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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeprojections has a material impact on Greece’s debt profile, although under the baseline the debt
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Retail turnover and volume both drop by 3.5 pct in September
EconomyMacroeconomyconfidence has dropped by 41.5 points. Retail trade improved by 1 point month-on-month to -14.3 points
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Exporters focus on new markets to weather pandemic
EconomyMacroeconomyfor Greek exports has experienced a shake up during the first nine months of the year, while exporters
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The risk of losing control before help arrives
Agora, communication and execution challenges. But the vaccine news has given the conclusion of 2020 an opportunity
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Overdue social security contributions rise to 37.4 bln in Q3
EconomyMacroeconomy2020. Overall, KEAO has collected revenues of 6.57 billion since 2013. Starting from 333.3 million
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New tax debt at 4.94 bln to October, jumping by 1.04 bln month-on-month as debtors rise
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 1.04 billion euros in October, data from the Independent Authority of Public Revenues (IAPR) has shown. This is the largest month-on-month tax increase since February this year. New tax debt totalled 4.94 billion, lower than the figure
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Fresh accusations against NGOs as govt hardens stance on migration
PoliticsGreek PoliticsMigration and Asylum Minister Notis Mitarachi has accused the Turkish coastguard and foreign NGOs of putting migrants’ lives in danger on the Aegean crossing. On December 2, 32 migrants were rescued by the Greek coastguard and EU border force Frontex from a half-submerged boat off the island
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Unemployment rate at 16.1 pct in Sept
EconomyMacroeconomymore people hired than fired. Ergani noted that the balance for October has typically been negative
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CPI falls by 2.1 pct YoY in November
EconomyMacroeconomyfor November edged down by 0.9 percent compared to October. The CPI has remained consistently negative
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Employment balance negative by 29,933 in Nov, 40,403 fewer jobs created in aggregate
EconomyMacroeconomyThe employment balance was negative with 29,933 more firings than hirings in November, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 626 more people hired than fired. Ergani noted that the balance for November has typically been
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