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Q2 wages index falls by 0.4 pct QoQ and rises by 2.6 pct YoY
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rose by 2.6 percent year-on-year (YoY) in the second quarter (Q2) of the year, after a rise of 4.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The wages index captures employees’ gross earnings, which include salaries
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PM stands by Macedonia name deal, Kammenos continues to sow confusion
PoliticsGreek Politicsthree proposals to Tsipras: One would be to hold a referendum, the second would be for a vote
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Turnover in tourism grows by 11.5 pct during Q2
EconomyMacroeconomyThe turnover index in accommodation and food services remained positive for an eighth continuous quarter in the second quarter (Q2) of the year, increasing by 11.5 percent from 10.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. 2017 marked the first year since
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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek Politicsbeing cut in the second half of the year and the need for the remaining reduction to be reviewed
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Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 19 percent in the second quarter (Q2) of the year, dropping from the rate of 21.2 percent registered in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The latest quarter marks the first time since Q3 2011
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Take your seats
Agorathat the measure passed through Parliament in 2017 as part of the effort to conclude the third bailout’s second
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Turnover in services sector improves in Q2 2018
EconomyMacroeconomyTurnover indices for the services sector recorded an improvement in the second quarter (Q2) of 2018, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. Specifically, year-on-year improvements were noted in 12 out of 15 services, reversing the declines seen in seven of the 15 services
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No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
EconomyProgramme. The institutions are due to issue their first post-programme report in the second half of November. So
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingThe persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions. In its latest report, the Bank of Greece (BoG) outlined that in the second quarter (Q2) of the year, Greece’s four systemic banks had met their NPL reduction
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Hirings balance in August turns negative by 7,748
EconomyMacroeconomyThe employment balance slipped into negative territory in August with 7,748 more departures than hirings during the month, data from the Labour Ministry’s Ergani information system revealed. August’s figure is the second consecutive month that employment figures have landed on a negative balance
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