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Newsletter 191 -25/01/2018
aged 66-70 (16 percent) and those aged 76-80 (15.2 percent). Slightly over 1 percent of pensioners
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Tsipras goes big on minimum wage, hoping to enhance election hopes
PoliticsGreek Politics, granting them a 27 percent rise. Both measures will be implemented on February 1. The rate of increase
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Increase of 11 pct in minimum wage to have knock-on effect in economy
EconomyAs was widely anticipated, during the cabinet meeting yesterday Alexis Tsipras announced that the minimum wage in Greece will increase for the first time in a decade to 650 euros per month, from 586 euros currently, effective from February 1. This represents a rise of close to 11 percent
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingthat it had sealed a deal to sell 1 billion euros of its non-performing loans (Jupiter project) which had
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Short-term rentals raise rents by average of 8.3 pct, study indicates
EconomyFeaturesthat of long-term by a ratio of almost 5 to 1. In Athens, the survey found that for example
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CPI rises by 0.4 pct in January
EconomyMacroeconomybeverages (+1.9 percent), alcoholic beverages and tobacco (+1 percent) and housing and health which both
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Government and banks reach deal over new scheme to protect main homes
EconomyProgrammeMarch 1, are based on the borrowers’ income. Singles who have annual incomes of less than 12,500 euros
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EC report notes economic imbalances and outlines remedies
Economyremains weak. In 2017, the current account balance recorded only a 1 percent deficit. However
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Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
EconomyKatseli law) are ongoing. Continued delay could put the euro area's promised transfer of close to 1
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Mati fire investigation puts spotlight on authorities and government
PoliticsGreek Politicsbeen estimated that the reduction of the voting age by 1 year means that around 130,000 more Greeks
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