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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economy. According to Ergani Greek companies are dominated by small firms as more than 88 pct employ less than 10 workers, some 262,634 companies out of a total of 298,255. Around 10 pct employ between 11 and 50. This leads to a total dominance of SMEs in the Greek economy, with more than 98 pct
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyThe general government (gg) primary cash balance showed the surplus shrinking by more than two... million, making up more than 20 percent of outstanding arrears. Social security funds followed suit with their arrears up by 71 million MoM to 1.89 billion accounting for slightly less than half
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Newsletter 86 - 26/08/2016
that property prices have been falling for 29 consecutive quarters, although the dip in Q2 was the slowest...) 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
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Coalition hopes it will have more than just Paris at the end of troika talks
PoliticsGreek Politicsof a precautionary credit line) rather than the measures that Greece will have to adopt to get there. The prime... to succeed Karolos Papoulias. Nevertheless, Samaras knows that winning over the 25 MPs he needs to get
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomy(1.8 percent of GDP), lower than the 2 percent incorporated in the draft budget and the 2.3 percent... is forecast at 41.89 billion euros, 457 million above the MTFS but 530 million lower than those... reiterated it plans to issue 7- and 10-year bond as well as T-Bills with durations of more than 6
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China-EU: Navigating an increasingly complex relationship
Agoratravel restrictions and absence of in-person meetings for more than two years. Several European... and the Middle East. Otherwise, the meetings yielded a less-than-impressive list of outputs. The two... and there is a sense that the assertive tone of EU officials made Beijing listen more attentively than
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ELTA CEO resignation fails to stem political fallout from post office closures
PoliticsGreek Politicsthan 200 post office branches and the manner of the surprise announcement, which was to take effect... of citizens rather than asking citizens to go hunting for it. Kikilias argued that the necessary... of post office users prefer to receive their post at home rather than at the branch, while 92
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Time deposit rate almost flat in Jan, average loan rate falls 12 bps
EconomyMacroeconomyeuros dropped by 28 bps to 5.63 percent in January more than offsetting a rise by 24 bps in December
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Opinion poll blow for govt as it considers further Covid measures
PoliticsGreek PoliticsA new opinion poll showing a substantial dip in support for New Democracy has caused consternation... since in any opinion poll coming to power more than two years ago. It is the first time ND’s rating..., appears to be turning its attention to getting more elderly Greeks to get vaccinated or to get
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Greeks express most negative sentiments about economy in global poll
Societythan it was in 2007, immediately before the beginning of the global financial crisis. Greeks, however... financially than their parents. The most pessimistic about prospects for the next generation... they will be better off financially than their parents,” 29 percent of Greeks aged 18-29 agreed, 23
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