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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomyalso remain the same compared to the previous projections released in early May and call for a mild recession of 0.3 percent in 2014 and a 1.9 percent rebound in 2015. The latest OECD figures for May...) and Portugal (14.3 percent). In the euro area the jobless rate stood at 11.6 percent in May
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Greek unemployment rate hovers at 27 pct in June
EconomyMacroeconomyrevised 27.1 percent recorded in May, according to the Hellenic Statistical Agency (ELSTAT... posted a MoM decline for the first time since February. Following the revision, the May figure..., the number of employed stood at 3.53 million in June implying an increase of 10,290 on the May figure
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Run this way: The recurring pattern of Greek leaders
AgoraAs the Greek general elections of May (and then June) 2012 approached, every poor unfortunate... run, Samaras forgot the 16 billion euros that flew out of Greek bank accounts in May and June 2012..., Samaras should cast his mind back a few years to when he was opposition leader. In May 2011, Samaras
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To Potami intensifies efforts to mop up disgruntled Greek voters
PoliticsGreek Politics, which elected two MEPs in May after receiving 6.6 percent of the vote. Despite its strong showing... popular source for To Potami voters in May. The former coalition partner continues to perform poorly... that this vote may come soon seems to be growing so it is vital for Theodorakis and his team to start
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Standoff over civil servants in Greece bears hallmarks of pre-election clash
PoliticsGreek Politicsat the time may have handed up to 35,000 people long-term jobs in the public sector without following... most populous and economically productive region. Her victory in the May local elections drew great... Dourou’s fiery rhetoric and defiant stance will have the leftist grassroots support purring, it may
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Managing an orderly Greek exit from the memorandum
Agora, a perilously high level not attained since May 2012. At such yields, the government’s objective... between two (or more) eurozone countries may not occur again in the coming months. Thus exiting its... to avoid intrusive IMF supervision may be possible, but the European surveillance exercise can
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ECB stress tests and what they will mean for Greek banks
Economyrecently indicated that Greek banks capital needs may top 1.5 billion euros, a figure that most likely refers to the outcome of the dynamic approach. This figure may also incorporate the positive impact... newspaper indicated on Saturday that Greek banks total capital shortfall may end up well below 1 billion
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The rise of a "Spanish SYRIZA" transform’s country’s politics
Agorato be just a flash in the pan or is here to stay may rely on how credible its proposals can be. The economic... polls, due to be held in May. As national elections get closer, the party will be forced to actively... establishment is not that easy. But its triumph may well depend upon others’ errors too. *Arturo Lopo
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Probe into LAOS leader could spark contest for party's voters
PoliticsGreek Politicsmonths. LAOS caused a minor upset in the May European Parliament elections when it gained almost... ballot, however, put LAOS back in the game. In the wake of the May ballot the possibility emerged... to win over the 154,000 voters who backed LAOS in May’s EU vote.
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Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammeat the beginning of next year, Greek banks may not have access to ECB funding but resort only to Emergency Liquidity Assistance (ELA). Greek banks have eliminated the more expensive ELA funding since last May... by the December 8 Eurogroup will be missed and decisions may be taken either at an extraordinary Eurogroup
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