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Building permits drop by 10.2 pct in Jan
EconomyMacroeconomyincreased by 21.8 percent. Greece’s construction sector has remained subdued in recent years as both... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed..., construction confidence has risen by 7 points.
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Retail turnover falls by 2.3 pct in Feb, volume drops by 3.3 pct
EconomyMacroeconomy. The headline figure means that the index has remained negative for three consecutive months so far.... As with the retail index, the volume index has stayed negative for three consecutive months. Compared..., consumer confidence has improved notably by 20.5 points.
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Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
EconomyProgramme. Although Greece has committed up to 2022 for a primary surplus of 3.5 percent the current policy... translates into roughly 5.5 billion euros of fiscal space. It is reported that the Finance Ministry has been... benefits or handouts. The main objective will be to reduce some of the tax burden that has
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Building permits drop by 5.1 pct in Feb
EconomyMacroeconomyhas remained subdued in recent years as both private and public construction projects were halted due... permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total... points to -49.5 from -48 in March. Compared to the same month last year, construction confidence has
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Unemployment drops to 18.1 pct in March
EconomyMacroeconomytime last year, the unemployment rate came to 20.2 percent. Unemployment has continued to slowly fall... the peak of 1.35 million unemployed in September 2013, unemployment has shown a fall of around 36.9... to 22.8 percent. This figure has been in decline since the high of 31.6 percent in May 2013
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Mitsotakis focuses on investment and taxes as ND launches election campaign
PoliticsGreek Politicsleader referred to the fact that SYRIZA has “borrowed” a number of the tax policies set out by New... belatedly to the middle class, which has become a key player in this election, turning its back on SYRIZA... the necessary room for manoeuvre it needs to implement the reforms he has promised. “Opinion polls do not count
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Building permits drop by 14.4 pct in March
EconomyMacroeconomysector has remained subdued in recent years as both private and public construction projects were.... At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However... to -53.6 from -49.5 in April. Compared to the same month last year, construction confidence has risen
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomy, the jobless rate has declined by 2 percentage points (pps) from the Q1 2018 figure of 21.2 percent... aged over 65, where the rate came to 11.2 percent. This group also has the lowest overall rate... has fallen below 600,000 for the first time since Q4 2011 when it stood at 537,300. Part-time
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ND maintains big lead but keeps foot down to counter possible low turnout
PoliticsGreek Politicsthat Mitsotakis has ruled out working with SYRIZA, his sights are set on gaining a parliamentary majority... that some Greeks might not vote and others might consider that the result has already been determined... with safeguarding delicate balances within his party. A complication has emerged over the televised debate
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Greek banks maintain focus on key areas as elections approach
EconomyBankingratio by around 90 bps. The issue has been rated Caa3 by Moody’s and CCC by S&P. According..., the bank has entered into discussions with possible investors of the Mirror portfolio, composed... million euros in serviced loans. In addition, the management of all non-performing loans has been
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