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Travel balance more than double in Feb as arrivals increase by 24.6 pct
EconomyMacroeconomyGreece’s travel balance rose to 73.7 million euros in February from 33.4 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 120.3 percent year-on-year (YoY). Receipts came to 240.4 million euros for the month, increasing by 21.1 percent YoY. Travel payments
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Digital investments could provide long-term GDP boost, study finds
EconomyFeaturesof information and communication technology (ICT) human capital. Greece’s ICT sector is less than half
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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economythe longest across Fitch’s sovereign rating universe. The recent decision of the ECB to include GGBs
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Survey reveals how Greeks are coping with lockdown
Society). In a positive sign for Greece’s working culture, 26.2 percent of respondents said that they were
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The Agora podcast - Trailer
Agorapolitical, economic and social developments in Greece. But our podcasts will also look at what’s
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April sees lowest hiring balance on record as pandemic bites and 233,626 fewer jobs offered
EconomyMacroeconomyThe employment balance edged into positive territory in April with 7,205 more hirings than firings, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 103,690 more people fired than hired. Ergani noted that there were 233,626 fewer
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Trade deficit declines by 7.9 pct in March
EconomyMacroeconomyGreece’s trade deficit fell by 7.9 percent year-on-year (YoY) in March compared to no change YoY in February, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed. The deficit came to 1.79 billion euros for the month. Imports totalled 4.28 billion euros, showing a drop
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CPI drops by 1.4 pct in April
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) dropped by 1.4 percent year-on-year (YoY) in April compared to no change in March, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The headline figure is the lowest since March 2016 when a decline of 1.5 percent was registered. The average CPI
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Building permits increase by 64.3 pct in February
EconomyMacroeconomyworst reading in the indicator’s history after the record low of -77.4 points noted in August 2011
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Study suggests 1 in 3 employees could work remotely
EconomyFeatureswork from home. Based on data from 2019, KEPE analysed how much of Greece’s workforce had
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