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Poverty rate jumped by over 40 pct during crisis, more than anywhere in EU
SocietyGreece saw its rate of poverty increase by more than 40 percent during the economic crisis, the highest jump in any EU state, according to a new German study that measures poverty in a “multidimensional” way, considering education, gainful employment, housing and housing environment and health
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Court ruling on pension cuts more political problem than legal obstacle for govt
PoliticsGreek Politicsthan about the interventions that the coalition will have to make in the coming years. Tsipras
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Less than 10 pct of 99.97 bln overdue taxes deemed collectible by authorities
EconomyMacroeconomyof debtors (40,514 taxpayers) owe more than 100,000 euros, with the total making up 89.2 percent
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Car sales more than treble in April from depressed level last year
EconomyMacroeconomyof 23,128 new vehicles still 5.4 percent lower than April 2019’s total. Car sales in April came
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Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
EconomyMacroeconomyto housing loans down by more than 15 billion euros, followed by corporate loans at 8.11 billion euros
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Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
EconomyMacroeconomynegative by 25,804 more firings than hirings
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Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
EconomyMacroeconomyGreece’s central government debt increased by more than 6 billion euros in the first quarter of 2022 to 394.55 billion euros, from 388.34 billion euros in the final quarter of last year, the Finance Ministry's (MoF) debt bulletin showed on Thursday. The current QoQ change is the tenth consecutive
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Travel balance surplus more than doubles YoY in Jan
EconomyMacroeconomyGreece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. January's balance was over 106 percent higher than the 54.6 million euros recorded in January 2023
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total
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Budget balance up to May well above target as VAT brings in 650 mln more than planned
EconomyMacroeconomyof 103 million euros, from a 1.88 billion euros surplus in May 2025. The overall balance is better than
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