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Income inequality in Greece has grown during crisis, OECD report shows
Societyyears, with the top tenth of society earning 12.3 times more than the poorest in 2012, up from 10.5... concentrated at the top than income, exacerbating the overall disadvantage of low-income households. In 2012.... This group fared considerably worse than the median and the top 10 percent. The impact
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Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomyInvestment Budget (PIB) balance (by 1.53 billion) and lower tax refunds (by more than 300 million) more than..., and landed at 840 million, 535 million better than target. Revenues The final budget figures showed... was due to be paid by the end of July, whilst this year less than half of taxpayers were due to pay
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Newsletter 43 - 18/09/2015
indications, though, that if one of the two parties is to edge ahead it will be SYRIZA rather than New... days of the campaign. In contrast, New Democracy is seen having rallied to more than 90 percent... will be that New Democracy, PASOK and Potami will probably find it easier to reach an agreement than
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Greek teachers low paid, but work shorter hours in smaller classes
Societytheir careers, rising to €25,752 at the end of service. In Greece, the report underlined, less than 5... teachers also spent much less time teaching than many of their peers. While public primary school... per day, on average, compared to more than five hours in Chile, Colombia and Latvia. The report noted
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Newsletter 65 - 04/03/2016
to a recession of 0.3 percent for 2015, which is lower than the initially published 0.6 percent. Although GDP contraction in 2015 is higher than the government and EC forecast of zero growth, it is notably lower than the initial estimate incorporated in the third bailout programme of a recession of 2.3
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Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
EconomyMacroeconomy, which was 940 million higher than last year’s figure of 1.73 billion, according to the Finance... to an underspend. Primary expenditure was 1.34 billion lower than the target. Also, revenues over-performed (by 363 million). These two factors more than made up for the lower-than-expected PIB balance
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Newsletter 78 - 17/06/2016
on the evolution of the Greek banks’ non-performing exposure (NPE) ratio, which increased by more than 4... period showed a primary surplus of 2.27 billion, up by more than 50 percent from last year... of the latest bailout tranche should bring. However, it is not likely to be anything more than a brief
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Newsletter 86 - 26/08/2016
) than those for older houses, which fell by 0.5 percent QoQ and 2.3 percent YoY. Prices of new apartments decreased at a faster pace than those for older houses. Bailout loans at highest levels Greece’s..., the most marked rise was in marriages of more than 10 years, where divorces increased from 8,334
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Newsletter 88 - 16/09/2016
. Nikolopoulou-Stournara denies any wrongdoing. Rather than the raid itself, it is the timing of the intervention... The single property tax (ENFIA) due in 2016 stands at 3.18 billion, 2.2 percent lower than last year’s figure, the General Secretariat of Public Revenues (GSPR) disclosed on Tuesday. More than 85 percent
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Newsletter 90 - 30/09/2016
percent to reach 28.02 billion, 363 million higher than target, although August’s target included... is a crucial month for revenue collection, since individuals are due to pay a total of more than 1.8... and sight accounts, respectively, more than offsetting a negative flow of 1.62 billion from savings
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