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Greek households continue to slash spending on goods and services
Societyin 2015 than in 2014. On the flip side, they ate more pasta (+ 4.9 percent) and yoghurt (+ 3.8 percent... (2,979.72 euros, or 209.9 percent of the average) than households led by an unemployed or economically..., the consumption expenditure of the 5th quintile (1,787.19 euros) is 5.6 times higher than
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Net job hirings of 7,788 in September; highest 9-month figure since 2001
EconomyMacroeconomyfor September since 2001. The breakdown showed hirings reached 230,580 in September, more than offsetting the departures of 222,792, of which more than half (113,663) related to lay-offs. Full-time... accounted for more than 6 out of 10 hirings in September. The share of males among the total hirings
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Newsletter 94 - 04/11/2016
a year ago, reflecting higher revenues by 5.39 billion, more than offsetting an increase... revenues beat the target by more than 1.6 billion. Retail turnover drops The turnover of Greece’s retail... billion euros (more than the other four combined), and the fact it is the only one still left
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Record job departures in Oct but highest 10-month net hirings since 2001
EconomyMacroeconomywork, respectively, meaning that flexible type of work made up more than 6 out of 10 hirings..., considerably higher than last year’s figure of 116,548. We also highlight that this year’s aggregate figure... reached 1.83 million in the January to October period and more than offset departures of 1.57 million
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy, is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63... front, primary expenditure is projected to drop by more than 1.4 billion euros to around 44 billion... million in 2017, down by more than 100 million from 2016 figure of 586 million. Revenue
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Jan-Nov budget primary surplus surges to 7.4 bln on solid revenue performance
EconomyMacroeconomyexecution bulletin showed on Thursday. The headline figure is 33 million lower than the preliminary... than target. Revenues Revenues (before tax refunds) increased for the fourth month in a row by 4... above the target. This mostly reflected higher than expected tax revenues. Specifically, tax
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Another spin of the wheel for Greece
AgoraThere couldn’t have been a more fitting end to the year in Greece than the Ferris Wheel fiasco... of more than 3 billion euros. Meanwhile, lenders’ non-performing exposure continued to rise... percentage said it did “with some difficulty”. This is more than double the EU average. Greece
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Greece’s M&A market stagnates during recession
EconomyFeaturespercent have more than five deals in the pipeline. The sectors with the strongest appetite... activity in the Greek market had been low in 2015, but still better than expected. In all of 2015... percentage points and an economic sentiment deficit 24 percentage points lower than the European average
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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomywere employed in more than one firm. The number of companies has increased by 10,870 from 2015... also 541 large corporates employing more than 250 employees each. As it was also evident last year... part-timers, around 41 percent received a salary up to 1,000 euros, more than 20 percent between
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Budget execution starts 2017 with primary balance outperformance on target-beating revenues
EconomyMacroeconomy, largely reflecting higher than expected revenues (by 340 million), while primary expenditure and Public Investment Budget (PIB) balance came in 58 and 41 million lower than target. In addition, the state... rose by 6.1 percent to 314 million, slightly better than the target. This led net revenues up 10.7
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