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  1. For Stournaras, it's out of the frying pan and into the heating oil

    PoliticsGreek Politics

    smuggling, which was estimated to be worth 600 million euros a year in Greece. However, the hike led

    2%
  2. How Greek banks could cut 2014 financing gap with a bond rollover
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    In an interview with Naftemporiki daily on October 14, Greek Finance Minister Yannis Stournaras identified two key sources that could reduce – if not eliminate – the emerging funding gap as of July 2014, currently estimated at 10.5 – 11.0 billion euros. Both solutions involve rolling over of Greek

    2%
  3. EU Task Force sees improvements in Greece, tends to damaged ties

    PoliticsGreek Politics

    in Greece’s economy. It is estimated that between 2000 and 2009, Greece’s GDP grew by an extra 1.6

    2%
  4. Samaras proposes free wi-fi as crisis antidote for young Greeks
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    be funded via this tax, which is to bring in estimated revenues of about 3.5 billion euros, and this would

    2%
  5. In clearest statement yet, Tsipras says he'd keep euro
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    (estimated at 14 billion euros) and from the provision of Emergency Liquidity Assistance (ELA) to Greek

    2%
  6. Apartment prices down 9.2 pct in Q3 as lifting of foreclosure ban mulled

    EconomyMacroeconomy

    ” from foreclosures, will be affected if this ban is lifted. It is estimated this will lead to 12,000

    2%
  7. Seven in 10 Greeks raiding savings to pay bills, two in 10 have no deposits

    Society

    or transfers has dropped from a peak of 148,000 in 2007 to an estimated 20,000 this year, a drop of 86.5

    2%
  8. Unemployment rate inched up again in Sept to 27.4 pct
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    unemployment to marginally slip to 27.1 percent in 2014 from an estimated peak of 27.2 percent in 2013.

    2%
  9. Q3 unemployment in Greece still at 27 pct despite strong tourism season
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in 2014. The OECD projects unemployment to marginally slip to 27.1 percent in 2014 from an estimated

    2%
  10. What do EBA tests reveal, or fail to highlight, about Greek banks?
    Photo by Harry van Versendaal

    Economy

    offering to restore its CT1 ratio above the required levels. The decision is based on the estimated

    2%