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Unemployment edges down again in June, falling to 17 pct
EconomyMacroeconomythe Labour Ministry’s Ergani database for July showed that there were 14,691 more firings than hirings. Compared to the same month last year, there were 6,081 fewer hirings than firings in July 2019. The data... departures. In the aggregate period, the employment balance showed 281,775 more hirings than departures
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Newsletter 219 -13/09/2019
not been previously announced, some of which will apply in the coming years rather than being included... 8,500 euros, and the income tax rate for those earning less than 10,000 euros come down from 22 to 9... billion, lower than the figure for the same period last year by 17.7 percent. In June the total stood
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September employment balance stays positive by 2,651
EconomyMacroeconomyThe employment balance stayed positive in September with 2,651 more hirings than firings, data from... hirings than firings. This was followed by those aged 45-64 with a positive balance of 4,499, and those..., the employment balance showed 287,537 more hirings than departures. Ergani noted that the balance for the first
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Budget primary surplus at 4.48 bln in September
EconomyMacroeconomy, higher than the target by 1.94 billion euros or 4.8 percent. The full revenue breakdown will be provided... billion euros in the aggregate period, higher than their target by 344 million euros. Compared..., and standing 4.3 percent higher than for the same time last year. Expenditure Primary expenditure came
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesin order to kick-start the country’s stagnant property market. This would bring more than 100,000 unsold... the numbers for 2018 picked up, they were still around 85 percent lower than that for 2005, and the majority of the projects concerned involved refurbishments rather than new builds. Property sales
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Sept budget primary surplus confirmed at 4.47 bln, well above target
EconomyMacroeconomythan the target by 1.94 billion euros or 4.8 percent. A breakdown of revenues showed improvements... million (-5.4 percent). Tax refunds came to 3.52 billion euros in the aggregate period, higher than..., beating their target by 1.60 billion euros, and standing 4.3 percent higher than for the same time last
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Overdue social security contributions rise to 35.54 bln in Q3, new debtors rise
EconomyMacroeconomy) revealed. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from... amounts. A breakdown of amounts owed showed that 79 percent of debtors owe less than 15,000 euros each... than the amount for 2016 by 28.4 percent. For 2018, total revenue collection came to 1.37 billion
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Budget primary surplus at 5.76 bln in October as expenditure drops
EconomyMacroeconomymillion euros. On an aggregate basis, gross revenues came to 47.32 billion euros, higher than the target... billion euros in the aggregate period, higher than their target by 358 million euros. Compared to the same..., and standing 5.6 percent higher than for the same time last year. Expenditure Primary expenditure came
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomyversion of early October. The economic assumptions underpinning the budget remain more ambitious than.... Public spending growth will more than halve compared to this year at 0.6 percent, while exports... billion euros, more than 1 percent of GDP. Public debt will remain broadly unchanged at 329.5
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Unemployment edges down to 16.8 pct in September
EconomyMacroeconomyErgani database for November showed that there were 30,559 more firings than hirings. Compared to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came... hirings than departures. Ergani noted that this represented the second highest employment balance
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