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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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Economic sentiment drops in March after reaching recent high, consumer confidence stable
EconomyMacroeconomyThe strong recovery trend in Greece’s economic sentiment (ESI) stopped in March as it dropped by 4.5 points to 99.8, from 104.3 in February, data from the European Commission (EC) showed on Tuesday. February’s figure was a strong increase from the 101.9 points recorded in the previous months
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Credit contraction at 1 pct in February on lower household, and corporate lending
EconomyMacroeconomythe previous month’s decline of 825 million euros. The changes in February come from negative balance
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Tsipras eyes common ground with centre-left over revision of constitution
PoliticsGreek Politicshow and when politicians can be held accountable for previous actions) and for the election
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Job hirings outpace departures by 55,494 in March
EconomyMacroeconomycompared to 60.6 in the previous month. A positive employment balance was recorded in all age
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Building activity up by 18 pct in Jan, permits dip below 1,000-mark
EconomyMacroeconomyBuilding permits rose by 18 percent in January compared to a decrease of 6.7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The data revealed that in the first month of 2018, the absolute number of permits stood at 926, dipping under
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IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomy. Debt will steadily drop in the coming years, landing at 165.1 percent in 2023. In the previous Fiscal
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Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
EconomyMacroeconomy, while that for the ECB increased by around 769 million compared to the previous month, the first time
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