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In first decline for six months, March car sales drop by 9.5 pct
EconomyMacroeconomyon Tuesday. In March 2018, the year-on-year rise had stood at 23.9 percent. The latest figure... last year. Out of the total, passenger car sales fell by 9.4 percent with the absolute figure... three months of the year showed that sales increased by 3.9 percent. For the same period last year
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IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
EconomyProgramme-March. The IMF sees the Greek economy growing by 2.4 percent in real terms this year, and marginally... in the last quarter of 2018 and a much slower 1.8 percent in the last quarter of next year. Consumer prices are seen accelerating in the coming years, rising by 1.1 percent this year and 1.4 percent in 2020
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Building permits drop by 10.2 pct in Jan
EconomyMacroeconomyBuilding permits decreased by 10.2 percent year-on-year (YoY) in January, deepening from a decline... the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than... the fourth quarter (Q4) of the year and by 1.5 percent in 2018 compared to an average price contraction
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Divorces in Greece increase by 74.2 pct in 2017
Societyby a serious breakdown of the marital relationship. In 2017, the 40-44 year age group showed the highest... have gradually increased. The current year-on-year increase in divorces is the highest on record..., when the rate rose by 43 percent year-on-year to 10,995 divorces compared to 7,675 in 1994.
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Hirings balance positive by 43,737 in March
EconomyMacroeconomyconsecutive positive balance for the month of March. Compared to the same month last year... that the balance for the first three months of the year was the second highest on record since 2001. The respective balance for the same period last year was 55,580 meaning that in the aggregate period
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Ministers unveil lengthy payment schemes for unpaid taxes and contributions
EconomyProgrammeby the end of last year can be included. Anyone earning less than 10,000 euros a year will automatically... to an extra 50 million euros entering public coffers this year and 160 million in 2020. The aim... elections, which are seen as a litmus test ahead of the national vote later this year and which provide
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Tsipras, Mitsotakis cast gloves aside as pre-election fight gets personal
PoliticsGreek Politicspresented a package of tax cuts and spending hikes for this year and the coming years, starting... election later this year. “No government changed the climate with last-minute handouts,” he said... it pre-legislated the pension cuts that were due to be implemented this year and the lowering
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Industrial production drops by 2.7 pct in Mar
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped year-on-year (YoY) by 2.7 percent in March... months of the year showed that the IPI rose by 1.4 percent. The figure was driven by a 2.5 percent rise... month-on-month to stand and -0.9, the best reading since September 2018. Year-on-year, industry
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Building permits drop by 5.1 pct in Feb
EconomyMacroeconomyBuilding permits decreased by 5.1 percent year-on-year (YoY) in February, improving from a decline... for the year is roughly 84 percent lower than the 2005 peak. Much of the current building activity also...) of the year and by 1.5 percent in 2018 compared to an average price contraction of 1 percent in 2017
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New overdue taxes rise by 489 mln in Mar, total legacy and new debt at 104.5 bln
EconomyMacroeconomymonths of the year showed that new tax debt totalled 2.64 billion, lower than the figure for the same period last year by 25.9 percent. In February, the total had stood at 2.15 billion euros. New... three months of the year, the income tax collectability rate stood at 67.1 percent, meaning
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