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How Greece's electoral map changed radically over 10 years
Agorapercent of its 2009 voters going to SYRIZA, 10 percent to the newly formed Democratic Left (DIMAR..., as anticipated, never materialised. This time, ND led by 2 points among the over 55s, who were... and female vote, had leveled the gap among farmers, was now stronger among housewives by 5 points, fell
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Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
EconomyMacroeconomytime that the quarterly rate dropped below 10 pct since Q3 2009 when it stood at 9.4 percent. A total of 467,619 were recorded as unemployed in Q2, decreasing by 18.6 percent from the previous... to 248,600 people, representing 53.2 percent of the total unemployed. Alarmingly, the largest portion
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Stability Programme sees improved growth, primary surplus above 2 pct from 2024
EconomyMacroeconomy, reaching 2 pct in 2025. Unemployment only falls below 10 pct in 2026, at 9.8 pct..... The primary balance rises above 2 pct of GDP next year, up to 2.5 pct of GDP by 2026, which is broadly... to almost achieve a balanced total budget by 2026, down to a deficit of just 0.1 pct of GDP, from 1.8
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The key points from Greece's proposal to lenders
EconomyProgrammewill be implemented as of October 1. 2) Introduction of a reward point system for the registration of receipts in an effort to increase VAT and income collection. 3) Increase in the solidarity levy rates to 2% (from... at 1.06 billion in 2015 5) Tax on television advertisements with estimated revenues at 100 million
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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankinginto a slight profit of 2 million euros in 2017, compared to profits of 37 million in 2016. The bank noted... interest income (NII) fell by 5 percent to 398 million euros QoQ, also declining by 5 percent in 2017... of the loans. The total value is 1.6 billion euros, though sources note that in the second phase
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Deposit rates stable, avg loan rate below 5 pct for first time since 2002
EconomyMacroeconomyto the 10 consecutive months of rises that resulted in a cumulative decrease of 100 bps during... at 5 percent. The current trend mainly reflects lack of competition since the four systemic banks control more than 90 percent of total deposits. Back in 2012, there were more than 15 banks
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Unemployment rate stays below 10 pct in Nov as inactive numbers rise
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained below 10 percent in November, landing... in May 2008. Year-on-year, the number of employed people increased by 12,025 people, with total... to 11.7 percent, while the rate for men stood at 7.5 percent, a drop of roughly 2 pps year-on-year
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Industrial turnover returns to contraction in Nov with sharp 5 pct YoY drop
EconomyMacroeconomyGreece’s industrial turnover resumed contraction in November, dropping by 5 percent year-on-year... market was down by 9.4 percent. On a monthly basis, industrial turnover in the total market..., industry confidence has risen by circa 2 points. Overall, Greece’s economic sentiment (ESI) was virtually
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economythan 10 workers, some 262,634 companies out of a total of 298,255. Around 10 pct employ between 11 and 50. This leads to a total dominance of SMEs in the Greek economy, with more than 98 pct..., followed by more than 10 pct for catering, then 9.5 pct in wholesale. Education employs 4.6 pct of total
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Newsletter 207 -24/05/2019
to 5 years) debt accounted for 13 and 9.8 percent of the total figure, respectively. The weighted... it garnered in the 2014 European elections, which it won, and keep New Democracy’s lead below 5... suggest that more than 10 percent of voters are undecided. It is this audience that Mitsotakis
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