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Newsletter 481 - 24/10/2025
the monument as a political tool or to divide society,” he said. Dendias’s remarks echoed those of President... and 2023, with the decline significantly exceeding the drop in productivity, implying a redistribution... Industrial turnover continued its slide in August with a drop of 1 pct year-on-year (YoY), from 1.8 pct
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Newsletter 488 - 12/12/2025
of democracy. Their remarks suggested that the farmers’ mobilisation is part of a wider narrative... The drop in Greece’s trade deficit accelerated in October with a 18.4 pct YoY drop, from 13.6 pct seen... of imports and 4.25 billion in exports. Stripping out the value of oil and ships, the drop in the trade
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April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
EconomyMacroeconomy(ELSTAT) data revealed on Friday. The headline figure is the sharpest drop in the index since... percent decrease in the mining and quarrying index, followed by a drop off 11.3 percent in manufacturing and a drop of 4.7 percent in the electricity supply index. An increase of 2.5 percent
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Fuels head 1.7 pct YoY drop in retail sales for Nov as volumes drop again
EconomyMacroeconomyGreece’s retail sales resumed contraction in October with a drop of 0.6 percent year-on-year (YoY), after an increase of 1.7 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index had another decline of 1.5 percent YoY. Volumes have now
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Sharp drop in corporate deposits drives 5.18-bln-euro drop in Jan
EconomyMacroeconomyThere was a significant movement in the Greek banking system’s private sector deposits during January, with a net drop of 5.18 billion euros, after a jump of 6.33 billion euros in December, according to the latest Bank of Greece (BoG) figures released on Thursday. December has a strong seasonal
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Unemployment drops to 16.8 pct in July
EconomyMacroeconomymonth, a drop of 8.2 percent. On an annual basis, the number of unemployed fell by 31,386 or 3.9 percent... down by age group, the largest annual drop in unemployment was seen in the 45-54 years age group... had been lower than usual due to the pandemic. The latest available data from the Labour Ministry’s
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Newsletter 465 - 06/06/2025
, but with a noticeable drop to 22.4%. This decline signals a generational departure from traditional political... are the drop in rents taxation, changes in the tax scale and a gradual reduction in objective taxation... that the eurozone average, and the fiscal picture remains strong. As usual, the report for Greece names
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Drop in industrial production accelerated in November with 6.1 pct decline
EconomyMacroeconomyThe drop in the Industrial Production Index (IPI) accelerated in November to 6.1 percent following... percent), July and August recording the highest drop (7.6 – 7.8 percent), while the other monthly readings showed a mid-single digit drop. IPI has only had only four positive year on year (yoy) readings
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Building activity suffers larger drop of 30.9 pct in November
EconomyMacroeconomypercent, while surface and volume recorded a slower drop, -16.4 and -10.3 percent respectively. According to the regional breakdown, the highest drop in November was posted in West Macedonia (down 51.2... to 16,400 in 2013 from 65,500 in 2008, almost three times the GDP drop in this period. Unlike other
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Drop in Greek CPI decelerates again to 2.1 pct in March
EconomyMacroeconomyThe drop in the Greek consumer price index (CPI) decelerated for the second straight month to 2.1... to the rate posted in February, when it had recorded a sharp drop from the January figure of 2.8...). It is noteworthy that none of the twelve main groups and services showed any MoM drop in prices in March
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