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  1. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    As was widely anticipated, during the cabinet meeting yesterday Alexis Tsipras announced that the minimum wage in Greece will increase for the first time in a decade to 650 euros per month, from 586 euros currently, effective from February 1. This represents a rise of close to 11 percent

    2%

  2. BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    that it had sealed a deal to sell 1 billion euros of its non-performing loans (Jupiter project) which had

    2%

  3. Short-term rentals raise rents by average of 8.3 pct, study indicates
    Photo by MacroPolis

    EconomyFeatures

    that of long-term by a ratio of almost 5 to 1. In Athens, the survey found that for example

    2%

  4. Government and banks reach deal over new scheme to protect main homes

    EconomyProgramme

    March 1, are based on the borrowers’ income. Singles who have annual incomes of less than 12,500 euros

    2%

  5. Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Katseli law) are ongoing. Continued delay could put the euro area's promised transfer of close to 1

    2%

  6. Mati fire investigation puts spotlight on authorities and government
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    been estimated that the reduction of the voting age by 1 year means that around 130,000 more Greeks

    2%

  7. Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    price contraction of 1 percent in 2017. The strongly positive average price increase for 2018 confirms

    2%

  8. Athens set to press ahead with primary residence law despite differences with lenders
    Photo by MacroPolis

    EconomyProgramme

    look at whether Greece has done enough to qualify for the almost 1 billion euros in debt relief

    2%

  9. Government move over primary residences raises questions
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    lead to the April 5 Eurogroup not giving the green light for almost 1 billion euros in debt relief

    2%

  10. January current account deficit at 1.18 bln as underlying components deteriorate
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    in residents’ external assets, which reflects mainly a decrease of 1 billion in residents’ holdings

    2%