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EconomyMacroeconomy
Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours Greece’s economic sentiment (ESI) declined further by 3 points to 101.1 in July, after dropping by 3.7 points in June, according to European Commission figures released on Thursday.
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PoliticsGreek Politics
Govt presents menu of energy proposals in Brussels as power subsidy cost balloons Athens continues to press for solutions to the energy crisis at an EU level as the cost of domestic subsidy programmes skyrockets, threatening to cut further into the budget.
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PoliticsGreek Politics
Rule of law and media freedom in spotlight after arson attack and European Commission report The publication of a European Commission report raising the issue of threats to the practice of journalism in Greece on the day that the headquarters of a Greek media group were targeted in an arson attack highlights the troubled relationship between the media and politics in the country.
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EconomyMacroeconomy
Economic sentiment drops by 3.7 pts in June as all components deteriorate Greece’s economic sentiment (ESI) declined by 3.7 points in June, dropping to 104.3 points, following a recovery of 2.9 points in May, according to European Commission figures released on Wednesday.
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EconomyMacroeconomy
Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts Greece’s economic sentiment (ESI) recovered by 2.9 points in May, rising to 108, after dropping sharply by 7.9 points in April, according to European Commission figures released on Monday.
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EconomyProgramme
Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead The final report linked to the reviews that formed part of the enhanced surveillance framework Greece has been operating under since the summer of 2018, was released yesterday, signaling the end of another chapter in the Greek crisis.
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EconomyMacroeconomy Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct In its spring forecasts, published on Monday, the European Commission incorporated the impact of the conflict in Ukraine on the growth outlook for the eurozone, with the Greek growth rate for this year now revised down to 3.5 pct, from the 4.9 pct included in the winter forecast published in February.
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PoliticsGreek Politics Much riding on EU approval of plan to cap energy prices The government is hoping to receive approval from the European Commission for its plan, set out by Prime Minister Kyriakos Mitsotakis in a recent televised address, to cap energy prices for consumers – a policy that is the main weapon in New Democracy’s bid to fight back against the cost-of-living crisis and its political opponents.
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EconomyMacroeconomy
Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023 The Greek authorities submitted to Brussels last week the Stability Programme for the 2022-2025 period, in which the impact of the cost-of-living crisis and the fallout from the conflict in Ukraine are reflected.
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EconomyMacroeconomy
Economic sentiment drops sharply in Apr, consumer confidence hits lowest since 2017 Greece’s economic sentiment (ESI) dropped sharply by 7.1 points to 105 points in April, following a 1.9-point decline in March, according to European Commission figures released on Monday.