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Greeks dissatisfied with benefits scope and access, OECD survey finds
SocietyAn international survey by the Organization for Economic Cooperation and Development (OECD) has shown that Greeks are among the least satisfied with their public services out of 21 nations surveyed. The data was contained within the organisation’s Risks that Matter survey and found that many
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Primary surplus confirmed at 822 mln in Feb
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 822 million euros in the first two months of 2018, down significantly against last year’s figure of 2.70 billion euros, the Finance Ministry (MoF) final budget execution bulletin for February showed on Tuesday. The primary surplus surpassed
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Main residence draft law shows signs of compromise in several areas
EconomyProgrammefor the duration of the mortgage but the recipient’s eligibility will be re-assessed every year
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February deposit movement negative by 789 mln
EconomyMacroeconomysentiment around the conclusion of the third review and the buildup to Greece’s exit from its adjustment
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammerate of 5.13 percent because it is beyond Greece’s IMF quota. With the IMF and World Bank spring
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyGreece’s manufacturing PMI increased to 54.7 points in March from 54.2 points in February, staying over the 50-mark threshold for close to two years. The latest reading marks a strong close to the first quarter of the year for Greek manufacturers. It also marks the longest continuous period
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Central bank points out signs of recovery in business lending
EconomyThe signs of recovery in the provision of credit to businesses in the Greek economy were presented in Bank of Greece’s (BoG) annual report on Monday. The stock of loans in the Greek banking system that was extended to businesses and households was reduced further in 2018 as deleveraging continues
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Trade deficit drops by 3.5 pct in Feb
EconomyMacroeconomyGreece’s trade deficit fell by 3.5 percent year-on-year (YoY) in February, compared to an increase of 5.1 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed. The deficit stood at 1.65 billion in February compared to 2.16 billion in January. Imports
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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
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Hirings balance positive by 43,737 in March
EconomyMacroeconomyThe employment balance was positive in March with 43,373 more hirings than departures, data from the Labour Ministry’s Ergani information system showed. Ergani notes that the balance for this March is the second highest positive balance on record for the month since 2001. It also marks the seventh
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