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Who benefits from Greece’s return to the markets?
Agorathat Pakistan returned to debt markets after an absence of more than seven years, the first Greek bond.... More than 85 percent of those pension funds, private equity firms, asset managers and hedge funds...-term than increasing sovereign debt finance. After the issuance of the five-year bond and the offered
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In Spain, the best generation is in danger of becoming the lost generation
Agorathan half of the Spanish youngsters that are looking for a job are currently unemployed. This brings.... Having applied unsuccessfully for four jobs (two of them were internships) in which more than 300 people... no more than 300 euros per month or even for free, with no hope of being hired in the short
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Five things to take away from the first round of Greek local elections
PoliticsGreek Politicsand was elected from the first Sunday. The leftist party had a much larger presence in the regions than ever... dominant combination outside of Attica than the opposition party. SYRIZA will need backing of somewhere near 30 percent (and possibly more than the aggregate support the coalition parties receive
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Greek politics in thrall to new faces and old ideas
Agorarather than divisive. His centrist party, To Potami (The River), posits a new proposition by relying on candidates whose strengths lie in their professional achievements rather than how many rungs up... will have to be built in the vision of its policy makers rather than according to the troika’s instruction
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What kind of poll win does SYRIZA need to eye snap elections?
PoliticsGreek Politicscomments from the SYRIZA camp had suggested that the party would need to gain more than the combined... because Elia is not expected to gain more than 6 or 7 percent. However, there will be at least three other... vote rather than the first. In the last local elections of 2010, voter participation stood at almost
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Jobs, hundreds of thousands of jobs
Agoraby more than 20 percent. Greece’s labour market has been devastated, like no other in any modern crisis...) and packaging is expected to bring in 315,000 jobs, which is an increase of more than 70 percent from... considering that the premier does not have a good track record on employment pledges. He promised more than
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Five things to watch for in today's elections in Greece
PoliticsGreek Politicsof more than 3 percentage points and support running in the high 20s would be considered a major... votes than the coalition parties combined and if there is a respectable turnout for the European... will struggle to get more than 7 percent of the vote. This could lead to turmoil within PASOK. A challenge
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IMF report sees a number of risks lying ahead for Greece
EconomyProgramme, delayed structural reforms that slow competitiveness gains and higher than expected deflation... (ETEAN). Since fewer guarantees have been called than expected, the Greek government may cancel about... fiscal outlook are broadly balanced. The upside risks mainly involve higher than estimated tax
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Building activity plunges by 35.6 pct in April, down by 75 pct since 2008
EconomyMacroeconomyin Attica building activity doubled to 38.6 percent in May. This is more than 10 percentage points higher than the country average. The Attica prefecture (Athens, Piraeus and suburbs) is making up 21 percent... in 2008. This means there has been a cumulative drop of 75 percent that is more than three times
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Most Greeks saw income fall over last year, limiting purchasing power
Societyin the next quarter. The survey also showed the direct impact of lower income on consumer power. More than.... This is 11 percentage points lower than last year. For 59 percent of those who will enjoy a summer holiday.... In addition, more than half will stay in a house owned by themselves or a relative, 23 percent will choose
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