-year (YoY
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Government launches new round of legislation with diaspora vote bill
PoliticsGreek Politicsto operate in Greece. This remains a sensitive topic and would require a change to the Greek
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Government focusses on cost of living with economy bill, push for lower ferry prices
PoliticsGreek Politicsof measures that will do little to alleviate the pressure on Greek households when the inflation rate
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Wildfires provide familiar test for government
PoliticsGreek PoliticsDemocracy MP and long-time member of conservative cabinets has hardly been remarked on in the Greek
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Growth in credit expansion slows further to 2.8 pct in Jun
EconomyMacroeconomyThe pace of credit movement in the Greek private sector continued to slow in June, rising by 2.8 percent year-on-year (YoY), from 3.1 percent in May, Bank of Greece (BoG) figures released on Wednesday showed. Last December’s growth was the highest since the summer of 2009 with 6.3 percent, however
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Minister's resignation deflates government after series of missteps
PoliticsGreek Politicsapologised and claimed that he had been asked to dance with members of the Greek diaspora
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Government pledges land register action in bid to address everyday problems
PoliticsGreek PoliticsAfter being forced to pledge action to tackle the growing sun lounger problem at Greek resorts, the government has also been prompted to adopt measures to address bureaucratic obstacles at the country’s land registry. Numerous reports over the last few days have highlighted long queues, forming
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Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
Economythe durability of progress made thus far and the resilience of the Greek economy. A crisis such as COVID-19 shows
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Credit expansion slows to 1.2 pct in July as corporate loans contract
EconomyMacroeconomyThe pace of credit movement in the Greek private sector continued to slow in July, rising by 1.2 percent year-on-year (YoY), from 2.8 percent in June, Bank of Greece (BoG) figures released on Monday showed. At 6.3 percent, last December’s growth was the highest since the summer of 2009. However
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Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY
EconomyMacroeconomyto the latest business indicators for August, the recovery in Greek consumer confidence halted in August
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