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Mitsotakis eyes majority in second vote as SYRIZA reels from crushing defeat
PoliticsGreek Politicsis sticking to his belief that Greece needs a strong single-party government rather than a coalition..., most of the headaches following the May 21 result will be felt in the SYRIZA camp after the left... leader, the result also suggests that SYRIZA time as the main opposition party may come to an end
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Tsipras identifies failings, tries to rally SYRIZA as Androulakis attempts to tread own path
PoliticsGreek Politicstheir choice in the last days before May 21 or even on the day of the election. While the observations... will also have another goal during this campaign, even though party officials may not speak about... went on to blame SYRIZA for the fact that New Democracy received such strong support on Sunday
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Economic sentiment slides further in April, consumer confidence lowest in four years
EconomyMacroeconomythe -1.5 points of May 2025. Construction confidence had a strong rebound, up to 32.4 points from 21.5... the rolling 12-month period, April’s ESI was one point below May 2025. The average ESI in the EU... basis, from -42.7 points in May 2025. The Employment Expectations Indicator (EEI) also deteriorated
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After ND congress, Mitsotakis sets course and Tsipras sets date
PoliticsGreek Politicsand sharpen its message to undecided voters. In the meantime, Alexis Tsipras has now fixed May 26..., a continuation of a long‑term plan for “a strong Greece in 2030”. Internal tensions However, the congress also... landscape, it remains the only stable, reliable governing force. May 26 launch Alexis Tsipras’s
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Greek trade deficit shrinks by 4.4 pct in October on back of strong exports
EconomyMacroeconomyAfter a sharp rise by 34.2 percent in September, Greece’s trade deficit narrowed by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT). The absolute figures show that the October trade deficit stood at 1.77 billion after re...
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Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity
EconomyGreek shares rebounded 7.7 percent this week for the first time in the last four weeks amid a jump in trading activity triggered by the introduction of new NBG shares last Monday and indices rebalancing. The Eurogroup Working Group (EWG) tentatively app...
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IMF sees contraction of 0.6 pct this year before strong rebound in 2017
EconomyThe International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday. The fund expects Greece to return to growth in 2017 after contracting further this year. In particular, GDP is s...
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Wages index sees strong rebound of 4.6 pct in Q2
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index increased for the third straight quarter at a notably accelerating pace of 4.6 percent in the second quarter (Q2) of 2016 following a rise by 0.7 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures dis...
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Greek stocks climb 4.3 pct on week, banks’ strong performance continues
EconomyThe Greek stock market rebounded strongly by 4.3 percent this week mainly led by solid gains in banks, also accompanied by an increase in trading activity. The positive market performance was triggered by a drop in the Greek government bond yield to 6.7...
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Budget primary surplus to Nov reaches 7.4 bln on continued strong revenue performance
EconomyMacroeconomyGreece’s budget primary surplus climbed to 7.45 billion euros in the 11-month period of 2016, up by 71.7 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Wednesday. The headlin...
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