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S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015
Economythat the government may exert moral suasion for an increase in T-Bill holding of banks’ insurance... borrowing requirements. However, S&P expects that the government will continue to pay salaries... government issuing IOUs to pay employees, pensioners and suppliers. These IOUs could circulate
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Tsipras, against all odds
Agoraof their own. The SYRIZA-led government, elected only four months earlier had just emptied out its holding account at the International Monetary Fund to pay the Washington-based organisation and had drawn... away the intention to ask low-income pensioners who receive the special EKAS benefit to pay back
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Tsipras ramps up fiscal pledges as elections draw closer
PoliticsGreek Politics, Prime Minister Alexis Tsipras is not holding back in pledging similar interventions before the general..., which will not pay out any bonus at all to pensioners. The conservatives have so far refused... have also forced the government to pay several years of backpay. Opinion poll Despite SYRIZA’s recent
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Greece must tackle foreign bribery by Greek firms, OECD says
Societytarget the export, shipping and SME sectors.” The report, which is based on the results of fact-finding... decision that required it to pay the company $98.1 million. The Greek national’s two business partners were
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Will Tsipras ride the waves in 2016?
Agoracontributions rather than cuts to retirement pay but it remains to be seen if the quadriga of lenders agrees.... This means finding places for thousands of people to stay in the country for several weeks at a time
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Greeks' health seen getting worse, negative feelings growing during crisis
Societyfound that when one’s entire income is used to pay bills and debt, the self-perception of health... blood sugar level, excess body fat around the waist and abnormal cholesterol levels – finding that 59
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Unpaid social security contributions almost reach 15 bln
Macroeconomy) and includes 51,562 debtors corresponding to 19 percent of total. An interesting finding in KEAO data... the settlement in 73-100 installments and only 2.5 percent decided to pay upfront and thus eliminate
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Poor conditions in Greece fail to deter refugees from wanting to continue journey
Societyhelp of others to pay for the journey. Desired destination Germany was the preferred destination of 68...) and the expectation of finding work (8.8 percent). Almost two in three (59.6 percent) were positive
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Greek households continue to slash spending on goods and services
Society, Norwegian households only pay 0.2 percent on schooling and learning. In comparison to 2014, spending... inactive person (1,102.32 euros or 77.6 percent of the average). Inequality Another important finding
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Debt deal eludes Greece and lenders, June 15 set as final deadline
PoliticsGreek Politicsfor discussion but “not too much” because of the debt maturities in July. Greece has to pay 256... that the lenders are on their way to finding common ground.
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