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Building permits increase by 64.3 pct in February
EconomyMacroeconomy. Compared to the same month last year, construction confidence has decreased by 26.8 points. The Bank
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Study suggests 1 in 3 employees could work remotely
EconomyFeaturesResearch by the Centre of Planning and Research (KEPE) has revealed that up to a third of Greek workers could work remotely. With the advent of the coronavirus in the country, the Greek employment market was pushed into the digital age by allowing employees to work remotely, something
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Greek families burdened by high tax rates
SocietyA study by the Washington-based think tank, the Tax Foundation, has found that Greek families pay among the highest rates of tax out of OECD member states. The figures were presented in Greece by the Markos Dragoumis Center for Liberal Studies (KEFiM). They show that a Greek worker without children
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The Agora podcast - Episode 1 (Greece & Covid-19)
AgoraOur first podcast is on (what else?) the coronavirus. Host Nick Malkoutzis discusses with MacroPolis co-founder Yiannis Mouzakis and the website's features writer Georgia Nakou about how Greece has coped with the public health challenge of Covid-19 and what impact the virus could have on the Greek
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Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
EconomyMacroeconomy, the PIB balance has worsened by 551 million euros. The budget primary balance recorded a deficit
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Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 1.10 billion euros in March compared to a deficit of 1.14 billion in February, Bank of Greece (BoG) data showed on Thursday. In the same period last year, the deficit was 1.54 billion euros, meaning that the deficit has improved by 431.6
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Travel balance falls by 53.6 pct in March
EconomyMacroeconomyGreece’s travel balance fell to 31.6 million euros in March from 68.1 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 53.6 percent year-on-year (YoY). Receipts came to 92.1 million euros for the month, falling by 71 percent YoY. Travel payments also
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Govt pushes tourism message, digests EU stimulus proposal
PoliticsGreek Politicsand that, as such, it is in a strong position to receive tourists safely over the coming months. Greece has started to make
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April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
EconomyMacroeconomymonth-on-month to stand at -15.4 points. Year-on-year, industry confidence has fallen by 15.2 points
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Turnover in services shows deterioration in Q1
EconomyMacroeconomyhas worsened by 47.6 points. The services indicator is at its lowest since August 2015 when
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