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  1. Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
    Photo by Harry van Versendaal

    Society

    , with the respective share to total houses increasing to 12.3 percent in 2012 from 9.9 percent in 2008. It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent... by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit

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  2. Our most popular stories in 2014

    Agora

    , with the respective share to total houses increasing to 12.3 percent in 2012 from 9.9 percent in 2008. It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent is inhabited... percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit annual growth

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  3. General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln

    EconomyMacroeconomy

    of 2016 from 1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin... to 13.3 billion primarily attributed to a notable rise in transfers by 1 billion to 2.07 billion, while... half of total gg arrears. Hospitals’ arrears are following suit at 1.09 billion accounting for 18

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  4. Government hopes offer of tax breaks and grants will spark growth boost

    EconomyMacroeconomy

    or external funding under the condition that 25 percent of the total investment cost does not include any...), the total cost of subsidies and grants is estimated at 480 million euros in the 2016-2022 period... seven years to a total of 1.45 billion by 2031. The breakdown of the cumulative figure shows 573

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  5. Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln

    EconomyMacroeconomy

    financial aid of 212.7 billion euros in total. Of this 52.9 billion relates to the Greek Loan... residual maturity of total debt stock edged up to 16.67 years at the end of June, which... 80 percent of total, almost entirely due to the FSM loans’ maturities, while the remainder

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  6. Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

    EconomyBanking

    Following the notable rise of 11.3 percent in the second half of 2015, the total number of payment... effectively, the BoG said. At the end of June 2016, debit cards made up 81 percent of total payment.... More importantly, the total value of card transactions fell by 6.7 percent to 26.21 billion

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  7. UN steers clear of Cyprus blame game as focus moves to hydrocarbons
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    of the puzzle actually coming on the table… we were not able to stitch it together to a total deal.” Eide... in mind. Nervy Turkey Total's West Capella drillship arrived and began its work on July 12... of blocks 1, 6 and 7 of Cyprus’ EEZ, to the west and southwest of the island. The effective dates

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  8. Capital controls to ease further from the beginning of September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , or 1,680 across a total of 28 days. Additionally, from September 1, it will be possible to withdraw up to 50 percent of the total amount of funds transferred from overseas to existing accounts... September 1 as part of government moves to further relax the capital controls in place since 2015

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  9. Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 1 percent year-on-year to 319.8 euros. Travel receipts from the 28 European Union (EU 28) countries... those from the US increased by 19.5 percent. In total, arrivals from the EU 28 countries fell by 10.1... to 1.92 billion, which led the overall travel surplus to rise by 13.2 percent and land at a total

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  10. Unemployment rate stable at 21.2 pct in Q1
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    unemployed (over 1 year) declined for a fifth continuous quarter to 684,600. Out of the total, long-term... in those employed by 12,573, bringing the total for employed to 3.7 million. The absolute number of unemployed fell below the 1 million mark for the first time since Q3 2011 in Q3 2017, but has since gone

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