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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesduring Greece’s crisis years. The latest Bank of Greece (BoG) property price data from the second... of apartments in Greece came to 7.7 percent year-on-year (YoY) in the second quarter (Q2) of 2019 from
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Unemployment edges down to 16.7 pct, lowest since April 2011
EconomyMacroeconomy, remaining below 800,000 for a second month. Since the peak of 1.35 million unemployed in September... in 2019 was the second highest on record since 2001. The respective balance for the same period last
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EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
EconomyMacroeconomygovernment consumption in the first quarter and although growth accelerated to 1.9 percent yoy in the second... spending higher in the second half. Overall, the EC expects Greece to grow by 1.8 percent in 2019, which
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Sino-Greek engagement: Path to 'win-win cooperation' is not always linear
AgoraNext week, the Chinese President Xi Jinping will visit Athens. It is his first official visit, but his second journey to Greece. In July 2014, he made a technical stop on the island of Rhodes while... further to 13.9 percent and subsequently raised it to 16.4 percent in 2018. Today, the second largest
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Newsletter 227 -08/11/2019
and although growth accelerated to 1.9 percent yoy in the second quarter it is still below the 2018... strong economic and consumer confidence are expected to push spending higher in the second half
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Industrial turnover edges down by 0.5 pct in September
EconomyMacroeconomyand the second consecutive negative reading. The month’s performance was led by a decrease of 0.6... growth showed a second month of slowing in October, but still remained relatively good
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek PoliticsA busy week of parliamentary activity begins on Monday with the vote on the constitutional revision, although attention will quickly move to the government’s second tax bill, which is due... challenges came from former PASOK minister Pavlos Geroulanos, who recently came second in the race
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Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
PoliticsGreek PoliticsThe government has submitted its second tax bill to Parliament, paving the way for income, corporate and dividends tax to be reduced, giving New Democracy some relief from a public sector hirings... to reducing the particular levy for a second time after an average 22 percent cut was included in its
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Newsletter 232 -13/12/2019
November balance remains in negative territory for second month The employment balance remained negative... balance showed 131,310 more hirings than departures. Ergani noted that this represented the second
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Newsletter 231 -06/12/2019
Parliament and a second vote (under a revised version of the current enhanced proportionality that can... regarding the second round of debt relief measures this year, subject to the formality of certain eurozone
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