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Energy bill also unveiled as legislative activity intensifies
PoliticsGreek Politicsto complete in the legislative-heavy period before the end of the year. Others include the confirmation of changes to the Katrougalos law on pensions, the exact calculations for this year’s fiscal space so... between 20,000 and 50,000 euros per year would see limited gains from the measures due to be voted
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Building permits increase by 27 pct in August
EconomyMacroeconomyBuilding permits rose by 27 percent year-on-year (YoY) in August compared to a rise of 18.5 percent... was issued in the western Macedonia with 27 permits. During the first eight months of the year, building... the second quarter (Q2) of the year from an upward revised increase of 4.9 percent in Q1 2019. The latest
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Industrial turnover edges down by 0.5 pct in September
EconomyMacroeconomyGreece’s industrial turnover edged down by 0.5 percent year-on-year (YoY) in September following... published on Tuesday showed. September’s reading is the fifth negative reading for the year so far... month-on-month to stand at 1.9 points. Year-on-year, industry confidence has risen by 5.3 points.
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Deposits rise by 643 mln in October
EconomyMacroeconomybillion. In October last year, net deposit movement was negative by 346 million euros. A breakdown... of 5.93 billion euros in the first ten months of the year. The aggregate figure for the same period last year showed positive inflows of 4.84 billion. This is equivalent to an increase of approximately 11
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Retail turnover increases by 4.5 pct in Sept, volume edges up by 5.1 pct
EconomyMacroeconomymonth’s reading is the fourth positive reading for the year so far. The corresponding volume index... is the strongest increase in the year since March’s rise of 5.4 percent. As with sales, the volume index has turned positive four times in the first nine months of the year. Compared to September 2018, the main
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Eurogroup approves SMP and ANFA profit release, decision on investment use postponed
EconomyProgrammethis year, subject to the formality of certain eurozone parliaments also giving the thumbs up. The main goal... to begin next year the discussion about reducing the surplus targets from 2021, instead of 2023... the agreements in terms of meeting the target this year and in 2020, as well the overall reform agenda
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Trade deficit drops by 5.4 pct in October as both imports and exports fall
EconomyMacroeconomyGreece’s trade deficit fell by 5.4 percent year-on-year (YoY) in October compared to a fall of 2.3... of 9.1 percent compared to the same month last year. A breakdown of the figures by geography showed.... The aggregate figure for the first ten months of the year showed that the trade deficit increased by 5.9
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicsafter it wrapped up on Friday the latest tax legislation and announced the details of this year’s... the details of this year’s social dividend. He said that 700 euros would be handed out to 250,000... government, which was accused of using the end-of-year handouts to make up for a comprehensive welfare
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Car sales rise by 12.5 pct in November
EconomyMacroeconomyon Monday. In November 2018, the year-on-year change showed a rise of 12.3 percent. Vehicle sales for the month came to 15,439 compared to 15,996 in October last year. Out of the total, passenger car sales... in the Attica region. The aggregate figure for the first 11 months of the year showed that sales
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Industrial production edges down by 0.3 percent in October
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped by 0.3 percent year-on-year (YoY) in October... for the first ten months of the year showed that the IPI rose by 0.8 percent. The figure was driven... Commission, industry confidence edged down by 0.5 points month-on-month to stand at 1.4 points. Year
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