GREEK NEWS

Revenues, visitors to museums, archaeological sites up in Jan-Sept 2017

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Visits to Greek museums and archaeological sites in September 2017 jumped 13 pct and 12.1 pct, respectively, in comparison with the same month in 2016, the Hellenic Statistical Authority ELSTAT reported on Monday.

The increase in total visitors to museums included a 11 pct hike in free-admission visitors, while museum revenues increased by 15.8 pct...

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Greece-FYROM energy relations are about to be significantly upgraded

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Greece-FYROM energy relations are about to be significantly upgraded with infrastructure that will make Greece a key factor in the energy supply of the neighboring state and the wider region.

The new projects include the construction of a gas pipeline from Thessaloniki to Skopje and the upgrading of the electricity interconnection of the two...

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FinMin: Current rules will remain the same for electronic foreclosure auctions

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Nothing will change in current legislation when foreclosure auctions are processed exclusively online, Finance Minister Euclid Tsakalotos clarified in Parliament on Friday, during the introduction of an amendment related to the omnibus bill.

The amendment also specifies that all property and asset auctions for outstanding debts to the state will...

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Greek annual inflation rate rose by an average 1.1 pct in 2017

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The Greek annual inflation rate rose by an average 1.1 pct in 2017, after recording a 0.7 pct increase in December, Hellenic Statistical Authority said on Friday.

The statistics service, in a report, said that the consumer price index grew 0.7 pct in December compared with the same month in 2016, after a zero change in the 2016/2015 period, and...

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Hellenic Statistical Authority: Greek import price index up 5.8 pct in November

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The Greek import price index in the industrial sector grew 5.8 pct in November compared with the same month in 2016, after a 3.1 pct increase recorded in the 2016/2015 period, Hellenic Statistical Authority said on Friday.

The statistics service, in a monthly report, attributed this development in so-called imported inflation to a 0.6 pct increase...

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Greek stocks ended higher in the Athens Stock Exchange on Friday

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Greek stocks ended higher in the Athens Stock Exchange on Friday, pushing the general index of the market above the 850-point level for the first time since July 20, 2017. The index rose 0.49 pct to end at 851.12 points, off the day’s highs of 854.27 points. The index ended the week with a net gain of 2.58 pct, rising 6.08 pct so far this year.

The...

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President Pavlopoulos stresses need to support small- and medium-sized enterprises

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New small- and medium-sized enterprises (SMEs) recorded an annual increase of 20.63 pct in 2017, according to the General Commercial Registry, while company closures dropped 66.14 percent.

The figures were presented in a meeting between President of the Hellenic Republic Prokopios Pavlopoulos and the new administration of the Athens Chamber of SMEs....

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New Athens Crafts Business Chamber board visits Greek president Pavlopoulos

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Small and medium-sized enterprises must be supported as the backbone of the Greek economy, Greek President Prokopios Pavlopoulos said on Thursday after a meeting with the new board of directors of the Athens Crafts Business Chamber at the presidential mansion.

The board members briefed the president on its activities to support members’ businesses a...

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