GREEK NEWS

Eurostat: Greek inflation rate at 1.0 pct in September

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Year-on-year inflation in Greece rose to 1.0 pct in September 2017 compared with 0.6 pct in August and -0.1 pct a year earlier, according to data released by Eurostat on Tuesday.

In the euro area, annual inflation was at 1.5 pct in September compared to August.

At an EU level, annual inflation was at 1.8 pct in September, down from 1.7 pct in August...

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Passenger traffic in Greek airports up 9.4 pct in January-September

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Passenger traffic grew 9.4 pct in the January-September period totaling 48.2 million passengers, 4,129,480 more compared with the same period in 2016, Greece’s Civil Aviation Authority said on Monday.

In a report, the authority said that international flights grew 4.5 pct in the nine-month period. The number of scheduled flights in Greek airports...

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Government will achieve budget targets again this year, says Alt. FinMin

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The government will achieve the targets for the budget this year, Alternate Finance Ministry Katerina Papanatsiou told parliament on Monday, responsing to a question tabled by New Democracy MP Kostas Katsafados.

Katsafados expressed his concern for the implementation of the state budget, noting a deviation of 2.3 billion euros in the data for...

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Alt. FM Katrougalos: Brexit may offer opportunities for Greece

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Brexit may translate into opportunities for Greece, as well as risks, Alternate Foreign Minister for European Affairs George Katrougalos said on Monday, relaying the prevailing atmosphere at a broad ministerial meeting that he convened on Monday at the foreign ministry. Participants included the ministers of labour, shipping, tourism, citizen...

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Greek budget shows primary surplus of 4.502 bln euros in January-September

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The Greek budget showed a primary surplus of 4.502 billion euros in the January-September period, up from a surplus of 3.806 billion in the same period last year and a budget target for a surplus of 4.556 billion.

The finance ministry, in a report on provisional budget execution data, said that on an amended cash basis, the state budget showed a...

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Greek privatisation agency HRADF names new CEO

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Hellenic Republic Asset Development Fund (HRADF) announced its Board of Directors was reconstituted into a body at a meeting on Monday, following the resignation of the Managing Director of the Fund Antonis Leoussis, thanking him for his contribution to the Fund’s work from March 2015 up to the present day.

Riccardo Lambiris was appointed as the...

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TAP completes delivery of steel pipes to build pipeline

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The last delivery of steel pipes to build a Trans-Adriatic Natural Gas Pipeline (TAP AG) reached Thessaloniki in October 10, signalling the completion and full delivery of all steel pipes to the countries hosting the pipeline.

A company announcement said that all 55,000 steel pipes were delivered in a period of around 18 months. The first delivery...

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Visitors, revenues to museums and archaeological sites up in Jan-Jun

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Visitors and revenues in Greek museums posted a 19 percent and 26.1 percent rise respectively in June 2017 compared to the same month in 2016, the Hellenic Statistical Authority (ELSTAT) said on Monday.The number of free admission visitors in June increased by 56.2 percent.

Visitors to archaeological sites posted a 20.9 percent rise and revenues...

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