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  1. Manufacturing wage cuts were turned into profit, GSEE study claims
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    the crisis resulted in greater profit margins for companies rather than lowering prices. Wage... claims that this indicates that rather than pricing in wage reductions, as other industries appear... by more than a third, the drop in the price index did not exceed 2.7 percent. In the wider manufacturing

    3%

  2. Car sales up by 33.1 percent in February
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    percent. Although the overall rise in car sales in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892

    3%

  3. New centre-left party keeps political options open at inaugural congress
    Photo by Thodoris Manolopoulos (https://kinimaallagis.gr/)

    PoliticsGreek Politics

    then. There is, however, another section that believes SYRIZA would make a more natural partner than New Democracy... is able to shape its own political identity, rather than be seen just as a potential future partner for New Democracy and SYRIZA, and to ensure that there is plurality within the party rather than just

    3%

  4. Complications over reforms cast doubt on June target for global deal
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyProgramme

    deal between Athens and the lenders may have to wait until July, rather than June. More than 70... being reached at the July 12 Eurogroup may be more likely than at the June 21 meeting of eurozone

    3%

  5. Car sales up by 23.9 pct in March and by 33.3 pct in three-month period
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle registrations in 2007. A contributing factor

    3%

  6. Ahead of IMF Spring Meetings, questions remain about conclusion of programme
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    that the primary surplus goals from 2023 onwards should not be any higher than 1.5 percent of GDP... than two weeks until the next Eurogroup to show that it has not stopped at the 10 or so key... milestones in the plan rather than vague targets. The final draft is to be tabled at the informal

    3%

  7. EC forecast acknowledges pressure on Greek households, revises down growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    suggests that “households may be more financially stretched than previously assumed... is less than half the previous 1.2 percent growth forecast and next year’s is also lower from the 1.2... “as it was partly achieved through lower-than-expected spending and a number of temporary factors, including

    3%

  8. Car sales increase by 29.3 pct in April and by 32.2 pct in four-month period
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than

    3%

  9. Lenders return to Athens with much work ahead to reach SLA by May 24
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    owning property that is worth more than 200,000 or 300,000 euros. Apart from addressing many... than 2020. The government hopes it can avoid this after beating its fiscal surplus target in the two... earning less than 1,000 euros a month will be affected by the reductions. Debt relief Tsipras

    3%

  10. Car sales up by 18.7 pct in May, motorcycle sales rise 16.3 pct
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    the overall rise in car sales in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle registrations

    3%