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  1. Tsipras gains backing for 'social dividend,' sees poll gap narrowing
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to hand out the so-called “social dividend” at the end of the year, with New Democracy expected to approve... billion euros from this year’s excess primary surplus: 720 million euros will be transferred to 3.4... four-year term (September 2019) before calling elections. This would allow more time

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  2. EU-Greece island containment policy slammed as refugees endure squalid winter camps
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    to endure on the islands. This is the second winter that this issue has been raised. Last year... this year put estimates of aid funding received by Greece at around 803 million dollars since 2015..., the camps of which host a maximum of 1,500. Although slowing down since last year, arrivals have

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  3. Slight uptick for economic sentiment and consumer confidence in November
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    ) figures revealed on Monday. Between December last year and this November, the ESI print has... downward in the first part of the year due to the inconclusive review, with the low posted in February... points to 54 in November, following a small blip last month when it fell by 0.3 points. On a year

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  4. GDP growth slows in Q3 amid lower 2017 forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    negative reading since Q2 2016. Compared to the corresponding period last year, private consumption remained flat in Q3. In Q2 it recorded 1 percent growth year on year. General government consumption... fixed capital formation this year, with growth more than doubling to 11.4 percent in 2018. Exports

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  5. Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    . The latest figure is the lowest reading since Q4 2011. Compared to the same period last year... compared to the same period last year was noted in the sector of wholesale and retail trade, where roughly... displaying the biggest year-on-year decline in hires were activities of households as employers (-5,800

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  6. Budget primary surplus at 4.65 bln in 11-month on lower expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2017, decreasing by 19.3 percent against last year’s figure of 5.76 billion euros, the Finance... target for the first 11 months of the year, beating the goal by 1.57 billion euros. Primary... their target by 462 million euros. The breakdown revealed that tax revenues edged up by 0.5 percent year

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  7. IMF sticks to reform, debt relief demands as programme role remains in doubt
    Photo by IMF https://flic.kr/p/zBf1FT

    EconomyProgramme

    financing later this year,” said Lagarde. “The Prime Minister and I agreed to work together toward... been lined up for 2020, to be moved forward by a year. This is something the coalition fears because... 2019. Next year is also the last of the government’s four-year term so the prospect of both measures

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  8. Retail sales drop by 1.7 pct in November, corresponding volume falls 2.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales fell by 1.7 percent year-on-year in November after October’s revised decline.... It also represents the sharpest decline in retail sales since August 2016, when the year-on-year... anticipated to end the year on a high, with turnover over the Christmas period seen picking up by 2.5

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  9. Pensions continue to be main source of income for half of Greek households
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    to last year’s figure (49.2 percent). It was noted in the report that “pensions continue to display... said that their income had stabilised rose from 22.2 percent last year to 35.6 percent in 2017... and managing to save money. This was double the figure for last year, when 1.5 percent

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  10. Building activity up by 12.6 pct in November, permits remain above 1,000

    EconomyMacroeconomy

    . The corresponding surface area showed a rise of 30.6 percent year-on-year, while volume rose by 25.7...), increasing by 12.6 percent compared to the same time last year. The smallest number of absolute permits... stands at 12,592, meaning that the year will close with a higher number of absolute permits

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