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Greek women having children later, young people taking longer to fly the family coop
Societyhome and Greece has the lowest rate of children born outside marriage, according to a comprehensive... the lowest fertility rate in the European Union in 2012, with 0.6 live births or less per woman, which... marriage. And although the Greek rate of births outside married increased by a full 5 percentage points
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Travel receipts increase 16.2 pct in Feb as arrivals shoot up by 56.2 pct
EconomyMacroeconomyThe growth rate of Greece's travel receipts accelerated to 16.2 percent in February from 9.1... by 63.8 percent to 9.1 million from 5.5 million a year ago. The growth rate in receipts is entirely... tourist activity shows that arrivals from France recorded the highest growth rate (+75.2 percent) followed
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Greek bank credit contracts by 2.5 pct in March
EconomyMacroeconomy- according to the Bank of Greece (BoG). This means that the current rate remains the lowest negative... in March from 57 million in February. The rate of decrease in loans to individuals & private non-profit... to mortgages, the rate of contraction in consumer credit decelerated to 2.5 percent in March from 2.8
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Greek trade deficit rises by 6.9 pct in March after successive falls
EconomyMacroeconomyheadline figure contains the lowest rate of the nine positive readings since the beginning of 2014... months. The March rate indicates the ninth positive reading since the beginning of 2014. In absolute... and imports at a much lower rate (+2.6 percent), resulting in a 12.4 percent decline in trade deficit
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgrammea tax rate of 3 percent on returning deposits but only around 600 million euros was repatriated... rate of 5-8 percent, had a poorer outcome. Less than 150 million deposits returned to the Greek banking... of debate in an interview on Tuesday. It relates to the incremental revenues from VAT rate reform. Juncker
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Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
EconomyMacroeconomyGreece's travel receipts rose at a slower rate of 13.3 percent in March from 16.2 percent... the growth rate in international tourist arrivals at the main Greek airports slowed to 6.6 percent in April bringing the 4-month rate at 17.5 percent, significantly lower than the 28.8 percent posted
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Income inequality in Greece has grown during crisis, OECD report shows
Society, where the benchmark also evolves. Between 2007 and 2011, the OECD anchored poverty rate rose by just...” was that in some countries, for example Greece and Luxembourg, the poverty rate for households dependent..., accounting for 60 percent of the total. Moreover, 73.2 percent – the highest rate in the OECD 26
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The key points from Greece's proposal to lenders
EconomyProgrammeand 23 percent to 6, 11 and 23 percent respectively. The lowest rate of 6 percent will include only medicine, books and theatre, whilst the medium rate of 11 percent will cover newspapers and magazines... and increase of the currently applied rate from 10 to 13 percent with expected revenues at 30 million
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The key points from lenders' proposals to Greece
EconomyProgrammepercent. The low rate of 11 percent will cover only food, medicine and hotels. The institutions note.... The Greek proposal included 3 VAT rates at 6, 11 and 23 percent, The lowest rate of 6 percent will include only medicine, books and theatre, whilst the medium rate of 11 percent will cover newspapers
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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomythe growth rate in international tourist arrivals at the main Greek airports significantly slowed to 6.6 percent in April bringing the 4-month rate at 17.5 percent. In its initial 205 estimates published... months. Another key concern for the sector relates to the expected change in the VAT rate on hotels
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