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Newsletter 173 -07/09/2018
employees from 20 to 15 percent over the course of four years (a full term in office). He said
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Q2 wages index falls by 0.4 pct QoQ and rises by 2.6 pct YoY
EconomyMacroeconomyin minimum wages, voluntary cuts in salaries and part time and flexible work dominating over full
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Car ​sales rise by 36.8 pct in August with aggregate increase at 28.1 pct
EconomyMacroeconomy. According to the full-year data for 2017, car sales doubled compared to 2012, when a low of 77,675
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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek PoliticsAmid renewed speculation about snap elections next year, Prime Minister Alexis Tsipras has insisted that his government will be able to come to an arrangement with the institutions over the pension cuts that are due to implemented in 2019 and then hold out for a full four-year term. Following his
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Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
EconomyMacroeconomyto a stepping up of the full elimination of reliance on Eurosystem funding. Banks have been making
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Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomyto 105,200. The majority of unemployed (92.3 percent) are looking for a full-time job. In addition, 22.8
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Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
EconomyMacroeconomymillion euros. The full revenue breakdown will be provided upon the release of the final budget execution
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeatures. These programmes range in scope and cost from that of Cyprus, which offers full citizenship for a 2 million euro
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesWith three quarters of the year now gone, the Greek government still has much ground to cover in order to meet its privatisation target of around 2 billion euros in revenues across the full year. According to the final budget figures up to August that were released by the Ministry of Finance (MoF
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Car sales drop by 0.8 pct in September
EconomyMacroeconomyof the year. According to the full-year data for 2017, car sales doubled compared to 2012, when a low
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