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Economic sentiment, consumer confidence down for third straight month in May
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued heading south for the third successive month in May, when it fell by 1.3 points to 91.4 in May from 92.7 in April, according to the European Commission. The May figure is the lowest reading since December 2013. Since the beginning of 2015, ESI has dropped
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Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 399 million euros month-on-month (MoM) in May, the monthly... the year so far. The movements in May largely reflect a fall of 397 million euros in European Central Bank... funding in May came to 8.07 billion euros as mentioned, along with ELA funding totalling just 1
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EU-Turkey refugee agreement: A life saver or a dud?
Agoraof a cash boost to provide better conditions for more than 2.2 million refugees in Turkey may prove... underlined its own diplomatic immaturity by allowing critical remarks about Turkey, including a reference... leaders may be in over their heads when it comes to negotiating with Turkey. Those who think
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Newsletter 62 - 12/02/2016
department, in a blog post published on Thursday evening. Thomsen reiterated the remarks by IMF chief... the country. So far, they have rejected government calls for talks. Yet, the farmers may soon have to come... matches August’s for being the lowest jobless reading since May 2012. The number of employed increased
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Summit to usher in a new stage of EU-China relations
Agora. There has been a salvo of critical remarks that the Italian government signed a Memorandum... for this summit? Interestingly, despite low expectations, the summit may actually turn out... relationship with China, this event may help it reinforce its international standing for at least two reasons
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Overflights spat marks resumption of Greek-Turkish tension
PoliticsForeign Policyof Gokceada (Imvros) on 16 May 2022 and to the west of (the Eastern Thrace city of) Enez on 17 May 2022. The Turkish Air Force reacted to these provocative violations on 18 May 2022, based on reciprocity... Ministry of Foreign Affairs in its statement dated 20 May and we strongly condemn the Greek violations
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SYRIZA's coalition options scrutinised as Tsipras remains focussed on first place
PoliticsGreek Politicsthe May 21 elections is being scrutinised after seemingly contradictory remarks by the left-wing party... is that SYRIZA will seek to form a governing coalition if it comes first on May 21, contrasting... coalition if it comes first on May 21. Although there does appear to be some inconsistency between
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Mitsotakis heads on diplomatic tour of key capitals carrying vital questions
PoliticsForeign Policyincludes Rome, Berlin, and, finally, New York. His visit to Rome on May 12 has been long overdue... of the highest strategic importance” and “a valuable and important NATO partner.” His remarks reaffirm Berlin... will likely surface again in Mitsotakis’ discussions with Merz on May 13 in Berlin. While migration
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Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 15.9 percent in May, from a revised... on Tuesday. The unemployment rate in May last year was 16.8 percent. This May, employment increased... by roughly 140,000 people. Total employment in May was close to 3.9 million people. ELSTAT explains
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Record travel receipts and narrower trade deficit reflected in current account up to May
EconomyMacroeconomyGreece’s current account deficit narrowed in May to 960.2 million euros, from 1.39 billion euros in the previous month, Bank of Greece (BoG) data released on Tuesday showed. In May 2025, the balance... came to 2.11 billion euros in May, from 2.36 billion euros in the same month last year. Total imports
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