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Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority... for the year. From a recent high of 91 in Q3 2016, the index has fallen by 0.5 percent. The record high
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Finance Ministry waits for new property values as talk of bad bank gathers pace
EconomyProgrammeby the Finance Ministry to calculate this year’s ENFIA real estate tax. The deadline for some 250.... The targeted revenue from the ENFIA levy remains at 2.65 billion euros this year, as it was in previous... in the second half of last year, Greece still has by far the highest ratio of bad loans in the EU. According
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammethat the IMF’s demands for the tax-free threshold to be lowered in 2019, a year earlier than planned and at the same time as the pension cuts lined up for next year, without the implementation of any... of GDP primary surplus target next year and over the coming years. Regarding debt relief
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Newsletter 156 -23/03/2018
next year (the government’s four-year term ends in September, 2019). Also, Mitsotakis may believe... pct in Jan Index makes strong start to the year, reversing decline of December Greece’s industrial
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Retail sales rise by 0.7 pct in Jan, volume up by 1.5 pct
EconomyMacroeconomyGreece’s retail sales rose by 0.7 percent year-on-year in January after December’s increase was revised down to 2 percent, according to data published by the Hellenic Statistical Authority (ELSTAT... of negative readings. It also represents the second year since 2010, after 2017, that the index has
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Greece registers 42,425 asylum seekers at rising rate in two years of EU-Turkey deal
Societyin Greece for a second year The latest data from the UNHCR, dated up to April, shows that 5,401 asylum seekers arrived in Greece in the year so far. Of those, 2,249 arrived in March. A total of 29,718 sea arrivals were recorded in 2017, the first full year for which the EU-Turkey deal was enforced
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Soldiers' ongoing detention troubles Tsipras, riles Kammenos
PoliticsGreek Politicsof the government’s four-year term in the autumn of 2019. Despite the SYRIZA leader repeating this message, the possibility of him calling time on the coalition’s tenure later this year, once there has... he wanted in the first quarter of the year mostld due to unexpected events, such as the case
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Industrial production falls by 2 pct in February
EconomyMacroeconomyfigure for the first two months of the year showed that the IPI fell by 1.6 percent. The figure... published by the European Commission showed that in the year to date, industry confidence improved by 3... this year and came to 56.1 in February, the highest since June 2000 and representing the longest
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Car sales up by 23.9 pct in March and by 33.3 pct in three-month period
EconomyMacroeconomycar sales for the first three months of the year showed a strong increase of 37.6 percent, coming... on an aggregate basis. According to the full-year data for 2017, car sales doubled in that year compared
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Ahead of IMF Spring Meetings, questions remain about conclusion of programme
EconomyProgramme3.5 percent of GDP primary surplus target next year. The Greek government is adamant that the tax... in order to reach next year’s goal. Before there can be an agreement on debt and fiscal targets, though... Stathakis indicated the sale of the lignite-powered units would be completed by the end of the year
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