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Number of private sector employees rises in 2017 but wages fall
EconomyMacroeconomyby more than one firm. Compared to last year, the number of companies has risen by 14,085, while the number of unique employees has increased by 121,913 versus last year. Nearly three quarters of firms
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Most Greeks negative about spending power in 2018
SocietyA Christmas survey by Deloitte Greece has found that Greek consumers appear to be the most pessimistic in Europe. The local report has been released for eight years running and is carried out across 10 European countries. The Greek survey questions 500 consumers about their Christmas budget
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Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
EconomyMacroeconomyGreece’s new tax debt rose by 1.19 billion euros in November, a slight increase on October’s figure of 1.18 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed. New... for this tax category has been 75 percent in October. On a monthly basis, all collectability rates apart
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Industrial production shows growth of 0.8 pct in November
EconomyMacroeconomyon Tuesday. In the figures for 2017, the IPI has remained steadily in positive territory. The latest figure... that in the year to date, industry confidence has improved by 5.9 points. Additionally, the Markit
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Survey shows that Greeks cut back on healthcare visits in 2017
SocietyResearch by the National School of Public Health has revealed the changing habits of Greeks during the crisis when it comes to addressing their health problems. According to the research, published... has been carried out regularly since 2001. In the past year, three out of 10 respondents
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Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
EconomyProgrammeMonday’s Eurogroup is expected to confirm that the third review has been completed and that Athens will be able to receive its next tranche of bailout funding once a few remaining prior actions... of arrears has been fully allocated. According to Deputy Prime Minister Yiannis Dragasakis
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Brussels sets out guide for post-MoU financing needs, cash buffer
EconomyProgrammeof a cash buffer. This is the first time that the eurozone has acted on the agreement of the June.... The financing schedule between now and the end of the programme has 18.4 billion euros, which creates a cash
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Greek banks complete first round of covered bond issues
EconomyBankingAlpha Bank has become the latest among Greece’s four systemic banks to carry out a successful covered bond issue with the public auction of a 500-million euro bond last week. The bond was released... and 2.75 percent yield to maturity. The bond is listed on the Luxembourg Stock Exchange and has
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Athens prepares for bond issue, eurozone works on growth/debt mechanism
EconomyProgrammeof the concerns the coalition has going forward is that investors may see more of a risk in holding... ministers by the end of March. The newspaper claims that the aim is to ensure that Greece has as light
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Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 pts
EconomyMacroeconomyto 76.3 in August 2015 due to the prevailing uncertainty. As confidence has slowly returned, the ESI has gradually improved, especially after May 2017 and the successful conclusion of the second
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