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Some relief for coalition but bold claims about programme exit a concern
PoliticsGreek Politicsat lower rates than the New Democracy-led administration did in 2014 and make a clean exit from the programme in 2018, rather than with the support of a credit line (ECCL) like the ones the lenders... or higher rate than in 2014 and also needs and ECCL to leave the programme, the opposition will argue
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The conundrum of Greek olive oil exports
EconomyFeaturesof Greek olive oil is exported to Europe, rather than new markets like India, China or America. Crucially... - rather than export bulk olive oil at wholesale prices, Greece should process its product, package... per cent higher than 2014).” Their report highlights that a more vertically integrated production
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Greeks graduating after 2011 encountered limited opportunities, low pay
Societyof between 400 and 800 euros. Another 16 percent said they make less than 400 euros. Of the overall... percent and 19.2 percent, respectively. Though the figure for funding cuts is lower than the post-2010 decline in government spending (31 percent) it is higher than the cuts to overall education
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Athens wrestles with timing of market return, aiming for maximum impact
PoliticsGreek Politicsand not a publicity stunt. Better than in 2014 The current government is desperate to have a more successful return to the bond markets than the New Democracy-PASOK coalition led by Antonis Samaras in 2014... that it has brought the Greek economy to a more promising position than three years ago. Tsakalotos pointed
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How Cyprus re-entered the market
Agorathat was 414 basis points above the benchmark. The bond was more than two and a half times over... a whopping 178.8 percent this year. This is one reason why Greece will probably pay higher than 414... been much deeper, and afflicted far more people far more severely than in Cyprus. While
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Greeks deeply pessimistic about future but confidence in euro persists
Society12 months, Greeks had a significantly more negative outlook than the EU average. Around 62 percent... compared to an average positive response of 47 percent. Greeks were twice as likely than the EU..., when asked if they were for or against a number of statements, more Greeks than the EU average were
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Capital controls to ease further from the beginning of September
EconomyMacroeconomybank than the one they currently have an account with and the opening of a bank account by a natural... switched to paying by card rather than cash, and deposits in the banking system stabilised. Deposit... have been useful in encouraging the use of electronic payments rather than cash, BoG has noted
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The whole truth and nothing but the truth
Agorarather than fantasy has understood that the case against the former head of the Hellenic Statistical... of state arrears, withholding it will end up doing more damage than good. A Greek business owner... is more than 1,000 days, which is by far the longest in the Union. The argument has been made
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Coalition faces demanding September on reform, fiscal and economic fronts
PoliticsGreek Politicscould end with growth of more than 1.5 percent. September is also a crucial month for public... than the target, fuelling fears that taxpayers may not be able to bear the heavy tax burden in the second half of the year, with more than seven billion euros due by the end of the year.
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About to soar? Greece's economy still needs to be handled with care
Agoraproven to be one of the most reliable measurements of sentiment, posted another inflow of more than... of NPEs are non-performing for more than a year, whereas over half of them are non-performing for more than two years. This figure doubled within 2016 and is a clear indication of the difficulty
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