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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societyin 2008. It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent... by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit
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Multi-bill passes but coalition's relationship with armed forces and police sours further
PoliticsForeign Policy-tranche of 1 billion euros, and 47 lawmakers opposed it. The multi-bill contained a raft of reforms... the next 1 billion euros from its lenders. Greece has 5.6 billion euros of bonds maturing this month
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomyon August 1. The first warning sign that something was not quite right came on August 1, when MoF
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Greek central government debt rises to 322.4 bln in Q2
Economyexceeding 5 years, while the remaining 21 percent is equally split between short (up to 1 year) and medium (1 to 5 years) term debt. Greece’s cash deposits rose by around 1.5 billion euros
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingCommon Equity Tier 1 (CET1) ratio improved to 16.3 percent from 15.6 percent in Q1. The quarterly... ratio at 40 percent (55 percent in Q2), cost of risk less than 1 percent (2.2 percent in Q2), loan
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Seasonal jobs bring down Q2 unemployment to 26.6 pct but long-term jobless rising
EconomyMacroeconomypercent, down by 0.8 pp YoY. Although the number of ‘long-term’ (more than 1 year) unemployed slipped... respectively. The unemployment rate in the Attica region (Athens, Piraeus and suburbs) remains almost 1 pp
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Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
Economysector. Kathimerini also noted that the Finance Ministry anticipates increased revenues by 1 billion... the target by almost 1 billion. However, 8-month revenues fell short of their target by 107 million
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The politics of debt dynamics in Greece
Agorathe sovereign debt levels attained in 2011, i.e. before the two debt restructuring operations of 2012.[1... Play. [1] This arrangement does not apply to the IMF. Greece has to repay the Washington-based
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Travel receipts up again in September, reaching 2.3 bln
EconomyMacroeconomy, the 9-month travel balance recorded an improvement in its surplus by 11.3 percent or more than 1... to 20.5 million, which means an increase of 1 million from its previous forecast of 19.5 million released
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Fitch keeps Greek rating at 'B' with stable outlook
Economyaccount surplus stands at 1 percent of GDP supported by reduced imports, buoyant tourism receipts... notches to Caa1 with a stable outlook in August 1. In addition S&P upward revised its rating on Greece
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