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  1. Does new troika visit spell fresh drama for Greece? Maybe not

    Economy

    . The 2013 budget foresaw an aggregate unemployment rate of 22.8 percent, which is a few percentage points off the actual rate but through a tight control of spending, Greece is still on track for a primary

    5%

  2. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    and ANFA income of 2.82 billion in 2013 and 2.44 billion in 2014, as well as a retroactive rate... of Finance (MoF) forecasts the unemployment rate, not comparable with ELSTAT data (last figure at 27.3

    5%

  3. OECD's Greek debt forecast shakes foundations of troika DSA

    EconomyMacroeconomy

    to the price-based real effective exchange rate of Greece. Under the OECD scenario, the 4.5 percent of GDP... the troika’s DSA assumptions regarding a real GDP growth rate of 4.8 percent per year in the period

    5%

  4. Percentage of people in Greece at risk of poverty rises, tops EU list
    Photo by Harry van Versendaal

    Society

    the "at risk of poverty" rate is considered, Greece ranks first, half a percentage point ahead of Romania in second at more almost three times the rate of Iceland, which takes the last place with 7.9

    5%

  5. Debt relief or debt restructuring for Greece?

    Agora

    in the already low 2.5 percent average interest rate on Greek debt. But how much does such a twin... maturing debt. The five-year loan carried an interest rate priced at a rather generous 4.5 percent

    5%

  6. One in four Greeks in severe material deprivation; a eurozone outlier
    Photo by Harry van Versendaal

    Society

    Greece has the sixth highest rate of severe material deprivation among 30 European countries, with the lack of access to basics rising substantially for almost all age groups last year, according... materially deprived. This is by far the highest rate in the eurozone (compared, for example, to 8.6

    5%

  7. Bank of Greece sees 0.5pct growth in 2014 but warns of political risks

    EconomyMacroeconomy

    the latest macroeconomic data indicate the economy will rebound next year with a growth rate of 0.5... recovery will also have a positive impact on employment with the average unemployment rate expected

    5%

  8. Narrowing of trade deficit slows in November as exports fall 22.5 pct

    EconomyMacroeconomy

    at a higher rate than imports. The low single-digit drop in November reflects imports falling by 15.3... rate (7.8 percent). Imports and exports from and to the European Union (EU) exhibited a similar trend

    5%

  9. Greek deflation slows to 1.5 pct in January

    EconomyMacroeconomy

    - was the second sector posting a positive growth rate. Miscellaneous goods and services as well... and restaurants' prices remains intact at 3.2 percent, following the reduction of the respective VAT rate

    5%

  10. Manufacturing PMI edges up for second month in a row

    EconomyMacroeconomy

    at manufacturers increased for the fourth successive month, while the rate of expansion was the fastest.... New export orders increased for the second month in a row, yet at a decelerating rate. Input prices

    5%