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Greece most socially unjust country in EU, study finds
Societymaterial deprivation for children and youth in Greece, more than double the 2009 figure of 9.7 percent... deprivation has more than doubled from 9.7 percent in 2007 to today’s 23.8 percent.” While Greece ranks... olds has more than doubled since 2008 to 52.4 percent (again, by far one of the highest rates
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In Erdogan's shadow
Agoraaware that he is in the box-seat. The Turkish president is also a much better negotiator than his... to reallocate them from its soil rather than having traffickers heaving them across the Aegean to Lesvos... been in spite of the obstacles they face rather than because of the assistance they have received from
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Car sales down by 13.8 pct in Oct for the second fall this year
EconomyMacroeconomy98,000 so far this year from less than 86,000 a year ago. Passenger cars recorded a broadly similar... 81,000 making up almost 83 percent of road motor cars. After a nosedive by more than 30 percent per... and a strong rebound by more than 30 percent in 2014. Nevertheless, the 2014 figure of 102,359 indicates
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NBG strengthens capital at deep discount, falls short of initial target
Agoraeuros to cover its total capital shortfall. This figure is higher than the 2 billion initially suggested... price of 0.32 euros. NBG's discount is also materially higher than that of Alpha (34.4 percent...:15) since the offer price cannot be lower than the minimum price of 0.30 euros allowed by law
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomydeficit (by 13 million). This more than offset a worsening of the services surplus (by 502 million... improvement is fully attributed to the goods deficit shrinking by 3.66 billion euros, which more than... in imports (-13.8 percent) than that of exports (-6.8 percent). In absolute terms, the goods deficit fell
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyto be voted on December 5. Macro assumptions Following the better than expected preliminary GDP figures... government forecasts for 2015 are much better than the latest European Commission (EC) and the OECD... billion euros in 2015 from 317.12 billion in 2014 as the bank recap cost of 10 billion is more than
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EU-Turkey refugee agreement: A life saver or a dud?
Agorarather than help them float. In some ways, the agreement the European Union made with Turkey in Brussels... of a cash boost to provide better conditions for more than 2.2 million refugees in Turkey may prove... process in which it will always lose much more than it can gain. European leaders have decided to court
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Newsletter 55 - 12/12/2015
2016, which he set at around 3 billion, a higher figure than the 2016 budget target of 2 billion... put it. It is true that on some issues, the fund is a harder taskmaster than the European lenders... for lenders making a significant intervention in the country’s debt rather than just tinkering around
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammethat would acquire the NPL would do so at a price much lower than its nominal value. This means it could... if it is in arrears for more than 90 days. NPL sales are allowed only for large corporate loans... or guarantor should not deteriorate due to the sale or transfer of his NPL. If a borrower has more than
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Current account turns to a surplus of 314 mln in Oct on contracting goods deficit
EconomyMacroeconomyaccount surplus (by 295 million) more than offsetting a narrowing of the services surplus by 295... million last year. The breakdown shows that the drop in the goods deficit by more than a third mainly... attributed to a marked narrowing of the goods deficit by 4.38 billion more than offsetting a drop
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