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  1. Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
    Photo via Fosphotos

    EconomyProgramme

    . Greece will also have to wait until next year to discuss with its eurozone partners a possible... reducing the primary surplus target next year and beyond through an alternative use of the bond profits... request for lower fiscal targets will also be discussed next year, the eurozone official said

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  2. Number of private sector employees rises by 78,391 in 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by firms electronically into Ergani and is released to summarise activity each year. The data... employed by more than one firm. Compared to last year, the number of companies has risen by 7,899... remaining mostly unchanged from the previous year. The majority of employees (69.2 percent) put

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  3. BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
    Photo by MacroPolis

    Economy

    to higher lending to businesses. During the first nine months of the year, the profitability of banks has... in government, and corporate, bonds have receded throughout the year. The BoG underlines... available national accounts data for the first nine months of the year, the BoG expects the Greek economy

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  4. ND mulls next tax cuts as it prepares to unveil new electoral law

    PoliticsGreek Politics

    The year ends with the government considering how it will use any available fiscal space in 2020... euros per year are expected to pay 11 to 23 euros less in tax per month as a result of the reduced... on the government’s agenda going into the new year. Finance Ministry have told the local media

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  5. Pension bill to be unveiled as govt prepared for fifth post-MoU review
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to 2.5 pct of GDP which would give it an additional 2 billion euros of fiscal space in the coming year... to the following year so that any available fiscal space does not have to be used at the end of each year

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  6. Dec CPI up by 0.8 pct yoy as 2019 rise comes in at 0.3 pct

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) increased by 0.8 percent year-on-year in December, following a rise of 0.2 percent in November, marking two positive readings after three negative months, Hellenic... in December a year ago. The core index edged up by 0.7 percent in December, from 1 percent in November

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  7. ND's electoral bill put before MPs as PM mulls options for president

    PoliticsGreek Politics

    elections soon to avoid having to go to a national vote at the end of his four-year term under... this year as his party rides high in the opinion polls. Speaking at an event organised by the American... in the constitution approved late last year, Mitsotakis does not have to worry about the fate

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  8. Disposable income rises by 3.5 pct YoY in Q3, final consumption up by 0.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek household disposable income grew by 3.5 percent year-on-year (YoY) in the third second quarter (Q2) of 2019, decreasing from the rise of 5 percent noted in the previous quarter, according... at 31.86 billion euros compared to 30.77 billion euros a year ago. An increase of 4.5 percent was noted

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  9. Deposits rise by 3.65 bln in December

    EconomyMacroeconomy

    billion. In December last year, net deposit movement was positive by 3.15 billion euros. A breakdown... in aggregate deposit inflows year-on-year. The latest aggregate balance is attributed to sight

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  10. PMI at 54.4 points in Jan as employment growth hits all-time high
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    start to the new year. A rise in production was noted as a key factor towards this improvement, linked to growing demand and new customers. The pace of growth was in line with that seen one year ago. New... manufacturing industry had signalled a strong start to the year as production and new business picked up

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