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Income inequality in Greece has grown during crisis, OECD report shows
SocietyIncome inequality between the richest and poorest in Greece society has increased over the past few... in 2007, a report from the Organisation for Economic Cooperation and Development has found... has identical incomes and 1 when all the income goes to only one person – income inequality
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Greek negotiations: A marathon that has yet to run its course
Agora, where the so-called Brussels Group has been gathering regularly since February. But despite all... that is prepared to drive a hard bargain, but understands when the timing for compromise has arrived... ministers of these countries had always held back in the past from publicly criticising Greece. This has
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Idomeni clash broadens fronts on which Greece has to tackle refugee crisis
PoliticsForeign Policycamp, where the sense of desperation has grown after the implementation of the European Union-Turkey... public has mostly shown patience with the refugee crisis and the government’s fragmented, slow... that the police presence in Idomeni, Piraeus and the island hot spots, is strong enough. Tension has been rising
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Newsletter 180 -26/10/2018
in the Greek media this week suggested that Tsipras has already begun work on a plan to get... of the alliance headed by PASOK, has also indicated he would back the name deal. This would give Tsipras... and the announcement of snap elections in May. In Skopje, Parliament still has to hold two more
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Public sector staff trends survive MoU exit, change of government
Societygarnered a lot of attention at the time, it has since largely faded from public view. The start..., the increase in the average age of healthcare staff has resulted in a high attrition level in recent years... have retired. As recruitment has failed to keep pace with departures, the health system has been
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammeThe Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two... banks to the Hellenic Financial Stability Facility (HFSF) in 2012 and 310 million from its cash reserves... has publicly insisted the coalition has enough cash to cover April’s funding needs, amid market
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingin H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310... percent to 645 million euros. Asset quality Overall, Piraeus Bank has the highest NPE stock on its... and NPL stocks of 11.1 billion. NBG currently has the smallest amount of bad loans on its books
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Accommodation and food services turnover collapses by 84.6 pct in Q2
EconomyMacroeconomywas a rise of 1.5 percent. On a quarterly basis, Q2 dropped by 51.6 percent compared to Q1, which has.... Data from Bank of Greece capture the enormous challenge that Greece has faced on the tourism front since March. The travel balance up to June has essentially evaporated, dropping by 94 percent year
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Nightmare on Democracy Street
Agorathere. The attack took place on a road named after democracy – the very same democracy that has been pushed... for the ruptures now appearing in Greek society. Division has been at the heart of Greek history, dating back... disintegration has also torn apart its society and fragmented its political system. Now, though
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Nobody has less confidence in their government than the Greeks, OECD finds
SocietyThe Organization for Economic Cooperation and Development (OECD) has published its annual Government at a Glance report for 2013. The study includes some interesting data on Greece, particularly...,” added the authors. 3) Women in government The OECD found that Greece has one of the lowest rates
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