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Disposable income edges down 0.1 pct in Q1
EconomyMacroeconomycontributions and benefits almost offset by a drop in taxes. Since 2010, disposable income has been reduced... in the previous quarter and stood at 13.72 billion. Compensation of employees has posted a nosedive... by 31.7 percent in Q4 2016. Since 2010, property income has plummeted by 44 percent. Household final
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Georgiou conviction may test relationship with lenders
PoliticsGreek Politicsthat Brussels has “full confidence” in the reliability of ELSTAT’s data. “We take note of today’s... Greece’s lenders is that Georgiou has become a scapegoat, or useful distraction, for the government..., this narrative has also been supported by parts of New Democracy, which believes that it helps
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Public sector evaluation and hirings in the spotlight
PoliticsGreek Politicsto conduct an evaluation of civil servants has failed. The deadline for the third attempt has passed... percent of civil servants stayed away from the process. Either way, it is clear that the government has
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Refugee returns to resume despite concerns over rights and conditions
Society, preference has instead switched to Italy, where record numbers of refugees and migrants continue to arrive... under which they live in has been batted back and forth between the EU and Greece, with no positive... 2017 and will not be applied retroactively. Mouzalas said that the government has received 392
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Unemployment at 21.7 pct in May after revised April figure
EconomyMacroeconomyis the second lowest reading for the year so far. Over the last 12 months, the jobless rate has been reduced... prefectures, the unemployment rate ranged between 17.5 and 22.3 percent. The IMF has adopted an optimistic unemployment forecast of 21.9 percent for 2017. The OECD has said that it expects the jobless rate
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Eurosystem funding drops by 3.9 bln in July on big decline in ELA
EconomyMacroeconomy. Since the conclusion of the first programme review, central bank funding has fallen by 45.35 billion...’ Eurosystem funding has decreased by around 76.21 billion euros from the peak of 126.57 billion in June.... The figure of 39.60 billion for July is the first time since January 2015 that the figure has dropped
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Thessaloniki bus firm row adds to public sector challenges
PoliticsGreek Politics- is in no position to accuse others of nepotism. There has also been an attempt by the government to argue... has to concern itself with the angry response from the outgoing CEO and board. According to reports... approach has given the unions the upper hand. The union representing public healthcare employees declared
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Open wounds that burn forests
Agorasuch a conspiratorial statement be, while the crisis is still unfolding and the Fire Service has not yet... of wildfires by area unit was recorded in Kefalonia, Corfu and Zakynthos. Until the Fire Service has... recorded in the Pyrinées region in February. In Italy, there has been an endless catalogue of fires
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Tsipras looks to recovery, sidesteps review concerns
PoliticsGreek Politicsto be in as it has generally adopted a sceptical, and sometimes obstructive, stance towards... on the lengthy list of prior actions Athens has to get through in the coming weeks. However, the coalition’s... to the tax-free threshold, which has been lined up for 2020, to be brought forward by a year. The Fund also
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Skopje first stop for Kotzias in effort to settle Balkan issues
PoliticsForeign Policygovernment has set as a target to have some kind of progress in the NATO process before... a stable government in the country. Additionally, it has not gone unnoticed in Athens that the new... on the table one of the tricky matters for Greece, which is the Cham issue. Kotzias has repeatedly declared
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