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SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008
Economyin the manufacturing sector and more than 90 percent of jobs in the construction, wholesale and retail trade... SMEs, employment fell by more than 100,000 or 29 percent, while the number of companies dropped by 20... performance is better than the EU average, while it significantly lags in three areas: access
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IMF lowers medium-term forecasts for Greek debt, 2014 financing needs
Economyon Greek unemployment by more than 0.5 percentage point (pp) for both years. For 2014, the IMF now expects unemployment to reach 25.8 percent rather than the 26.3 percent it included in its previous... forecasts stand up to 2 pp lower than in April, at 152 percent in 2017 and 135.3 percent in 2019. On gg
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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomyunemployment remains persistently higher than that of male at 30.5 and 23.1 percent respectively. Youth... in July and has more than doubled since 2009. The next three age groups (25-34 years old, 35-44.... In contrast, the jobless rate in the 55-64 age group increased by more than 2 percentage points YoY to 17.2
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Percentage of Greeks at risk of poverty or social exclusion edges up to 35.7
Societyby slightly less than 2 percentage points. In absolute numbers, 892,763 households and their 2,529,005... less than 20 percent of their total work potential during the past year) amounted to 1.2 million.... The breakdown in specific groups displayed that more than half of males in unemployment were at risk
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Greek primary budget surplus rises to 2.53 bln at end of September
Economyreflects lower expenditure (1.96 billion euros better than target), which more than offset lower Public..., 1.24 billion better than target. Cost containment mainly reflects a double-digit drop in grants
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The arduous road of privatisation in Greece
Agorahigh prices and under completely different economic circumstances than the ones which prevail today... to the privatisation process are far more important than the amount of revenue to be generated... with the Financial Times in September 2012 - may have done more harm than intended. Labour unions
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ECB results light up path for Greek coalition's bailout exit plan
PoliticsGreek Politicsas little as 18 million euros in new capital. The figure is infinitely lower than the one being... to raise no more than 18 million euros, it leaves the 11.4 billion euros remaining... be more than adequate as precautionary support. Although Sunday’s figures from the ECB are a timely boost
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Primary surplus narrows to 2.4 bln in October as revenues miss target
Economyremains 356 million better than target. The overperformance is mainly attributed to lower primary expenditure (by 1.46 billion) and interest payments (by 400 million) more than offsetting the revenue... and bringing the 10-month figure down 5.6 percent to 33.83 billion eurps, 1.46 billion better than the target
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Is there (sustainable) growth in Greece?
Agora. In 2013 more than 17.5 million tourists visited Greece, numbers not seen since Athens staged..., Greece exported less products and services than it did in 2012. While countries in the eurozone’s... than domestic consumption, export capacity and investment. There is no silver bullet for Greece’s
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The institutional weakness poisoning Greek politics
Agoraare published online each year but in reality they are just a catalogue of each member’s assets rather than... voters that it is straightening up its act. The checks uncovered less than 10 cases in which anything untoward was found, suggesting the whole process was nothing more than a sop. Karatzaferis
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