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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyThe International Monetary Fund published this week its latest global macro and fiscal forecasts in the context of the annual meetings held in Washington. For Greece, the outlook remains positive although the IMF has a slightly more moderate take than the Greek authorities. The Fund sees the Greek
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Industrial turnover continues to slide with 1 pct YoY drop in Aug
EconomyMacroeconomyGreece’s industrial turnover dropped further in August, with a decrease of 1 percent year-on-year (YoY), from a 1.8 percent drop in July, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. Turnover has now been in contraction for six months this year. On a rolling
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Current account deficit improves significantly, reaching 6.62 bln up to Aug
EconomyMacroeconomyexports came to 3.28 billion euros, from 3.62 billion in August 2024. The impact of fuel has
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BoG cautiously optimistic on economy and banking sector
EconomyGreece’s economy and banking system are holding firm against global headwinds, according to the Bank of Greece (BoG)’s latest Financial Stability Review. While growth has slowed slightly, the report paints a picture of a country on stable footing, supported by strong fiscal performance
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Greece working on plan for multilateral talks in East Med
PoliticsForeign Policy’ Council. Fidan has not responded either positively or negatively to the proposal. The Greek Foreign
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Piraeus Bank profits at 815 mln in 9M, fees income at 489 mln
EconomyBanking2024. The bank has already started the distribution of 2025 profits with a 100 million euros share
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Greece’s 14–29s: Ambitious, anxious and lacking trust
Societytranslate into opportunity. Digital life has become central to how young Greeks spend their days and form
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Ionian gas deal strengthens government's aspiration of becoming US energy gateway
PoliticsGreek PoliticsGreece has taken a decisive step onto the global energy stage, signing a landmark offshore gas exploration agreement with ExxonMobil, Energean, and HelleniQ Energy during the opening day of the sixth Partnership for Transatlantic Energy Cooperation (P-TEC) forum in Athens on Thursday. The deal
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Budget underspend carries on in Oct as taxes continue to outperform
EconomyMacroeconomytarget by 257 million euros. Greece has received 1.35 billion euros from the RRF.
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EC autumn forecasts project stable growth and fiscal outlook
EconomyMacroeconomydemand will stay elevated due to the high import content of investment projects. While Greece has shown
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