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Growth strategy sets out reform targets, broad policies for post-MoU era
EconomyProgrammesustainable growth on strong social and environmental pillars. After all, this is made clear... of the employment rate by 7.4 percentage points, causing it to fall to around 14 percent from 21.4 percent...) that was put in place to oversee the development and revenue generation of all state assets and holdings
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PMI dips to 49.4 points in February as cost burdens pile up
EconomyMacroeconomy, Markit said in the release. Weakening external demand led new export orders to fall further, though... through the first quarter, Markit said. The rate of charge inflation was strong overall and the fastest... contributed to a further decline in inventories, as firms used current holdings to supplement
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A macroeconomic assessment of the Cypriot economy after the haircut
![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2014/01/22/cyprusgeorgiades_1000_myrto_2101-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Agorato lower production costs for tradeables and non-tradeables and to a fall in prices of final goods... of lower income levels sinks in, while past savings decumulate, the fall in consumption will be more... higher. Indeed, a fall in the long-run saving rate has likely been one of the major effects
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomymonth and was fractional overall. A further fall in new orders, which led to a drop in output..., optimism remained strong. Greek manufacturers reduced their output for the ninth time in as many months.... The decline was registered across both the domestic and foreign goods markets. Due to a fall in new
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Newsletter 151 -16/02/2018
After a week of strong rhetoric from Turkey directed at Greece and Cyprus, a nervous lull has returned... bulletin revealed this week. The driving factor was a combination of a fall in expenditure and a rise... to a reduction of 57,830 people claiming pensions year-on-year, with a corresponding fall of 30.9
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Industrial production drops by 0.8 pct in Apr
EconomyMacroeconomyin March. The annual movement in the index was driven largely by a fall of 16.4 percent in the mining and quarrying production index. This was followed by a 5 percent fall in the water supply production... with a fall of 48.7 percent YoY. All subcategories within mining and quarrying index showed declines
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Newsletter 211 -21/06/2019
are correct and it gets a clear majority, there is strong competition for places. According... stood at a surplus of 200.3 million, declining by 4.1 percent YoY. This stemmed from a fall of 11.3..., staying under 10 billion across the year so far. The movements in May largely reflect a fall
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Newsletter 247 -10/04/2020
to fall by an average of 60 percent. Only 18 percent of businesses expected that they would... significant short-term effects on the real estate market.” This trend will reverse a strong year in 2019... a fall of 43.1 percent. Trade deficit up by 7.8 pct in February Figure for first two months showed
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeatures45-55 billion.” Greece’s position is relatively strong given the handling of the outbreak so far... is anticipated to fall by 87 percent. The USA contributed 6.5 percent of overall tourism revenue... on domestic flights. Spending on hotel and resort stays is expected to fall by 79 percent. In addition
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PMI drops to 46.8 points in July amid Covid-19 uncertainty
EconomyMacroeconomypandemic which impacted domestic and foreign client demand. Output continued to fall at Greek manufacturing... The fall in output reportedly stemmed from a solid decrease in new business. Some firms connected.... Manufacturers also noted weak demand from key export markets due to a strong drop in demand from abroad
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