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For better or worse: Greece's bailout exit deja vu
Agorawas underwhelming and Greece accepted less than it had initially targeted. The ensuing months shuttered... by regular, albeit less intrusive than in the past, monitoring over the next four years. The situation... in September. With gross financing needs over the 2015–2016 period of more than 32 billion euros and markets
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S&P revises outlook to positive, sees encouraging signs after debt deal
Economy’s expectations, there are reversals of reforms, or if growth is weaker than expected, both... held) portion is less than 20 percent of the total stock and less than 40 percent of Greece’s GDP
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Coalition focuses on relief effort after fires as Mitsotakis holds back on criticism
PoliticsGreek Politics. The accusation that his government is no better than previous administrations is probably one that Alexis... for the bailout exit in less than a month. Thoughts of a major event to mark the end of the programme are likely to be abandoned and the coalition will be forced to adopt a less celebratory tone than it would have
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Government bolsters aid package as questions mount over deadly fires
PoliticsGreek Politicsthan 1,200 homes in Mati have so far been deemed unsafe. The Greek state will initially contribute 40.... It did not go unnoticed that the current SYRIZA-led coalition is offering victims more than the 3,000... to the dozens of deaths rather than a momentary lapse of coordination or action by authorities. There have
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Buckling under pressure of Mati death toll, Tsipras searches for corrective actions
PoliticsGreek PoliticsAlmost a week on from the wildfire northeast of Athens that caused the deaths of more than 90... as it was by the sea. From there, the fire had reached the sea in less than 20 minutes. The unique set... of a cabinet reshuffle rather than to make him a scapegoat for any mistakes. It is expected that Tsipras
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Fire fallout casts doubt on Tsipras’s post-MoU strategy
PoliticsGreek Politicshave also asked for a wider judicial investigation than the one that has been launched, which... to begin the knocking down of more than 3,000 structures. Nevertheless, the Mati disaster casts... timetable rather than to consider elections even earlier, this autumn for instance, as the memory
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Car sales up by 17.9 pct in July and 27.2 pct in first seven months of the year
EconomyMacroeconomy. Although the overall rise in car sales in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle
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Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008
EconomyMacroeconomyand appraisals data. In other indicators, the housing loan balance has contracted by more than... to 4,365. During last year, the absolute number of permits came to 13,847. Although this is higher than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued in 2005.
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomy. As with exports, imports in Greece show goods leading the way rather than services. Imports rose to 34.3..., a threat could come in the form of imports of goods rising faster than exports, which will drive... than productivity. Since, as mentioned, this is not viable in the long term, productivity must
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Unpaid contributions rise to 33.86 bln as more legacy debtors added
EconomyMacroeconomycontributions of more than 5,000 euros from the four main Greek pension funds. It is due to this ongoing... short of 1.4 million. Most debtors, 49 percent of the total, owe less than 5,000 euros for a total... contains 93,363 debtors owing 5.18 billion euros, followed by those that owe more than 1 million
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