Greek Daily News – 18/03/23

POLITICS

Greece will head to the polls on Sunday (May 21) for parliamentary elections. For the first time, Greeks living abroad will also be able to vote, on May 20, without having to return to Greece.

ECONOMY

-Consumer inflation eased for a seventh straight month to 3% year-on-year in April from 4.6% in March, marking the lowest reading since September 2021, Hellenic Statistical Authority said on Wednesday (May 17).

-About 90,000 of the total 123,000 new jobs created in April related to accommodation and food service, Ergani data showed.

-The value of card fraud incidents increased by 21% in 2022, from 13.4 million in 2021 to 16.2 million euros, according to figures from the Bank of Greece.

-Greece has secured 24 million euros in EU funds to upgrade the port of Alexandroupolis, privatisation agency HRADF said on Wednesday (May 18).

CAPITAL MARKET

The Greek state raised on Wednesday (May 17) 400 million euros from auctioning 10-year and 15-year bonds, while bids reached 2.187 billion euros. Greece has raised 6.7 billion euros from bond auctions so far this year, very close to the 7.0 billion euros target for the year, AMNA reported.

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