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Draghi sets out QE obstacles facing Greece
EconomyProgrammethe target by 800 million euros. VAT revenues came to 10.9 billion euros, 200 million euros more than... billion euros was collected last year. Around half of this came from individual debts of more than 150 million euros, whole 17 percent was from debts of less than 10,000 euros. He added that tax
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Car sales up by 28.4 pct in June and 28.8 pct in first six months of the year
EconomyMacroeconomyin 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle registrations in 2007. A contributing factor
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For better or worse: Greece's bailout exit deja vu
Agorawas underwhelming and Greece accepted less than it had initially targeted. The ensuing months shuttered... by regular, albeit less intrusive than in the past, monitoring over the next four years. The situation... in September. With gross financing needs over the 2015–2016 period of more than 32 billion euros and markets
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S&P revises outlook to positive, sees encouraging signs after debt deal
Economy’s expectations, there are reversals of reforms, or if growth is weaker than expected, both... held) portion is less than 20 percent of the total stock and less than 40 percent of Greece’s GDP
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Coalition focuses on relief effort after fires as Mitsotakis holds back on criticism
PoliticsGreek Politics. The accusation that his government is no better than previous administrations is probably one that Alexis... for the bailout exit in less than a month. Thoughts of a major event to mark the end of the programme are likely to be abandoned and the coalition will be forced to adopt a less celebratory tone than it would have
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Government bolsters aid package as questions mount over deadly fires
PoliticsGreek Politicsthan 1,200 homes in Mati have so far been deemed unsafe. The Greek state will initially contribute 40.... It did not go unnoticed that the current SYRIZA-led coalition is offering victims more than the 3,000... to the dozens of deaths rather than a momentary lapse of coordination or action by authorities. There have
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Buckling under pressure of Mati death toll, Tsipras searches for corrective actions
PoliticsGreek PoliticsAlmost a week on from the wildfire northeast of Athens that caused the deaths of more than 90... as it was by the sea. From there, the fire had reached the sea in less than 20 minutes. The unique set... of a cabinet reshuffle rather than to make him a scapegoat for any mistakes. It is expected that Tsipras
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Fire fallout casts doubt on Tsipras’s post-MoU strategy
PoliticsGreek Politicshave also asked for a wider judicial investigation than the one that has been launched, which... to begin the knocking down of more than 3,000 structures. Nevertheless, the Mati disaster casts... timetable rather than to consider elections even earlier, this autumn for instance, as the memory
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Car sales up by 17.9 pct in July and 27.2 pct in first seven months of the year
EconomyMacroeconomy. Although the overall rise in car sales in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle
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Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008
EconomyMacroeconomyand appraisals data. In other indicators, the housing loan balance has contracted by more than... to 4,365. During last year, the absolute number of permits came to 13,847. Although this is higher than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued in 2005.
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