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Lowest income groups in Greece saw wages drop and taxes rise most during crisis
SocietyLower income groups in Greece saw their tax burden increase by 337.7 percent from 2008 to 2012... percent from 2008 to 2012, the bottom three income groups saw their earnings from wages sink the most...) was in the 5th decile while those at the top saw their wage income fall by 9.3 percent. It also finds
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Newsletter 121 - 02/06/2017
International Airport SA offer to extend 20-year concession Greece’s economic sentiment (ESI) fell... Commission (EC) figures showed. The ESI settled at 93.2 in May, which is the lowest reading since February... is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions
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Industrial turnover records five months of contraction after 6.2 pct drop in Aug
EconomyMacroeconomymonths, to -1.3 pints after a rise of 2.6 points in the previous month. Since October last year, industry confidence has risen by 4 points. Overall, economic sentiment (ESI) recorded a drop of almost 3
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More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
Economyexceeding 70 percent. Overall, nine out of ten companies saw a decline in their revenues with the overall
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The year that Greece (nearly) saw it all
Agorathe eurozone many more. They saw SYRIZA come to power from virtually nowhere a few years earlier
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Newsletter 83 - 22/07/2016
percent to 22.39 million. It is worth noting that revenues have steadily beaten targets over the past... to Piraeus’ management “who will bear the responsibility to lead the bank in the new era” after
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Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
EconomyMacroeconomyapartments, classified as over five years old, saw their prices increase by 6.6 percent in Q4 versus a downward revised increase of 8.1 percent in Q3. Across 2019, old apartments saw an average price increase of 6.9 percent compared to a rise of 1.7 percent in 2018. In 2017, old apartments saw
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The embrace between the Russian bear and the Panda bear: An emerging Sino-Russian axis
AgoraDuring a three-day official visit to Moscow in June 2019 the Chinese President Xi Jinping described Russia’s Vladimir Putin as his “best friend”. While China-US relations are deteriorating over bitter trade disputes, the imposition of tit-for-tat tariff...
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Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a 0.7-point rise in August, after a 1-point increase..., dropping to 84.4. Over the rolling 12-month period, the ESI in August was 6 points up from the 105.7 points of September 2022. The EU average ESI stood at 92.9 points in August, down from the 93.5 points
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Samaras shoots, Samaras scores!
Agora“Samaras rescues Greece” – it’s the headline the prime minister and many in his office would have cherished. But Giorgos Samaras, the striker without a club, has beaten premier Antonis to the title... that also saw them through the game with Ivory Coast. At a time when Greek society is so deeply divided
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