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Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
EconomyMacroeconomy. The inflationary effects are reflected in volumes, with fuels up by 2.8 percent, a 2.9 percent drop in foods...-on-year (YoY), after a drop of 1.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index recorded a drop of 3.4 percent. Sales volumes have been
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Newsletter 458 - 04/04/2025
on Wednesday. The plan includes 26 bln euros of procurement at a rate of 2.16 bln euros annually up until... personnel. Several prominent politicians and cabinet ministers followed up with calls for equivalent... that was taken up by more than a dozen MPs. The PM’s office was reportedly angered by the public comments
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Greece sees travel receipts shoot up by 35.8 pct in April
EconomyMacroeconomythe highest rise (up 35.6 percent), followed by the US (up 35.2 percent) and the UK (up 29.4 percent... Tourism Enterprises (SETE) stepped up last month its estimate for 2014 international tourist arrivals... for scheduled flights (up 25 percent to 15.8 million) and a rise by 750,000 of tourist arrivals in Athens
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Tsipras gears up for internal battle, sets priorities for summer
PoliticsGreek PoliticsParliament. Tuesday’s leaks are essentially a challenge to Lafazanis and co to put up or shut up... and fairness despite being forced to sign up to a new bailout. This line could be particularly useful for Tsipras in the run-up to August 20, when the next Greek bond held by the European Central Bank
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Tsipras weighs up options amid concern about mired talks
PoliticsGreek Politics. The prime minister is due to follow this up with a visit to the small island of Nisyros on Tuesday... with the creditors. This effort is due to be stepped up on Friday, when Tsipras will have a working... needs. Review stand-off The International Monetary Fund’s apparent decision to give up pressuring
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Central government debt edges up to 326.5 billion in Q1
EconomyMacroeconomy) stayed stable QoQ at 56.63 billion, making up 17.3 percent of the total debt. Of this amount, 38.6... Investment Bank (EIB), edged up by around 100 million to 7.58 billion, while loans held by the Bank... breakdown by residual maturity showed that long-term (over 5 years) debt made up 79.2 percent of the total
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Tsipras fails to halt strike as domestic political battle heats up
PoliticsGreek Politics. In the meantime, a process to make up to 2,500 permanent hirings is to begin. Despite the fact.... However, with rubbish piling up on the streets of Greek cities and temperatures due to exceed 40.... New Democracy and its leader Kyriakos Mitsotakis have pushed the law and order issue up
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Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
EconomyMacroeconomyGreece's travel receipts rose by 14.2 percent in June, picking up pace from the growth of 1.7... in receipts can be fully attributed to an increase in foreign arrivals, which went up by 13 percent in June to 3.4 million. Additionally, the average expenditure per trip went up by 1.6 percent to 589
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Import price index shoots up by 31.8 pct as oil and natural gas soar by 25 pct MoM
EconomyMacroeconomyGreece’s import price index shot up by 31.8 percent year-on-year (YoY) in January, from a rise... reached its highest level of late, increasing by 23.4 percent, up from 20 percent in the previous... products up by 66.5 percent. Basic metals followed with an annual increase of 31.4 percent. Computer
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July trade deficit of 3 bln takes total to 20.67 bln, up by 65.6 pct YoY
EconomyMacroeconomy, the aggregate deficit was up by 45.2 percent, at 14.85 billion euros. Up to July, imports from EU countries were up by 21.1 percent to 22.54 billion euros, while imports from non-EU markets were up by 81.2... euros, and non-EU exports were up by 42.4 percent at 14.16 billion euros.
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