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  1. Pensions spending stable but early retirees burden system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year-on-year, with a corresponding fall of 23.2 million euros in pensions amounts paid out. Out... at 723.33 euros in July this year, very slightly up from 723.08 cents last year. The average for supplementary pensions was 172.11 euros compared to 171.30 euros for the same month last year

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  2. Travel balance rises by 0.8 pct in September and 9.1 pct in 9M
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    , increasing by 0.3 percent year on year (YoY). Travel payments fell by 6.1 percent and came... to a 2.26 billion euros surplus last year. Receipts were driven by an increase of 4.8 percent in foreign...) countries increased by 2.9 percent year-on-year (YoY) and stood at 1.72 billion euros in September

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  3. Tsipras points to tax cuts as example of bailout exit benefits
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of this year’s “social dividend” and the reduction to ENFIA property level and corporation levy to be implemented next year, that his government is only now beginning to show its true colours as far as economic... the timing of next year’s election until he has a clear picture of how the “positive measures” are shaping

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  4. Turnover in tourism grows by 9.4 pct during Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    quarter in the third quarter (Q3) of the year, dropping to 9.4 percent from a revised increase of 11... year since 2014 in which positive growth was noted for each quarter, bringing the average increase for the year to 10 percent. The third quarter of the year continues the positive trend into 2018

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  5. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    to 145 million euros from 94 million euros in the third quarter (Q3). Results for the full year... basis, full year results showed that PPI fell by 27 percent to 721 million euros from 983 million... euros. For 2018, the figure fell by 14 percent year-on-year (YoY) to 1.41 billion euros from 1.64

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  6. IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
    Photo by MacroPolis

    Economy

    by the IAPR in 2018. This represents a decline of 52.5 percent year-on-year (YoY) compared..., a total of 5.5 billion euros was collected last year from such interventions. For the current year... was subject to payment schemes early this year. Once amounts deemed uncollectable are removed

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  7. Unemployment rate edged up again in Jan, reaching 18.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    month-on-month, a 0.2 percent rate of decline. Year-on-year, the figure for employment increased... month-on-month and by 7,350 year-on-year. The unemployment rate among women fell by 2 percentage points (pps) year-on-year and came to 23.6 percent. This figure has been in decline since the high of 31.6

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  8. Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    up by 9.7 percent year-on-year, which in turn drove the increase in travel receipts. In contrast... length of stay falling by 1.5 percent year-on-year (YoY) from 7.1 nights to 7 nights. Receipts Travel... year. This was driven by an 11.5 percent rise in receipts from visitors within the 28 European Union

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  9. Primary cash balance at deficit of 34 mln in March
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the first three months of the year according to figures released by the Bank of Greece (BoG). The headline... to the post-programme cash buffer. The cash balance for the same time last year was 7.72 billion euros.... The aggregate figure for the first three months of the year showed that revenues fell by 804 million euros

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  10. Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance increased significantly to 51 million in February from 18.5 million a year..., increasing by 29.6 percent year-on-year (YoY). Travel payments also increased by 10.7 percent and came... UK visitors rose to 54,200 from 24,800 in February last year. Visitors from the US rose by 52.6

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