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Five things to take away from the first round of Greek local elections
PoliticsGreek Politicsand was elected from the first Sunday. The leftist party had a much larger presence in the regions than ever... dominant combination outside of Attica than the opposition party. SYRIZA will need backing of somewhere near 30 percent (and possibly more than the aggregate support the coalition parties receive
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Greek central government debt inches down to 320.42 bln in Q1
Economydomestically (1.85 billion) and Financial Support Mechanism (FSM) loans (1.3 billion) more than offsetting... stands at 15.84 years, which is slightly lower than the 16.02 years at the end of 2013. The respective figure for new borrowing in 2014 stands at 0.36 years and refers to T-Bills. More than three quarters
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Greek politics in thrall to new faces and old ideas
Agorarather than divisive. His centrist party, To Potami (The River), posits a new proposition by relying on candidates whose strengths lie in their professional achievements rather than how many rungs up... will have to be built in the vision of its policy makers rather than according to the troika’s instruction
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What kind of poll win does SYRIZA need to eye snap elections?
PoliticsGreek Politicscomments from the SYRIZA camp had suggested that the party would need to gain more than the combined... because Elia is not expected to gain more than 6 or 7 percent. However, there will be at least three other... vote rather than the first. In the last local elections of 2010, voter participation stood at almost
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Jobs, hundreds of thousands of jobs
Agoraby more than 20 percent. Greece’s labour market has been devastated, like no other in any modern crisis...) and packaging is expected to bring in 315,000 jobs, which is an increase of more than 70 percent from... considering that the premier does not have a good track record on employment pledges. He promised more than
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Five things to watch for in today's elections in Greece
PoliticsGreek Politicsof more than 3 percentage points and support running in the high 20s would be considered a major... votes than the coalition parties combined and if there is a respectable turnout for the European... will struggle to get more than 7 percent of the vote. This could lead to turmoil within PASOK. A challenge
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politicsguard because his name was not among more than half a dozen that had been linked with the post over... of 4.19 billion euros (2.3 percent of GDP) in 2014, 0.8 percentage points higher than Economic... is at 1.27 million, which is t177 percent higher than March 2009. Youth unemployment remains
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IMF report sees a number of risks lying ahead for Greece
EconomyProgramme, delayed structural reforms that slow competitiveness gains and higher than expected deflation... (ETEAN). Since fewer guarantees have been called than expected, the Greek government may cancel about... fiscal outlook are broadly balanced. The upside risks mainly involve higher than estimated tax
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BoG sees encouraging signs for Greek economy but warns on reforms
Economy, marginally lower than the official troika projection of 0.6 percent. The encouraging signals... positive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor..., they could also result to better than expected fiscal outcome and faster achievement of fiscal
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Greek jobless rate remains stuck at 27.3 pct for third month
Economyin April, 3,600 lower than March. The cumulative drop over the past five years stands at 23.5 percent. The number of unemployed amounted to 1.3 million in April, slightly lower than the March figure by 1,300..., but remains exceptionally high at 56.3 percent. Over the past five years, it has more than doubled
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