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Budget primary confirmed at deficit of 18.20 bln in 2020
EconomyMacroeconomyeuros which was 103 million euros higher than the monthly target. State budget net revenues came to 47.36 billion euros in the aggregate period, as mentioned, 909 million euros or 2 percent above than... stood at 9.79 billion, higher than the target by 174 million euros. Interest payments came to 4.77
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PM tightens lockdown, braces for economic and political impact
PoliticsGreek Politicsthat, despite recent criticism, his government’s record in dealing with Covid-19 has been better than..., to combat overcrowding on public transport and its decision to hire more policemen rather than spend... of the year, making it clear that the government had already dug deeper than it expected. The latest
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Unemployment drops to 15.8 pct in December, lowest since February
EconomyMacroeconomyemployed if the duration of their contract suspension is less than three months or if they receive more than 50 percent of their salary. The data showed that there were 24,332 fewer unemployed people... with 2,338 more hirings than people leaving their jobs. Compared to the same month last year
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Newsletter 293 - 16/04/2021
and Resilience Plan. He argued that SYRIZA’s plan would cost less than 6 billion euros and would help get... three months, lower than the target by 733 million euros, or 5.5 percent. The full revenue breakdown... euros, lower than the target by 1.55 billion euros, or 8.3 percent, mainly due to expenditure
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Newsletter 295 - 07/05/2021
. For instance, the alcoholic beverage industry in Greece employs more than 30,000 people and, under normal circumstances, contributes more than 1.5 billion euros to the national economy. Most of its sales... stands at little more than 60% - towards the lower end of the EU scale. It is also just 47% for those
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Vaccination scheme gaps identified as Greece prepares to discard masks
PoliticsGreek Politics, Stella Kyriakides, Mitsotakis noted that Greece has now administered more than 7.5 million jabs... and age. For instance, while more than 60 pct of the residents of some islands have received the jab, less than 30 pct of people living in various parts of northern Greece have done so. Perhaps
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Govt intent on making some relief measures permanent
PoliticsGreek Politicsless well among Greeks in their 20s and 30s than those over 50, but young voters have also grown far more disgruntled with the government’s handling of the pandemic than their elders. This could... the apparent reluctance of some older Greeks to take up the Covid jab. More than 30 pct of over-80s
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Travel surplus of 1.27 bln in Oct as receipts reach 58 pct of 2019 levels in 10 months
EconomyMacroeconomyis encouraging because aside from more than doubling from the roughly 490 million euros figure last year, it is even higher than the 1.2 billion euros recorded in October 2019. Receipts came to 1.44 billion..., to 656.2 euros, and significantly higher than the 498.3 euros average of 2019. Travel receipts from the 27
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Mitsotakis unveils property tax reduction, searches for pre-election narrative
PoliticsGreek Politicsthan last year. It should be noted that in this year’s budget projects revenues being 70 million euros lower than in 2021. This projection means a total reduction that is 280 million euros bigger than... believe could be held this year rather than at the end of the government’s four-year term in 2023
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Employment data for 2021 shows 88.3 pct of firms have up to 10 staff, 1 in 5 workers earns below 500 euros
Economyemploying up to 50 staff. The total of Greek firms employing less than 50 employees stands at more than... employees that are working for companies with more than 250 staff. The largest portion of companies... pct of workers being paid less than 500 euros gross, reduced from 2020 by roughly 3.7 pct, though
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