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RRF promise fades as growth outlook weakens
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Trade deficit drops sharply in Oct, down 6 pct in 10M
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Consumption and investments drive Q3 GDP growth of 2 pct YoY
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Quarterly unemployment eases to 8.2 pct in Q3, lowest since end-2008
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OECD sees sustained growth of 2.2 pct in 2026, challenges persisting
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Unemployment stable at 8.6 pct in Oct
Labour Ministry publishes latest pension breakdown
The Labour Ministry's bulletin of the Computer Centre for Social Security Services (IDIKA) published on Sunday for the first time since the summer of 2015. The bulletin showed that a total of 4.55 million pensions were paid in December 2016, totalling 2.34 billion euros. This means that the annual pension cost for social security funds stands at 28.11 billion, or 16 percent of GDP.
The IDIKA monitors monthly payments to pensioners and provides useful information for pension costs in Greece.
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