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New bonds drive up central government debt by 3 bln to 404.69 bln in Q2
EconomyMacroeconomyrelatively stable. FSM loans continue to make up the bulk of the total, accounting for 58 percent...-term (over 5 years) debt made up 70.5 percent of the total, while short-term (up to 1 year
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Economic sentiment up in Jan, consumer confidence plunges by 6 pts
EconomyMacroeconomydropped sharply by 5.6 points to 37.7. Services confidence is now over 21 points up on the rolling... February last year. Construction confidence remained in positive territory at 22.1, up strongly by 5.7 points from the previous month. The index is currently up by 12.5 points on a rolling 12-month
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Kasselakis takes up leadership challenge as SYRIZA struggles to retain credibility
PoliticsGreek Politicsby calling on them to put up a candidate to run against him in a leadership vote. The mood ahead... identity without consulting with the appropriate organs. The tension was ratcheted up when former party... leader seeking a fresh mandate. Kasselakis picked up the gauntlet thrown down by his predecessor
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Parties gear up for vote on bill permitting private universities
PoliticsGreek Politicsdisagree. The proposal to allow foreign universities to set up branches in Greece, thereby bypassing... and are due to take the matter up in the European Parliament. Tsipras comments Comments made by former..., leading up to the general elections. Others in the party feel that he has only guaranteed his position
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Import price index up by 1.3 pct YoY in Mar for first rise in 13 months
EconomyMacroeconomydecrease YoY from the eurozone market. Energy prices dominate, with refined oil products up by 8.8.... The monthly movements were led by tobacco up by 4.7 percent, extraction of oil and gas at 3.3 percent... was the largest rise. Capital goods were up by 1 percent and durables at 0.7 percent. Non-durables were
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Resurfacing of Prespes Agreement troubles PM as poll picks up on protest vote
PoliticsGreek Politicsby dramatically tearing up the text of the agreement in Parliament on Wednesday. Velopoulos... the government’s nervousness about losing votes to far-right and ultranationalist parties on the run-up to June’s.... Undecided voters make up 18 pct, and a projection based on this portion gives ND 32.3 pct
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Q1 travel receipts point to bumper tourism season, balance up 25 pct
EconomyMacroeconomyto 277.5 million euros in 2023, up 34.2 percent year-on-year. Travel payments rose by 52.1 percent to 235.6 million euros. The number of arrivals in March reached 874,000, up 31.2 percent in 2023. Arrivals... million, up 30.3 percent, bringing the travel balance to 366.6 million euros, a significant increase
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Growth in vehicle registrations slows in May, up 7.7 pct in first five months
EconomyMacroeconomyby 6.2 percent annually and used cars had a decrease of 10.2 percent. The remainder was made up of lorries (2,198) down by 10 percent and buses (398) up strongly by 199.2 percent. Motorcycle sales... risen by 7.7 percent annually. Passenger cars were up by 9 percent, lorries decreased by 4 percent
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Kasselakis warns of SYRIZA shake-up, as ND ousts former minister over assault video
PoliticsGreek Politicsopposition party SYRIZA looks set for another shake-up after several days of public wrangling which revealed... to be the last for these organs, as Kasselakis has already indicated that he plans to follow up... the party’s parliamentary team. Lefteris Avgenakis, who served as agriculture minister up until last
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Current account balance continues to deteriorate as deficit up to May exceeds 9 bln
EconomyMacroeconomy3.99 billion in May 2023. The impact of fuel picked up again as the oil balance reached a deficit... in 2023. The goods balance showed a deficit of 15 billion euros, up from 12.64 billion euros in 2023. The oil deficit moved up from 2.9 billion in 2023 to 3.33 billion euros in 2024. Excluding
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