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Car sales rise by 15.7 pct in Feb
EconomyMacroeconomywith the absolute figure standing at 12,913. The remainder was made up of lorries (2,386), motorcycles... in the first two months were made up of motorcycles (3,831), lorries (5,110) and buses (288). Motorcycle..., sales of motorcycles were up by 16.7 percent, compared to an increase of 15.2 percent in February 2018
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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgrammein 2019, up from 2.1 percent last year. Growth is seen slowing down to 2.2 percent next year and 1.6... that it is imperative for fiscal policies to free up space that will allow the lowering of tax rates, lead... should aim for a prompt and sustainable clean-up of the financial system. As a result, participating
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Tsipras tempted to ditch snap elections option and hold on until October
PoliticsGreek PoliticsDemocracy is attaching great importance to the EP vote and that it is talking up the level of anger... from calling snap general elections in May, SYRIZA will have to step up its campaign for the EP... on March 27 to firm up the cooperation with other forces. The process has been shunned by Movement
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BoG data shows that overseas property investment revenue accelerated in 2018
EconomyFeaturesProperty investments from overseas parties have picked up in recent years in Greece, as illustrated... permits granted by region in 2018 up to November. The most popular city was Athens which accounted... particularly come under fire in Greece, where clusters of Airbnb properties have driven up rent
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Main residence draft law shows signs of compromise in several areas
EconomyProgrammeto 21,000 euros for a married couple and 5,000 euros is added to this for each child, up to a maximum... their mortgage in up to 25 years at an interest rate of 2 percent above the 3-month Euribor, while.... The subsidy will be withdrawn if the recipient does not keep up his/her repayments. The protection as a whole
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Protection of main homes the next step in assembly of election ammunition for SYRIZA
PoliticsGreek Politicsand hopes to follow this up by launching settlement schemes for social security and tax debts in due... and possibly overdue taxes comes up in the coming weeks. Tzanakopoulos confirmed that government officials... ending up in exile in East Germany after the civil war and claiming that having the party’s
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Name protests, scandal allegations inflame SYRIZA-ND rivalry
PoliticsGreek Politicsover a range of issues. The tension between Greece’s two main parties had been building up over... at the conservatives over another issue on Monday. The leftists picked up on the fact that opposition leader... “destroy the narrative that the protests against the government are stirred up by ND.” The incident
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Only inconclusive poll result would prompt KINAL approach, suggests Mitsotakis
PoliticsGreek Politicsconjure up ideas of some kind of coalition,” he said. “I want to create broader convergences... of letting up in his criticism of Tsipras over this issue, even though the New Democracy leader was himself... suffering in the north of the country, keeping up the rhetoric on this issue may clinch
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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammeprofits from eurozone central banks, which is worth 644 million euros, and abolishing a step-up... scheme for the protection of primary residences was the main topic that held up an agreement between... government was aiming to wrap up the process by the end of February, in accordance with the initial schedule
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IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
EconomyProgrammerate of around 5 percent. He said this would free up fiscal space for social spending and tax cuts... taxpayers who owe social security contributions or tax to settle their debts in up to 120... as part of the package of measures but this will only be available to applicants who keep up
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