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Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
EconomyMacroeconomynegative by 25,804 more firings than hirings
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Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
EconomyMacroeconomyGreece’s central government debt increased by more than 6 billion euros in the first quarter of 2022 to 394.55 billion euros, from 388.34 billion euros in the final quarter of last year, the Finance Ministry's (MoF) debt bulletin showed on Thursday. The current QoQ change is the tenth consecutive
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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March
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Travel balance surplus more than doubles YoY in Jan
EconomyMacroeconomyGreece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. January's balance was over 106 percent higher than the 54.6 million euros recorded in January 2023
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total
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Coalition agrees policy framework: Purpose unclear, impact doubtful
![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/24/samarasgroup_1000_myrto_1710-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
PoliticsGreek Politicsfor their administration. However, as the accord comes more than a year after last summer’s fractious elections... of much of the paper’s contents makes it doubtful whether it can serve anything other than a very.... Venizelos consistently voiced his anxiety about the failure to rubber stamp this agreement, especially
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Public deficit and democratic duty
Agorato suggest that Greece’s deficit was inflated so it was bigger than Ireland’s, triggering an international... in the build up to Greece turning to the eurozone and the IMF for a bailout is far more sinister than just... basically run the show and democracies become a kind of rubber stamp because people don’t understand what’s
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Samaras seeks vote of confidence and moment of history
Agorafew days that the New Democracy-PASOK administration was counting its remaining days, rather than... of November 2011 when George Papandreou asked for a vote of confidence to rubber stamp his departure... legislation to Parliament with more chances of it passing. More than anything else, though, it gives Samaras
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Greece: Where did it all go wrong?
AgoraCommission’s statistics agency, Eurostat, would rubber stamp the figures. After all, Europe’s fingers... with no penchant for reforms or anything other than picking a fight with SYRIZA. The removal..., the International Monetary Fund would retain a role rather than bringing a successful end to its cooperation
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Greek reform proposals set for broad approval but include some political obstacles
PoliticsGreek Politicsprocurements. It is in the area of the media, however, where the coalition has plans to go much further than... the government indicates that it is aiming to stamp out early retirements and various loopholes... rather than attempting to put it to a vote in Parliament. There is no doubt that if the SYRIZA-led
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