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Settling rising private debt? The IMF has some ideas
Economy, has recently emerged as an important issue in the discussions between the Greek government... taxes of 67 billion and unpaid social security contributions of 16 billion. The Bank of Greece has.... The direct government involvement in private debt restructuring has been relatively rare according to the IMF
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No one has won in Spain
Agorathey are. Neither the right block (with the Popular Party and Ciudadanos) has enough seats to form... parliamentary majority. The political landscape that has emerged from these elections shows very clearly... by the PP. The rough road that common Spaniards have crossed in the last four years has been full
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Tsipras leads the line as New Democracy has victory and majority in its sights
PoliticsGreek Politicsin Cyprus, opposition leader Kyriakos Mitsotakis sought to douse speculation that has emerged over... side to us. It has a completely different approach to what the country really needs... elections, although this may depend on the undecided voters. According to the survey, New Democracy has
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Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
EconomyMacroeconomyprotections in primary residences. It has been made known by the institutions that they do not want any... challenge for the government. Work has already started at the Finance Ministry and the underlying... and social issue, the government has realised that the revision of the surplus target is politically
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Mitsotakis has ground to cover after election disappointment as progressives ponder future
PoliticsGreek Politicsthat the government has convincing responses to the concerns raised by the June 9 vote in which... has created an issue of government instability, while 43 pct of all those asked believe... underline that the PM has a considerable task on his hands to win round the public as well as his
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Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomyThe issue of Greeks’ wages and spending power has become a thorn in the government’s side - aside... and purchasing power parity, the current administration has repeatedly pledged a rise of the average wage... 2016 of over 30 pct. This has dropped the share of workers earning below 700 euros monthly to just 2
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EBRD reports highlights demographic headwinds Greece has to navigate
Societyincome tax break for seven years. The country also offers Investment visas, a policy that has been... rates, Greece has benefited from skilled net immigration. Technology, AI, and Labor Market... response to workforce ageing. However, the shift toward age-friendly jobs has been less pronounced
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BoG charts how crisis has affected private sector employment
Economyprivate sector employment has been affected during the crisis. The first finding is related... period prior to June 2008. According to the study, the number of those registered with IKA has been moving upwards since early 2013 and from May 2013 has risen month on month. At the end of November 2013
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Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
SocietyThe economic crisis has increased wealth inequality in Greece at a much faster pace than in other... and Spain. In Greece the top decile has a 56.1 percent share of wealth at the moment, which puts... in its group where there has been what Credit Suisse terms a “rapid rise” in inequality between 2007
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Parliament's bailout probe has potential to be politically toxic
PoliticsGreek Politicshas already objected to the fact that the investigation will only seek to cover the period from May... Minister Alexis Tsipras has cultivated ties with Karamanlis over the years. It is believed that the ex... a coalition in June 2012. Nevertheless, there has been a strong feeling within New Democracy
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