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Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
EconomyMacroeconomyGreece’s employment balance continued its recovery in May with 99,956 more hires then departures, according to data from the Labour Ministry’s Ergani information system released on Tuesday. April also had a solid positive balance of 124,365 more hirings...
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Mitsotakis aims to hit ground running as polls point to clear majority on July 7
PoliticsGreek Politicsafter the July 7 elections if New Democracy wins an outright majority, as one more opinion poll over.... Parliament is due to close on August 10 and then re-open on August 19. It is likely that the new economic... majority on July 7 regardless of whether five, six or seven parties elect MPs. The polling company
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How Greece's electoral map changed radically over 10 years
Agorapercent of its 2009 voters going to SYRIZA, 10 percent to the newly formed Democratic Left (DIMAR..., where it holds a 10-point lead. As Greece heads into snap national polls on July 7, it is beyond... unlikely the outcome of the July 7 snap elections will be materially different. The most probable outcome
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomya double-digit toll on economic activity. The forecast on contraction for this year is at -10 pct... by -8 pct, Germany by -7 pct and France by -7.2 pct. Recession in the UK will be -6.5 pct and the USA... Minister Christos Staikouras accepted that recession this year could range from 5 to 10 pct, abandoning
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Lower foreign arrivals lead to 7 pct drop in April travel receipts
EconomyMacroeconomyGreece's travel receipts fell by 7 percent in April after a short-lived rise by 8.2 percent in March, Bank of Greece (BoG) figures displayed on Wednesday. In absolute terms, travel receipts stood.... As a result, the travel surplus dropped by 10 percent to 279.6 million. The negative change in travel
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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingat 16. Nevertheless, the average value of transactions per card dropped by 10 percent to 1,781 euros... value per card transaction declined by 7 percent to 112 euros, while the respective figure for debit
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Could Greece's immigration reforms have an impact on upcoming elections?
Societynationals. As recently as 2018, 9 in 10 naturalised Greek expats and second-generation immigrants granted citizenship were Albanian nationals, as were over 6 in 10 foreign nationals granted citizenship... progress statistics, published on March 7 of this year, show that the interviews conducted in January
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Credit expansion picks up pace in Jan with 10 pct YoY rise
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in January, rising by 10 percent year-on-year (YoY), from 8.9 percent in the previous month, Bank of Greece (BoG) figures released... of 7 million in December and the balance standing at 26.36 billion euros. Consumer credit had
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Seven in 10 Greeks raiding savings to pay bills, two in 10 have no deposits
SocietySeven in 10 Greeks are raiding their savings in order to make ends meet, while two in 10 say they have no deposits at all, according to a new survey by Public Issue. As the government and the troika discuss how to cover next year’s fiscal gap and how much an already enlarged property tax will raise
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Newsletter 113 - 31/03/2017
reached in time for the next Eurogroup on April 7. Even Greek government sources speaking to the local... euros, while tax and contribution debt could be settled in up to 120 monthly instalments (10 years... months, the corporate sector has recorded cumulative marginal net deductions of 10 million, while
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