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Samaras proposes free wi-fi as crisis antidote for young Greeks
PoliticsGreek Politicsterm, which expires in 2016. Apart from his proposal regarding wi-fi, Samaras only provided one more... by foreign investors. Indeed, the growth of Greek tech firms is one of the few economic bright spots... for improvement but going from this to full wi-fi access in one year seems a stretch and certainly does
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Has internal devaluation really helped Greek exports?
EconomyThe performance of Greece’s exports has been one of the main disappointments of the troika-led program. One of the pillars of Greece’s adjustment was meant to be internal devaluation, which through... to operate in very unfavourable macroeconomic conditions. Specifically, the liquidity drain
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PASOK's growing internal strife hampering Greek coalition
PoliticsGreek PoliticsMinister Michalis Chrysochoidis, one of the few heavyweights left within PASOK. The minister reportedly... as foreign minister. Following the recent, and very public, sparring between Venizelos and former leader... one of the coalition’s commitments since it was formed in June 2012. Under the Greek Constitution
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Is there (sustainable) growth in Greece?
Agoraeconomic stabilisation is primarily the result of a very successful tourism season in 2013 and this year... are interpreted as an 'upside surprise' one can get a pretty good idea of the parlous state of the euro... special attention. One factor that could lead to turbulence concerns the economic effects of the EU’s
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammereforms to be submitted for technical discussions. The Financial Times is one of several publications... that such an action has the capacity to shift attitudes very quickly, spreading a sense of justice across society... respectively, making up more than one-fourth of the cumulative tax arrears. According to the proposed law
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Greece is gasping for a deal
Agorathat the prolonged uncertainty is having on the real economy has gone somewhat unnoticed. One clear effect... ratings by one notch to “CCC+/C”. It estimated that the Greek economy has shrunk by 1 percent over... very soon. The possibility of Greece doing everything needed to secure all of the 7.2 billion euros
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SYRIZA strife not a rebellion in the making yet
PoliticsGreek Politics. Milios was one of several SYRIZA members to express concern about the direction the government... so now unless one of the bigger factions decided to revolt. That is why all eyes should... to be the only one that can create the kind of unrest within the government that would jeopardise any deal
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Income inequality in Greece has grown during crisis, OECD report shows
Societyhas identical incomes and 1 when all the income goes to only one person – income inequality... over one percentage point to 9.4 percent. In Greece, anchored poverty more than doubled to 27 percent and in Spain it almost doubled to 18 percent. The report said one of its “striking findings
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Newsletter 33 - 03/07/2015
, there is still a considerable number of citizens with only one savings account from which they now can..., there are three main paths that will emerge. One is for Tsipras to resign immediately and allow... of eurozone finance ministers, one extraordinary EU summit in Brussels, countless teleconferences
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Crumbling Greek pension system threatens big fiscal gap, budget derailment
Economyfor retirees who have been insured with more than one fund. This is one of the key reasons... insured with more than one fund. If the current amount of pending pensions is settled, the incremental... additional fiscal issues the government could soon be called upon to resolve in a very challenging
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