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BoG charts how crisis has affected private sector employment
Economyprivate sector employment has been affected during the crisis. The first finding is related... period prior to June 2008. According to the study, the number of those registered with IKA has been moving upwards since early 2013 and from May 2013 has risen month on month. At the end of November 2013
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Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
SocietyThe economic crisis has increased wealth inequality in Greece at a much faster pace than in other... and Spain. In Greece the top decile has a 56.1 percent share of wealth at the moment, which puts... in its group where there has been what Credit Suisse terms a “rapid rise” in inequality between 2007
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Parliament's bailout probe has potential to be politically toxic
PoliticsGreek Politicshas already objected to the fact that the investigation will only seek to cover the period from May... Minister Alexis Tsipras has cultivated ties with Karamanlis over the years. It is believed that the ex... a coalition in June 2012. Nevertheless, there has been a strong feeling within New Democracy
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Tsipras has until Sunday to keep Greece in euro, must pass measures immediately
PoliticsGreek PoliticsGreece's European lenders told Prime Minister Alexis Tsipras on Tuesday that he has just a few days... of the possibility of a "black scenario" on Sunday. Athens now has to send a request for a new European... in such circumstances. This was by far the starkest message that Tsipras has been given since coming to power
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Greece's pursuit of normality has only one starting point
Agora) has still not been approved by the House of Representatives. The parliamentary discussions have been delayed since August 2015 due to political opposition. · Pressure for fiscal relaxation has... of the Telecommunications Authority. · The law on the State-Owned Enterprises' (SOEs) corporate governance has
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Athens puts off bond sale, has fiscal concerns to address
EconomyProgrammewithout having to risk a higher cost of borrowing than it would want. There has been some... the 7-year note. Finance Minister Euclid Tsakalotos has indicated that the government would like to sell.... In the meantime, the Finance Ministry also has a number of significant fiscal issues to contend
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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politics. The SYRIZA leader has tried to keep himself out of the matter as much as possible, which some observers have taken as a sign that he is frustrated with his close ally. All Tsipras has had to say... underhand tactics in association with the conservatives’ allies in the media. SYRIZA has chosen instead
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Parties on edge as Golden Dawn case has potential to go either way
PoliticsGreek Politicsto root out the influence Golden Dawn has within the police force. SYRIZA’s decision to tread... the 3 percent threshold for entering Parliament. The poll has SYRIZA just ahead of New Democracy..., points to one of the reasons that Golden Dawn’s popularity has not dropped more during recent weeks. When
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Greek bank capital increases: A breakdown of what has been achieved
Economyhas a capital shortfall at 2.18 billion. On the flipside, Alpha and Piraeus’s capital needs stood at relatively low levels of 262 and 425 million respectively. On top of that, Alpha has already... of NBG preference shares worth 1.35 billion. The bank has stated it plans to repay them “when
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SYRIZA has makings of pact with Independent Greeks but To Potami not on board yet
PoliticsGreek Politics. However, this is not purely a numbers exercise. Tsipras needs to show that his party has not only overcome.... Theodorakis, whose party is edging into third place in opinion polls, has said he would be willing to work... to be following SYRIZA's lead. Also, Theodorakis has been scathing in his attacks on Independent Greeks
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