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EconomyMacroeconomy
Economic sentiment at 90.8 in July, consumer confidence slips Greece’s economic sentiment (ESI) rose by 3.2 points month-on-month in July to reach 90.8 points, European Commission (EC) figures showed on Thursday.
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PoliticsGreek Politics
PM in search of recovery fund boost as parties clash over latest Novartis episode As Prime Minister Kyriakos Mitsotakis arrived at the latest European Union summit in Brussels on Friday in the hope that an agreement would be secured on the Recovery and Resilience Fund (RRF), Greece’s domestic politics was focussed on the latest fallout from the Novartis scandal.
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EconomyMacroeconomy
EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed The European Commission slightly revised its forecasts for Greece in the interim Summer forecast released on Tuesday, compared to the Spring forecasts that were released at the beginning of May.
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EconomyMacroeconomy
Economic sentiment at 87.6 in June, consumer confidence & construction show recovery Greece’s economic sentiment (ESI) fell by 0.9 points month-on-month in June to reach 87.6 points, European Commission (EC) figures showed on Monday.
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Society
EU report sees Greek population shrinking, ageing over next decades The European Commission (EC) has released its first report on the impact of demographic changes across the bloc.
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PoliticsGreek Politics
EU funds seen as cushioning Covid-19 impact, giving govt fiscal space Greece took another step towards normality on Monday as primary schools reopened along with a range of business, including hotels and catering firms, as the number of deaths from the coronavirus reached 177.
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EconomyMacroeconomy
Economic sentiment at 88.5 in May, consumer confidence begins to stabilise Greece’s economic sentiment (ESI) fell by 10.8 points month-on-month in May to reach 88.5 points, European Commission (EC) figures showed on Thursday.
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Economy
Athens welcomes volume, form of Commission's pandemic recovery plan There was a pleasant surprise for Greece on Wednesday when the European Commission announced its proposal for a Recovery and Resilience Facility (RRF) of 750 billion euros, which will be attached to the 1.1 trillion euros multi-year fiscal framework of 2021-2027.
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PoliticsGreek Politics
Govt pushes tourism message, digests EU stimulus proposal The Greek government, which stands to gain up to 32 billion euros in grants and loans from the Recovery Fund proposed by the European Commission, continues to keep the re-opening of the tourism sector at the top of the its agenda.
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EconomyProgramme
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review The European Commission published on Wednesday the sixth report of the post-programme surveillance framework, paving the way for Greece to benefit from another round of debt relief measures.