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CPI rises for ninth straight month in Sept with 1 pct increase
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in September, up slightly from the 0.9... (HICP) also rose by 1 percent in September, up from August’s figure of 0.6 percent. The main driving..., respectively. The Finance Ministry’s latest draft budget projects the HICP to rise by 1.1 percent
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IMF still sees fiscal gap in 2018 - no action needed, for now
EconomyProgrammeFund released the World Economic Outlook (WEO) and Fiscal Monitor (FM) which also include the Fund’s... decade, when the Greek growth estimate eases to 1 percent in 2022. This year’s GDP will be boosted... as part of Greece’s request for a precautionary Stand-By Arrangement (SBA). The exception is the GDP
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Budget primary surplus at 4.5 bln in 9-month, below target on lower revenues, higher tax refunds
EconomyMacroeconomyof 2017, increasing by 18.3 percent against last year’s figure of 3.81 billion euros, the Finance Ministry... to 958 million euros, picking up pace from August’s figure of 520 million euros. The budget balance... to the date for the first installment of this year’s ENFIA property tax being set for September
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Focus back on remaining prior actions after mission chiefs' visit
EconomyProgrammethere appears to be agreement is this year’s fiscal performance, public sector appointments, widows... for self-employed workers with an income exceeding 40,000 euros and next year’s budget. The latter... of this year, is the volume and fate of this year’s fiscal overperformance, which Athens expects to reach
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Athens in dispute with Spanish ambassador over Catalonia stance
PoliticsForeign Policythe crisis in Catalonia. Speaking to Sunday’s Eleftheros Typos newspaper, Spain’s Ambassador to Greece...’s institutions. Secondly, there was no indication that Athens harboured any support for calls
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Debt relief-for-reforms option being discussed for post-programme era
EconomyProgrammeGreece’s lenders are discussing the possibility of reaching an agreement with Athens to link debt... approval by several parliaments in the eurozone, including Germany’s. Euro Working Group chairman Thomas... Greece’s yield curve.
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Array of centre-left leadership candidates edge towards watershed vote
PoliticsGreek Politics’s bailout programme. In a somewhat unusual step, the candidates have decided to initiate... to emphasise the party’s historical character rather than articulate her own distinctive political... not a household name outside the party, Androulakis leans heavily on his links with PASOK’s youth. He
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Greece drops six places in global ease of doing business report
EconomyFeaturesThe World Bank’s Doing Business 2018 report showed that Greece fell several places to stand at 67 out of 190 countries surveyed. Last year’s report had put the country at 61. The latest figures..., according to the report. This year’s score put the country lower than neighbouring Albania at 65, Turkey
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Unemployment falls again in August, edging down to 20.6 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell to 20.6 percent in August after a downward revised 20.9 percent in July, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.... August data from the Labour Ministry’s Ergani information system showed that the employment balance
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Industrial production grows by 2.4 pct in Sept
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 2.4 percent in September after a mild downward revision of August’s figure to 5.5 percent, Hellenic Statistical Authority (ELSTAT) data... from the previous month’s reading of 52.8 in September.
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