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Mitsotakis marks first year at ND helm by emphasising tax cut goals
PoliticsGreek Politicsif he could show greater ownership of such a scheme than previous administrations. When he set out his... the New Democracy leader would make a better prime minister than Alexis Tsipras, who garnered the backing
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Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
EconomyMacroeconomythat hirings amounted to 2.14 million within 2016 more than offsetting 2 million departures, of which... flexible types of work, slightly lower than last year’s figure of 55.5 percent. Specifically, part-time
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Mitsotakis seals alliance with Drassi, targets role of unifier
PoliticsGreek PoliticsIn a move that will have mostly symbolic, rather than practical, impact, New Democracy announced on Thursday that the small pro-business party Drassi is to come under its umbrella. The cooperation... parties offers more to New Democracy in public relations terms than it does in supporter numbers
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Newsletter 103 - 20/01/2017
on TrainOSE’s debt to OSE, amounting to more than 700 million, is pending. 2 Budget primary surplus almost..., with building permits plummeting by more than 86 percent over the last decade. Building activity has
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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomywith deductions of 3.14 billion in 2016, 4.8 percent lower than the 2015 figure of 3.29 billion. When broken down... of more than 40 billion euros dragging the loan stock down by 24.3 percent over this period. The consumer
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New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP
EconomyMacroeconomya rise of more than 7,500 in the previous month. The aggregate figure for the whole year showed... had contracted by 639 million. The breakdown of the legacy tax debt showed more than three quarters
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Car sales soar 22.8 pct in first month of 2017
EconomyMacroeconomy. Passenger cars make up more than 81 percent of car sales, while around 41 percent are registered... than the 13.5 percent growth rate recorded in 2015. Despite double-digit growth in each of the last
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Waste management remains Greece's biggest environmental challenge, says EU
SocietyAlong with Cyprus, Greece recycled just short than a fifth of municipal rate in 2014, jointly the third lowest rate in the EU and less than half the EU average, a new environmental implementation review from the European Commission has found. “Greece faces significant difficulties in implementing
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Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
EconomyBankingbillion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous.... They have increased by more than seven times since then in the wake of PSI losses and sharp
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Lenders' proposal not yet enough to convince Athens, banish snap poll option
PoliticsGreek PoliticsEuropean director, Poul Thomsen, that Greek pensioners are better off than their German counterparts... of principle, rather than his previous insistence that it would not accept “a single euro” in new
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