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Construction market remains strong in Apr as building permits rise by 40 pct
EconomyMacroeconomyThe strong start to the year for building activity kept its pace in April, with a rise of 40.1 percent year-on-year (YoY), after a 39.8 percent increase in March, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in April
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PMI rise in Mar signals strong expansion, input costs at highest since 2022
EconomyMacroeconomyGreece’s Manufacturing PMI saw a solid rise in March, when it reached 55 points from 52.6 points in the previous month, according to S&P Global data released on Tuesday. Greek manufacturing saw strong expansion at the end of the first quarter, with production rising at the fastest pace since April
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Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun
EconomyMacroeconomyeuros in May, with strong inflows over the last few months. The outstanding balance was 126.05
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomyThe Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2026, which sees a stable growth trajectory and a strong budget performance led by tax revenues, notably indirect taxes. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct
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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Thursday the final budget for 2026, which sees growth slightly accelerating, a strong fiscal performance and a downward trajectory for the debt-to-GDP ratio. Next year’s growth is seen at 2.4 percent, from 2.2 percent this year, with private consumption
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Building activity continues strong start to 2026 with 5.4 pct YoY rise in Feb
EconomyMacroeconomy2,142 in February 2025. The corresponding surface area saw a strong rise of 42.6 percent YoY, while
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Building activity maintains strong first quarter with 22.3% YoY rise in March
EconomyMacroeconomyin March 2025. The corresponding surface area saw a strong rise of 40.7 percent YoY, while volume jumped
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4
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Covid-19 data prolongs wait for re-opening amid new clash over policing
PoliticsGreek Politicsby a policeman. The day is usually marked by demonstrations, often ending in violent clashes between... appeared to show a policeman destroying flowers that had been laid at the spot where Grigoropoulos
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Newsletter 288 - 12/03/2021
some protestors pulling a policeman off his motorcycle and beating him. The police suggested... as “appalling” and focussing on the serious injuries suffered by the policeman. We warned against
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