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Re-opening plans hang in balance due to unrelenting virus
PoliticsGreek PoliticsThe government does not seem set to abandon its hopes of further relaxing restrictions on economic activity next week even though the Covid-19 data continues to look alarming. On Tuesday, a record 4,340 new coronavirus cases were recorded as the number ...
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Greece prepares for next stage in Covid relaxation as tourism hopes hang in balance
PoliticsGreek PoliticsThe next steps in Greece’s gradual emergence from a six-month lockdown are set to be confirmed on Wednesday, although Covid-19 numbers have eased only marginally and there are doubts about the tourism sector’s ability to capitalise on the official reope...
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Implementation snags hang over ambitious post-Covid recovery plans
PoliticsGreek PoliticsGreece’s national plan to allocate EU Recovery & Resilience funds is moving apace at the planning stage, but appears to be stumbling at implementation. With the post-covid stimulus package emerging as more key to economic recovery than ever in light of ...
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ND tries to swerve fresh graft claims as EP scandals, phonetapping hang over budget debate
PoliticsGreek PoliticsThe Qatargate scandal centred on PASOK MEP Eva Kaili may have given ruling New Democracy some respite from defending its administration against mounting evidence of a domestic spying operation, but an investigation by the EU prosecutor into one of its o...
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Newsletter 106 - 10/02/2017
deficit increasing at double-digit rate of 11.8 percent. Fall in apartment prices eases in Q4 Fall in last quarter is the slowest since early 2009, when prices dropped for the first time Apartment prices... drop rate since Q1 2009, when the apartment prices index fell for the first time. Compared
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Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
EconomyMacroeconomybillion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... expenditure came to 44.20 billion, below target by 611 million euros. Interest payments declined YoY
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Seven in 10 Greeks raiding savings to pay bills, two in 10 have no deposits
SocietySeven in 10 Greeks are raiding their savings in order to make ends meet, while two in 10 say they have no deposits at all, according to a new survey by Public Issue. As the government and the troika... their financial problems. Apartment prices fell by 9.3 percent in Q3 of this year and the number of sales
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Athens prepared to legislate measures before global deal with lenders
PoliticsGreek Politicsapartment reportedly worth 470,000 euros, in the couple’s paperwork. The report claims that Mitsotakis... departures in order to limit the size of the public-sector workforce.
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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturesdomestic gas connections in Attica. Historically, the occupant of an apartment would need the consent of a majority of the homeowners in the building in order to get autonomous heating installed
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesin order to kick-start the country’s stagnant property market. This would bring more than 100,000 unsold... to the third quarter of 2019, a total of 5,302 individual residence permits were granted via... 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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