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  1. Building permits up by 4.4 pct in May and 5.3 pct in first five months
    Photo by MacroPolis

    EconomyMacroeconomy

    , the absolute number of permits came to 13,847. Although this is higher than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued in 2005. The most recent quarterly Bank

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  2. Tsipras bids farewell to MoU, eyes new start for Greece and SYRIZA

    PoliticsGreek Politics

    Alexis Tsipras delivered on Tuesday his long-awaited speech to mark the end of Greece’s third bailout, suggesting the country has a chance to make a new start after completing more than eight years... on Tuesday and made numerous references to Odysseus’s journey in his speech, which lasted less than eight

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  3. Focus turns to first post-MoU visit by creditors and talks on pension cuts
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    applications are being addressed at a faster rate than in the past. According to the minister, around 70... by Prime Minister Alexis Tsipras at the Thessaloniki Expo in less than three weeks. This will all

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  4. Tsipras conducts varied reshuffle in further bid to revitalise coalition
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that turned out to be much more difficult than it expected. It is unlikely, though... he can win back support than Tuesday’s cabinet changes. Recent developments, though, mean that he

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  5. Mitsotakis plans cuts to pension contributions, aims to add private element to system
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    -based so that those who work longer get larger pensions than those who work less. Also, he said... their contributions and see what interest they earn, rather than worrying about whether they will receive any

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  6. Unemployment at 19.1 pct in June, under 20 pct for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    than hirings during the month, turning negative after five months of positive employment balance in the Greek job market. In the aggregate period, the employment balance showed 289,561 more hirings than

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  7. New overdue taxes rise by 377 mln in July, total stock above 102 bln for second month

    EconomyMacroeconomy

    , lower than the figure for the same period last year by a notable 25.6 percent. New unpaid obligations from tax categories showed a rise of 296 million month-on-month in July, lower than the increase

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  8. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    for the self-employed who earn more than 7,000 euros a year would be reduced from 20 percent to 13.3 percent... euros in fiscal space, for instance) than if he focussed on just what could be done before the next

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  9. Tsipras confident on pension cuts, reticent on snap elections
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    fiscal pain than previous governments. Next elections In his interview, Tsipras insisted that he would like the government to see out its four-year term, rather than go to triple elections (national

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  10. Unemployment rate falls to 19 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    across all age groups in Q2. The rate among the 15-19 year age group once again declined faster than... percent were not registered at the public employment office (OAED), while less than 10 percent reported

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