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Unemployment rate slips to 24.2 pct in February
EconomyMacroeconomybe more than 70,000 in the same period. The unemployment rate among men was trimmed by 2 percentage
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Stournaras calls for lower primary surplus target, debt relief measures
PoliticsGreek PoliticsSpeaking at a conference of the Confederation of Northern Greece Industries (SBEE), the Bank of Greece (BoG) governor Yannis Stournaras suggested on Friday that Greece’s primary surplus target of 3.5 percent of GDP in 2018 should be lowered to 2 percent. Stournaras stressed that a lower fiscal
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomyin absolute terms, the respective ratio for primary expenditure was reduced by less than 2 pp from
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
EconomyGreece’s privatisation chief believes that 2 billion euros can be raised this year from asset sales. Speaking at a meeting of the Athens Chamber of Commerce and Industry (EBEA) on Monday afternoon, the chairman of the Hellenic Republic Asset Development Fund (HRADF) Stergios Pitsiorlas said
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Inauguration of TAP pipeline project offers investment, diplomatic boost
PoliticsForeign Policy. It is estimated at around 1.5–2 billion euros and foresees the creation of more than 8,000 jobs. The Greek
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Tsipras seeking repeat of full support from coalition MPs in upcoming bailout vote
PoliticsGreek Politicsfor further interventions of up to 2 percent of GDP. The Finance Ministry revealed on Tuesday
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HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015
EconomyBankingand lenders). 2) Planning of a coordination framework among banks with the aim to provide the guidelines
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgramme1.5 percent and if the programme is off track by 1.76 to 2.25 percent then 2 percent of new cuts
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With review completion in sight, which way next for Greece?
Agoraparliamentary debate on the pension and income tax reforms – worth 2 percent of GDP – but all voted
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammereduce gross financing needs and the debt ratio by around 7 and 25 percent of GDP respectively by 2060. 2
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