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ND unveils development bill it sees as catalyst for growth
PoliticsGreek Politicsto pay part-time workers their regular wage plus 12 percent if they stay longer than their normal... period longer than 2 months and face stiff fines if they are employing undeclared staff.
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammethat remains above that quota threshold for more than 51 months have 300 basis points surcharge... of the Fund. Additionally, Greece has a sizable cash buffer, reported to be more than 30 billion euros
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Survey indicates Greeks concerned about EU's role as geopolitical actor
Societyto fear or optimism. The survey found that in every member state except Spain, more than 40 percent... policy any more than they will in other areas,” the report outlined. The more confidence Europeans have
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ND promotes positive narrative abroad, away from inquiry clash at home
PoliticsGreek Politicsto more than 70 investors on Thursday, updating them on the government’s plans regarding tax cuts... than the expected 1.9 percent this year and could even reach up to 3 percent in 2020. He also
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ND unveils steps to address migration issue amid political pressure
PoliticsGreek Politics, compared to less than 2,000 during the 4.5 years SYRIZA was in power. Experts have pointed out... is for the process to last no more than three months. Political pressure The difficulty in getting
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Mitsotakis brushes off latest strike, opposition sides with protesters
PoliticsGreek PoliticsThe government shrugged off Wednesday’s strike – the second in as many weeks – as the action of a small group of unionists rather than a larger protest against its proposed labour reforms. Although... less momentum than the first, Prime Minister Kyriakos Mitsotakis issued a statement in which he
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyby 0.6 percent, less than half the 1.6 percent growth seen this year. Exports are expected to grow... is more optimistic than its own baseline scenario, which sees the economy growing by 1.8 percent
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Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
EconomyMacroeconomydatabase for September showed that there were 2,651 more hirings than firings. Compared to the same... than departures. Ergani noted that the balance for the first nine months of the year in 2019
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Building permits increase by 18.5 pct in July
EconomyMacroeconomyfor 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than the 2005 peak. Much of the current building activity also centres around refurbishments rather than new builds
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomywill be weaker than expected. Reports on Wednesday morning suggested that the effort to reduce next year’s... favourable view than the one provided by the IMF in April, when it expected unemployment to reach 18.5
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