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Unemployment rate falls to 18 pct in Dec, lowest since July 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate continued its downward path in December... previously, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. In December 2017... of 3.87 employed persons is the highest employment since January 2012. ELSTAT’s data showed
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CPI rises by 0.6 pct in Feb for tenth consecutive monthly increase
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.6 percent in February from 0.4 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. February’s figure marks ten... came to an increase of 0.7 percent. Month-on-month, the CPI fell by 0.1 percent compared to January’s
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BoG data shows that overseas property investment revenue accelerated in 2018
EconomyFeatures, respectively. The final quarter’s increase is the highest since Q1 2009 when a YoY rise of 2.9 percent... combined to offer an increased incentive for overseas property investors trying to enter Greece’s property... residence permits had been granted as of the end of November 2018 under Greece’s Golden Visa scheme
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Travel balance rises to 66 mln in January
EconomyMacroeconomyGreece’s travel balance rose notably in January with a surplus of 66 million compared to 13.5... to around 208,000. Overall figures The Greek Tourism Confederation’s (SETE) annual outlook had... for 2018 confirm SETE’s outlook. The latest available figures from SETE showed that as of December 2018
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BoG underlines progress in NPE reduction but stresses need for systemic solution
Economy’s share coming from denounced business loans worth 3.6 billion euros, closely followed by sales... following the agreement between the Greek authorities and the country’s lenders on the new household... restructuring. At the end of September, Greece’s systemic banks submitted to the SSM new ambitious targets
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Confrontation over graft claims moves into overdrive
PoliticsGreek Politicsthat the claims are fabricated and the result of SYRIZA’s intervention in the judicial process. The conflict... and that SYRIZA’s efforts to make this change will not be approved by the next Parliament because.... The government said that Venizelos’s comment was an admission that New Democracy and KINAL will block any change
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Extending Brexit: Reaching the Larry David moment of the saga
Agorato Brexit as well. The UK’s withdrawal from the EU, originally planned for the March 29, had already..., the chances of Theresa May resigning -whose resilience is often likened to the one of Monty Python’s... out the trade-offs and compromises that the UK’s withdrawal from the EU entails, the British political
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Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 120 mln
EconomyMacroeconomy, staying below 10 billion for a third consecutive month. March’s figure was driven largely by a drop of 550... elimination of ELA funding is expected to manifest in the bank’s financial statements over the next few months, following news in March that Greece’s four systemic banks had fully eliminated ELA funding
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Divorces in Greece increase by 74.2 pct in 2017
Societycompared to 11,013 in 2016. ELSTAT noted that the lawyer’s strike in the first three months of 2016... to the data. In 1983, Greece passed a law making divorce by mutual consent easier. According to ELSTAT’s data... according to ELSTAT’s available data which begins in 1992, with 2017’s absolute number also representing
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Economic sentiment down to 100.3 in April, consumer confidence continues to strengthen
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 1 point in April to 100.3 points, European Commission (EC) figures revealed on Monday. April’s reading is the third consecutive figure over the 100-point mark. Barring January’s reading of 99.6, the index has remained above 100 points in the year so far
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