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Omnibus bill passes but leaves marks on coalition and SYRIZA
PoliticsGreek Politicsto the short time the government granted MPs to debate legislation that stretched to more than 250 pages... increases to take place at prices lower than those paid by the country’s recapitalisation fund... and served as a reminder that with less than two months to go to the elections, SYRIZA has yet
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Cost of petty corruption in Greece has halved during crisis
Societyreported in 2013 than in 2012 and that the average amount paid in bribes fell to 1,333 euros, which is 7.6 percent lower than a year earlier. Almost one in three Greeks asked to give bribes refused to do so... corruption is related to more than just a fall in disposable income. It suggests that events over
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Who benefits from Greece’s return to the markets?
Agorathat Pakistan returned to debt markets after an absence of more than seven years, the first Greek bond.... More than 85 percent of those pension funds, private equity firms, asset managers and hedge funds...-term than increasing sovereign debt finance. After the issuance of the five-year bond and the offered
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Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
EconomyMacroeconomybillion higher than the Economic Adjustment Program (EAP) target of 2.73 billion (1.5 percent of GDP...) more than offsetting the reduction of social security contributions (974 million). Direct taxes... also foresees that more than 2/3 of the GDP that has been wiped out from the domestic economy
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In Spain, the best generation is in danger of becoming the lost generation
Agorathan half of the Spanish youngsters that are looking for a job are currently unemployed. This brings.... Having applied unsuccessfully for four jobs (two of them were internships) in which more than 300 people... no more than 300 euros per month or even for free, with no hope of being hired in the short
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Greek central government debt inches down to 320.42 bln in Q1
Economydomestically (1.85 billion) and Financial Support Mechanism (FSM) loans (1.3 billion) more than offsetting... stands at 15.84 years, which is slightly lower than the 16.02 years at the end of 2013. The respective figure for new borrowing in 2014 stands at 0.36 years and refers to T-Bills. More than three quarters
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Greek politics in thrall to new faces and old ideas
Agorarather than divisive. His centrist party, To Potami (The River), posits a new proposition by relying on candidates whose strengths lie in their professional achievements rather than how many rungs up... will have to be built in the vision of its policy makers rather than according to the troika’s instruction
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Five things to watch for in today's elections in Greece
PoliticsGreek Politicsof more than 3 percentage points and support running in the high 20s would be considered a major... votes than the coalition parties combined and if there is a respectable turnout for the European... will struggle to get more than 7 percent of the vote. This could lead to turmoil within PASOK. A challenge
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politicsguard because his name was not among more than half a dozen that had been linked with the post over... of 4.19 billion euros (2.3 percent of GDP) in 2014, 0.8 percentage points higher than Economic... is at 1.27 million, which is t177 percent higher than March 2009. Youth unemployment remains
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IMF report sees a number of risks lying ahead for Greece
EconomyProgramme, delayed structural reforms that slow competitiveness gains and higher than expected deflation... (ETEAN). Since fewer guarantees have been called than expected, the Greek government may cancel about... fiscal outlook are broadly balanced. The upside risks mainly involve higher than estimated tax
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