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  1. After landmark return in April, Greece prepares to tap bond markets again
    Photo by MacroPolis

    Economy

    a 3-year bond issue with the aim of raising 2.5 – 3 billion euros by July 10. The proceeds may... balance outperformed targets by more than 500 million euros to May. In addition, revenues rebounded in May, beating the 5-month target by 142 million from a shortfall of 620 million to April. Strong

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  2. Public deficit and democratic duty

    Agora

    in the European Parliament elections in May. Her party took just 3.4 percent of the vote.... By May 2010, Greece had a financing gap of 35 billion euros for the rest of the year, so it is difficult... as early as May 2009, the state budget deficit was already at 14.4 billion euros, with 43 percent

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  3. End of troika in Greece would create new challenges for coalition

    PoliticsGreek Politics

    While reports that the troika may be disbanded in favour of a more European Union Task Force-style... been whittled down to just two and which may be forced to go to snap elections early next year has... elections in May. This week alone, PASOK has asked the government to remove a provision on derivation

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  4. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    also 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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  5. Greek unemployment rate hovers at 27 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    revised 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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  6. Run this way: The recurring pattern of Greek leaders
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    As 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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  7. To Potami intensifies efforts to mop up disgruntled Greek voters
    Photo from http://topotami.gr/

    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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  8. Standoff over civil servants in Greece bears hallmarks of pre-election clash
    Photo by MacroPolis

    PoliticsGreek Politics

    at 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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  9. Managing an orderly Greek exit from the memorandum
    Photo by MacroPolis

    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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  10. ECB stress tests and what they will mean for Greek banks
    Photo by MacroPolis

    Economy

    recently 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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