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GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP grew by 0.1 percent quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2017 after an upwards revised increase of 0.4 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Monday. The headline
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New Democracy targets SYRIZA over law and order, independent institutions
PoliticsGreek Politics, it should be pointed out that apart from Liargovas’s previous connections to New Democracy
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Coalition's moves on public sector hirings under scrutiny
PoliticsGreek PoliticsThe government’s approach to hirings in the public sector has come under scrutiny after a couple of developments this week. The first was an alleged decision to exclude from applying for permanent jobs in municipal sanitation departments anyone who had no previous experience. This prompted
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Net job hirings balance turns positive by 16,628 in February
EconomyMacroeconomyin the previous month. A positive employment balance was recorded in all age categories except
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Building activity down by 6.7 pct in Dec after rising by 8.6 pct in 2017
EconomyMacroeconomyBuilding permits fell by 6.7 percent in December against a rise of 16.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The data revealed that the final month of the year recorded an absolute number of permits that stood at 1,233, keeping
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Athens identifies drivers for growth as it draws up strategy for next years
Economy, marginally slowing to 3.8 percent in 2022. It should be noted that Greece’s previous peak was in 2008, when
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Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
EconomyMacroeconomydown by around 2.61 billion compared to the previous month. The BoG figures also revealed
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Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The wages index captures employees’ gross earnings, which
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Finance Ministry waits for new property values as talk of bad bank gathers pace
EconomyProgramme. The targeted revenue from the ENFIA levy remains at 2.65 billion euros this year, as it was in previous
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Progress on new property values but concerns about energy privatisation
EconomyProgrammethat this is unlikely to lead to any significant changes to the ENFIA property tax. In previous years, authorities
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