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Energy a key driver for 8.3 pct YoY rise in March producer prices
EconomyMacroeconomyequipment rose by 14 percent and water supply increased by 11.7 percent. Goods sold to the foreign
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Athens on alert after reports of Turkey plans to codify maritime claims in "Blue Homeland" law
PoliticsForeign PolicyAthens is closely monitoring a draft Turkish law expected to be submitted to parliament in June that could formally codify Ankara’s long‑standing claims over maritime zones in the Aegean and the Eastern Mediterranean. The proposed 14‑article legislation - referred to in the Turkish media
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PM tries to wrestle back initiative as new parties reshape political landscape
PoliticsGreek Politics%, followed by “someone else” on 23, Tsipras on 14 and Androulakis on 10. Stournaras row Meanwhile
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Greece's 2014 fiscal gap suddenly appears bigger, much bigger
Economyfiscal consolidation effort worth over 4 billion euros, or 2 percent of GDP. Following Asmussen’s comment, reports in the Greek media suggested that additional fiscal measures of between 2 and 3... promising there would be no new austerity measures in 2014, to find another 2 to 3 billion euros of savings
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Ladies and gentlemen, please fasten your seat belts
Agorait grounded. Last week’s suggestion that Athens would have to find about 2 billion euros more... about 4 billion euros, or 2 percent of GDP, of measures and Samaras knows that convincing Greeks more... spending has been reduced to a drip feed. While there is still waste that can be addressed, finding 2
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How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A
PoliticsGreek Politicsand International Monetary Fund, who are reportedly demanding an extra 2 billion euros in cuts next year... weeks have claimed that the troika wants another 2 billion euros to be found in 2014 but Greek media... eurocrats and troika whisperers, however, talk of €2 billion for 2014 budget. #Greece — Juergen Baetz
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After Q3 results, what next for Greek banks?
Agoraof circa 2 billion euros through a marketed equity offering with HFSF (controlling 95.2 percent... years with a 2 percent step-up after the 5-year period should preference shares have not been redeemed... exercise, due on December 10 for Alpha, December 26 for National and January 2 for Piraeus
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Debt relief or debt restructuring for Greece?
Agorain 2010 Greek sovereign debt was primarily held by German[2], French, Italian, Swiss and Japanese... today reach approximately 380 billion euro and correspond to a debt-to-GDP ratio of 208 percent! 2... and Gulati, Mitu: ‘The Greek Debt Restructuring: An Autopsy’, July 2013. [2] Some inconvenient truths
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Shortcomings in healthcare seen at forefront of austerity impact in Greece
Society, with newly unemployed people aged 29–55 years covered for a maximum of 2 years. Rapidly increasing... of major depression, from 3•3 percent in 2008 to 8•2 percent in 2011, with economic hardship being a major... from 28•2 percent in 2007 to 30.4 percent in 2011, and a growing number receive inadequate nutrition
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Eurobank gears up for crucial but contentious capital increase
EconomyBankingafter the bank announced in mid-November plans to initiate a capital increase of circa 2 billion... of these shares stands at high levels (10 percent with a 2 percentage point step-up every year after 2014... increase north of 2 billion euros, most likely including the cancellation of pre-emptive rights
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