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IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
Economywell ahead of the completion of the new programme. Key preconditions for such a development are: 1
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On the Greek crisis and German imbalances
Agorais that it was unable to foresee that 1) delays would have severely and adversely impacted the Greek
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SYRIZA's left wing hoping to prevent Tsipras from concluding bailout talks
PoliticsGreek Politicsreasons: 1) He suggested the congress should be held after an agreement has been reached
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Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop
EconomyMacroeconomyconfidence still shows a slight rise by 1 point year to date entirely due to the surprisingly high
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Tsipras lays down gauntlet to SYRIZA rebels, proposes September congress or members' vote
PoliticsGreek Politicsto achieve two things: 1) To delay any internal discussion or turbulence until after an agreement has been
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Rare rebound for retail trade with 2.5 pct rise in May
EconomyMacroeconomypercent), department stores (-1.7 percent) and automotive fuel (-1 percent). In contrast, retail
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Unemployment rate fell to 25 pct in May, its lowest level in the last three years
EconomyMacroeconomypercent lower than in 2008, implying 1 million less employed over this 7-year period. The number
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Bank recap and NPL management create conundrum in bailout talks
Economyof the new bail-in directive - effective as of January 1, 2016 – that paves the way for a haircut
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammebillion euros from the new bailout to cover: 1) The redemption of the 3.2-billion-euro Greek
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgramme: 1) Gradual elimination of grandfathering to statutory retirement age and early retirement pathways
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