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Newsletter 271 -30/10/2020
than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200 euros. This rose to 12 percent in Q2 2020. During the same period, those earning between 200 to 1,200... that a large portion of workers fell into one of three categories: Either they saw their work suspended
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million
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Spain’s economic recovery languishes amid graft scandals
Agoraintermittently dropped below the 200 basis points for the first time in two-and-a-half years. Analysts... is not expected even though the main Spanish banks’ saw their profits surge in 2013. Analysts warn... Catalonia would be out of the euro and the European Union, whereas the Catalan president, Artur Mas
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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern
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Newsletter 269 -16/10/2020
encouraged extremists and that New Democracy even saw GD as a potential future ally, which is why... of GDP this year and to remain above 200 pct in 2021 as well. It will resume its prior downward path... shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues
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General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine months of the year compared to a surplus of 4.53 billion in the same period last year, according... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came
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Pandemic takes heavy toll on Greek workers, study finds
EconomyFeaturesan increase in the number of persons receiving less than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200 euros. This rose to 12 percent in Q2 2020. During the same period, those earning between 200 to 1,200 euros decreased by 11.3 percentage points
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October, European Commission (EC) figures revealed on Thursday. Sentiment has stayed above the 100-point mark... a score of 96.8 was noted for November. Compared to November 2017, the ESI has risen by 3.2 points
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Consumer confidence hits 19-year high, ESI highest since 2007
EconomyMacroeconomyGreece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points, European Commission (EC) figures showed on Thursday. As of August’s reading, the index has remained above..., when the index reached 109.1. Compared to August 2018, the ESI has increased by 3.7 points. Consumer
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