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Electricity and manufacturing boost industrial production for 6.7 pct growth in June
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in May following a significant rise of 6.7 percent year-on-year (YoY), after an upwards revised 11.7 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. The index now has just one
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Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance
Economy+’. Scope has a rather modest growth outlook, with growth this year expected at 2 pct and 1.8 pct
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Strong tax performance and underspend push 6M primary surplus to 1.7 bln above target
EconomyMacroeconomybillion euros. Greece also received 159 million euros from the RRF and has allocated 775 million euros
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Cyprus invasion anniversary generates new friction in Greek-Turkish relations
PoliticsForeign Policyof Cyprus’ reunification is not new. What has changed, however, and in fact significantly, in recent years
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Government seeking to tie up loose ends before summer break
PoliticsGreek Politics) rules. The bill regarding changes to mental health facilities in Greece has attracted criticism from
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Primary surplus reaches 2.91 bln in Jun as VAT and corporate tax lead revenue outperformance
EconomyMacroeconomyis in a roughly 1.6 billion euros deficit. Greece has also received 159 million euros from the RRF
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Led by energy, producer prices drop by 0.7 pct YoY in June
EconomyMacroeconomyand has been in contraction since, although most of the base effects had been wearing off. Month-on-month
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Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
EconomyBankingof 2023 profits. The bank has also communicated its intention to distribute to shareholders 1.1 billion
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Utilities and energy drive industrial production rise of 9.5 pct in June
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in June by 9.5 percent year-on-year (YoY), after a 6.8 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The index now has just one negative reading in March this year since August
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Primary balance 4 bln above target in Jul due to underspend and tax performance
EconomyMacroeconomyat a deficit of roughly 3.2 billion euros. Greece also received 159 million euros from the RRF and has
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