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What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgrammeLabour market reforms have proved one of the most complex issues in the second programme review, as was evident from the negotiations between Greece and its lenders so far as well as the December 5 Eurogroup statement. The key labour market deliverables largely involve bringing collective dismissal
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Trade deficit drops at an accelerating pace of 16.1 pct in October
EconomyMacroeconomy-EU countries fell by almost 5 percent. Stripping out the impact of oil products, both imports
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Greece and creditors feel their way into new round of talks in Athens
EconomyProgrammehaircut. On HCAP, the December 5 Eurogroup statement noted that the appointment of its Board
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Review delay brings Greek liquidity needs back into focus
EconomyProgrammemeasures approved by the Eurogroup on December 5, which have been put on hold by the ESM after Prime
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Tsipras mixes rhetoric as review conclusion demands political decisions
PoliticsGreek Politicsfrom 5 percent of the workforce to 10 percent. This leaves all sides with plenty of ground to cover
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Trade after Brexit: How Greece and the EU will be affected
Agora%). The rest of the UK’s ‘Big Seven’ trade partners send between 5% and 7% of their exports to Britain
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General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus grew by 1.4 billion euros to 6.4 billion in the 11-month period of 2016 from 5 billion a year ago, the Finance Ministry (MoF) gg bulletin revealed on Tuesday. The improvement is mostly attributed to an expansion of the extrabudgetary and social
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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomyGreek households’ new time deposit rate declined for the third successive month in November, when t fell by 5 basis points (bps) to 0.71 percent from 0.76 percent in October, Bank of Greece (BoG) data showed on Wednesday. The November rate is a new record low for the last 14 years. Since
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Greek stocks start 2017 with gains of 2.6 pct, banks continue outperforming
Economyunaffected by UBB sale. Titan said that FMR LLC holds 5 percent of the company’s shares. Terna Energy
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Economic sentiment and consumer confidence rebound by more than 2 pts in Dec
EconomyMacroeconomybusiness indicators improved by 5 up to 15 points. In particular, the highest increase was recorded
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