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Crisis-era productivity in Greece lowest among OECD countries
EconomyFeaturesproductivity rates across several OECD countries before and during the economic crisis. It showed that in terms of GDP per hour worked, only Greece had a negative reading during the crisis years.... The report noted that productivity growth fell markedly during the crisis in all countries
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomyof 14.6 percent in overseas arrivals during the period. The services balance came to 16.54 billion... in travel payments. Financial account Residents’ net external assets rose by 267 million euros during July. During the month, the most notable transaction recorded was the sale of 51 percent of EPA
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Newsletter 182 -9/11/2018
Dimitris Tzanakopoulos indicated during a press briefing on Tuesday that this measure will be followed up... 20 percent and the first time since August 2011 that it has dropped under 19 percent. During... euros for the month. The headline figure marks four consecutive months during which the deficit has
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Tsipras hammers out dividing lines, trumpets battle with 'elite'
PoliticsGreek Politicsthe first encounter at the polls between the parties. During a televised speech ahead of a meeting... of populist rhetoric that Tsipras proffered while in opposition and during the early period of SYRIZA’s... anyone. It was pointed out that three people died when Marfin Bank was attacked by arsonists during
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A snapshot of the Greek economy
Agora, against a primary deficit target of 103 million. During the same period last year, the budget... was 22,083 or 2.36 percent more than those recorded during the previous month (935,449) and 54,229... was indeed a clear vote of confidence in the Greek economy. Moreover, 2018, was a year during which
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Protection of main homes the next step in assembly of election ammunition for SYRIZA
PoliticsGreek Politics. The new framework will be promoted by the government during the months to come as providing cover... of the recovery with those who suffered most during the crisis. Tzanakopoulos accused SYRIZA’s predecessors... during the “in principle” part of the vote even though it labelled the scheme “bureaucratic
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A campaign that leaves Greece in pain
Agorafrom construction projects during Greece’s 1967-74 military dictatorship was one of the low points... carry an additional significance. A couple of days following the tawdry exchange (during which... Eleftherios Venizelos and Thessaloniki residents who backed King Constantine bicker during a fierce conflict
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Mitsotakis holds inaugural cabinet meeting, lines up first draft legislation
PoliticsGreek Politicswith his ministers on Wednesday and set out what he wants them to achieve during the next six months. This is seen as a crucial period during which the new prime minister can capitalise on the positive... that Mitsotakis promised during the campaign. Parliament is due to close for less than two weeks from August 10
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Continuity and priorities
AgoraMacedonia Foreign Minister Nikola Dimitrov during the recent Economist conference in Athens... during the European Council. This has been quite clear for some months, from when the then shadow... as a pillar of stability. This role was acknowledged by the US during Dendias's first meeting with his US
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Mitsotakis eyes Christmas handout, tries to rally support for diaspora vote proposal
PoliticsGreek Politicsand possibly exceed our fiscal target for 2019,” Mitsotakis said during a discussion at the Athens Democracy..., it will be used again to support the weakest.” During the discussion, Mitsotakis also claimed that New... to increase growth to around 4 percent during his time in office. Diaspora vote Mitsotakis is due to turn his
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