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H1 results for Greek corporates show signs of pandemic biting
EconomyCorporatesquarter of 2020, showing a drop of approximately 80 percent compared to the aviation fuel sales... and impairment of non-operating property for sale, EBITDA came to 72.3 million. The drop in EBITDA stemmed... million in the same period last year. Revenue growth was driven by a continued strong demand,across
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Newsletter 267 -02/10/2020
, the base at Souda is being upgraded. This is related to Washington’s clear desire to still have a strong... in July Monthly reading marks fifth drop in as many months The corresponding volume index also fell... revised drop of 3.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed this week
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OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
Economypercent in 2021, picking up to 6.6 percent in 2022. This is a notable drop from the previous outlook’s projection of a drop in GDP of between 8 to 9.8 percent. Private consumption is seen shrinking... improve substantially and if take-up of loans from the EU Recovery and Resilience Facility is strong
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Newsletter 308 - 17/09/2021
the first quarter of 2011. The drop is led by a sharp increase in employment by 8 pct, to 3.92 million... to drop, standing at 61 pct of total unemployed. July unemployment The monthly unemployment for July... in June, even though it is gradually slowing down from the strong annual rebound of April 2021, which
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How economic sanctions on Russia could affect Greek economy
Agoraexporters, particularly those in the north of Greece which have maintained strong ties to Russia..., it estimated that a 10 pct drop in income from visitors translates into a 1 pct drop in GDP. Golden
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In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
EconomyMacroeconomyby a 21.5 percent drop in mining and quarrying index, a 6.7 percent decrease in the Electricity Supply Index, followed by 0.02 percent drop in water supply. These were offset by a 2.6 percent increase... and inflationary pressures remain strong. The inflation of input prices eased to the lowest in six
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Newsletter 340 - 03/06/2022
, adding, “we have strong allies and of course we have invested even more in our deterrence, so... on the economic outcome of 2022. MacroeconomyCharts of the weekEconomic sentiment Following a sharp drop... to summer 2017. The most notable drop was in construction, where confidence plummeted by 19.3 points
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Newsletter 341 - 10/06/2022
close to pre-Covid levels, marking a strong season for the vital tourism sector. There is a feeling... contraction was led by a drop in services exports, which decreased by 5.4 percent QoQ. Exports of goods dropped by 0.3 percent QoQ. Import decline was due to a 5 percent drop in goods and 8.9 percent in imports
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Despite PMI rise of 0.9 pts in Sept, manufacturing stays in contraction for third month
EconomyMacroeconomy, as continued drop in new orders led to a solid drop in output. The weak client demand that depressed.... There was a strong fall in new orders, similar to the one seen in August, with the rate of contraction above
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Newsletter 354 - 07/10/2022
-right party. Firstly, its share of the vote could drop significantly compared to the 2019 election... on Monday, and it contains some strong indications about the government’s crisis management policies..., led by a continued drop in new orders. Weak client demand is attributed to higher selling prices
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