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Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
EconomyMacroeconomypercent while volume increased by 21.8 percent. Greece’s construction sector has remained subdued... has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84... interest, meanwhile, has been slower to pick up as Greeks face ongoing capital control restrictions
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What next for Cyprus gas after the Exxon find?
Agoraof supplies to Europe. Q: Then why has everyone made such a fuss? A: On the international side.... It is not yet known whether Glaucus-1, which has been described as located in “Zohr-like” structures, contains H2S. This leaves as options: the East Med pipeline, which has not yet been built and has plenty
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BoG underlines progress in NPE reduction but stresses need for systemic solution
Economyand in which the BoG has taken an active role by leading an initiative for a more systematic approach... in the ongoing improvement of the macro environment and the improved institutional framework that has removed... decisions. Additionally, the composition of the reduction effort has changed as sales now lead the effort
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In Skopje, Tsipras focuses on name deal positives as trademark issue looms
PoliticsForeign Policyto the issue of the trademarks. It has been agreed that a common steering committee will be formed by May... discussions on Tuesday. Both premiers are aware that this issue has been instrumentalised... plan has two dimensions: political and an economic. The first is related to the upgrading
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PM hopes North Macedonia visit, debt relief decision will provide lift
PoliticsGreek Politicspercent of Greeks dislike the compromise he made with the neighbouring country, the SYRIZA leader has... claiming the “Macedonian” trademark and has promised to pursue this issue. The two governments have... and Brussels. “Greece has taken the necessary actions to achieve all specific reform commitments
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OECD report highlights stress on Greek middle class during crisis
Societyfaced by the middle class globally has shown that overall this sector of society has seen its... decades, the middle class in several OECD countries has faced a number of challenges. Since the global financial crisis of 2008, the report found that the middle class has grown at a slower pace
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Athens eyes multiple benefits from joining China-backed 17+1 initiative
PoliticsForeign Policy, European and African countries. Greece has had its eye on membership of this group for some time... to Brussels, as well as Berlin, which is one of the European capitals that has not hidden its... the various problems that COSCO’s investment in the port of Piraeus has encountered. A multi-billion-euro
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Mitsotakis seeks inspiration from Cyprus as SYRIZA faces domestic mire
PoliticsGreek Politicsin Greece, at least in terms of economic recovery. In fact, Misotakis has pledged to increase Greece’s.... Under Marinakis’s ownership Ta Nea has been strongly critical of the government but he denied... and stressed that he has not used his shipping, media or sports businesses to vie for public contracts
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Disposable income rises by 1.7 pct YoY in Q4, final consumption grows 1.4 pct
EconomyMacroeconomyStatistical Authority (ELSTAT) data released on Wednesday. The YoY change in disposable income has... on social contributions. Since 2011, disposable income has fallen by 14.4 percent, or by 5.06 billion... has fallen by 13.2 percent over the last seven years due to a sharp rise in unemployment, along
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Debt relief measures move ahead as Athens prepares to use fiscal space
EconomyProgrammeGreece has received the green light for the latest round of debt relief measures and is set to move ahead with plans to repay part of the loans it has received from the International Monetary Fund... as some eurozone national parliaments means that the payment is likely to be made in July. The IMF has
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