Economy
The first cut is the deepest? Greek pension reforms in context
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It is 5:59am on a Sunday morning. The host of the morning talk show, a man of near-pensionable age – a look he has affected for well over a decade – adopts an alarmed look. The caption screams “NEW PENSIONS MASSACRE”. Projected on the backdrop, a dense table of numbers several columns wide defies legibility, and several talking heads are lined up in a panel to argue vociferously and incoherently over how badly pensioners can expect to suffer from the latest spending cuts.
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Sarantis Group sales rise by 6.2 pct in Q1
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
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Hellenic Petroleum net profits down by 40 pct in Q1
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