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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomythe estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9... to the same period of 2013. Last year closed with total arrivals of 17.9 million or 20.1 million if cruise ships are included. Including cruise passengers, the total number of visitors for 2014 is expected
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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomy-1.1 to -2.5 percent, while the respective drop in Ireland stood at slightly higher levels, between... is clearly depicted in the nominal unit labour cost, defined as total compensation of employees divided... as real GDP divided by total hours worked) in Greece showed a slight rise of 0.4 percent in 2013 after
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Newsletter 31 - 19/06/2015
moderate outflows of around 2.9 and 1 billion, respectively. More than 70 percent of total withdrawals..., corresponding to 42.3 percent of the total outflow. Management at the country’s banks also indicated... for ECB funding – while banks also pay a fee to the Greek state corresponding to 1.1 percent
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Newsletter 40 - 28/08/2015
December, total outflows reached 44.42 billion euros, more than 27 percent of the total deposits balance... consecutive quarter mainly reflects a rebound in final consumption by 1.1 percent and a fall in imports
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Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/10/unemployment_1000_myrto_1010-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
EconomyMacroeconomyby 1.7 pp to 23.8 percent, while the next age group (45-64) posted a lower decrease by 1.1 pp to 18.8..., the percentage of long-term unemployed to total jobless rose to 73.1 percent after easing to 71.6 percent in Q1. Part time employment slipped to 9.5 percent of total employed with 68 percent of part timers
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Newsletter 49 - 30/10/2015
is to increase motor tax, which was initially targeted to bring in 1.1 billion. However, this would mean... July 2003. Total deposits are at their lowest level since July 2003. Economic sentiment creeps up... tested. Tsipras’s task in trying to hold all this together and prevent a total collapse is huge. His
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Greek stocks on slide for third straight week
Economybond swap offers that resulted in a capital strengthening of 2.9 billion euros in total for the four...-preemptive international institutional offerings to raise at least 6.3 billion euros to cover their total... (+1.4 percent), Folli-Follie (+1.1 percent) and Coca Cola Hellenic – CCH (+0.8 percent). In contrast
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomyincome tax fell by 1 percent to 922 million. Total ENFIA revenues are targeted at 2.65 billion euros... target to be met, despite some seasonal taxes such as road tax fees of 1.1 billion due to paid... in the 10-month period to 5.33 billion, in line with target. Overall, total expenditure fell by 4.8 percent
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomyin 2015. The combined effect of higher primary expenditure and lower interest payments led total... (under Greece’s programme method) stood at 1.1 billion euros, which corresponds to 0.63 percent... the same six-year period by a total amount of 30.76 billion with the deficit landing at 5.6 billion
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
Economyto generate total proceeds of 5.8 billion euros by 2018, of which 2.5 billion are expected to be collected in 2016, 2.2 billion in 2017 and 1.1 billion in 2018. The MoU signed in August envisaged privatisation... will be transferred to the Italian grid operator Snam. Of the total 66 percent stake in DESFA that is directly
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