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Car sales rise by 19.2 pct in October
EconomyMacroeconomy. September’s figure was the first time since May 2017 that car sales declined rather than went up... 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 in 2007. A contributing factor
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesfinancial performance than in lesser destinations. Due to the concentration of arrivals in popular..., a typical greenfield project takes more than 15 years to complete and most of them never make..., there were more than 65 operating hotel companies and 35 hotel properties advertised for sale. Regarding
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Overdue social security contributions rise to 34.35 bln in Q3
EconomyMacroeconomy) revealed. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from... of debtors owe less than 15,000 euros each for an aggregate amount of 3.80 billion euros (11.1 percent... billion in Q2. The current quarter’s figure is 19.6 percent higher than that for the relevant period
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S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
Economyportion of Greece’s government debt representing less than 20 percent of the total stock, or less than 40 percent of GDP. The last disbursement of the programme that went towards the build-up... in the long term. In the absence of further reforms, S&P thinks that Greece cannot grow more than 3
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Tsipras goes big on minimum wage, hoping to enhance election hopes
PoliticsGreek Politicsis more than the committee of wise men appointed to examine the issue recommended. Their suggestion... that as more fertile ground to win votes than the economy. The conservatives highlighted, for instance, the fact that Prime Minister Zoran Zaev is still referring to his country as “Macedonia” rather than
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Newsletter 193 -08/02/2018
percent last week, which was more than the 5-10 percent that the committee of experts appointed... Greece’s lenders gave a less than favourable verdict of the government’s outstanding post-programme... that have been provided by the European Stability Mechanism, rather than whether all the arrears have
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Short-term rentals raise rents by average of 8.3 pct, study indicates
EconomyFeaturesthan that for the long-term properties. Elsewhere in Greece, a similar pattern was noted. The city... of government revenue came to 34.82 million euros in 2018. This is lower than the figure for 2017 which came... estimated that the waste produced by an average short-term rental is 20.3 percent higher than
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SYRIZA sets out strategy for European vote with eye on general elections
PoliticsGreek Politicsor even earlier than the European Parliament vote if Tsipras decides that his party is on course... opinion polls suggest that the gap between the two parties is much larger than 3.5 points, Georgidis’s... much narrower than the opinion polls suggest, thereby dispelling the impression that New Democracy
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Unfavourable views of EU strongest in Greece, survey indicates
Societytheir country rather than made it stronger. Fifty nine percent of Greeks also felt that immigrants are more to blame for crime in their country than other groups, the highest of all surveyed countries Regarding... with 81 percent saying Germany played a more important role today than it did 10 years ago
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SYRIZA set to name more MEP candidates, hoping for better results
PoliticsGreek Politicsthan with the previous collection of hopefuls, who were overshadowed by the controversy surrounding... than five years after she had died. Within hours, it was announced that Loizou was stepping down... to note that SYRIZA performs better than New Democracy in the 17-34 and 35-44 age groups, whereas
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