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Greece slips five places to 86th in global competitiveness rankings
EconomyCompetitiveness Index (GCI) remained 81st and had improved by 10 and 5 spots in 2014 and 2013 respectively... (currently ranked 80th), which make up 20 percent of the GCI and 5 slots in efficiency enhances (67th
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Greece and lenders make headway on review but labour reforms remain biggest obstacle
EconomyProgrammethat the Fund demands not only an increase in the ceiling of mass dismissals from 5 to 10 percent but also...) by November 28 so the Eurogroup can ratify the agreement on December 5.
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Second round of review talks concludes without breakthrough on labour reforms
EconomyProgrammeEurogroup on December 5, along with debt issues since any decision on debt will have an impact... of the review and a political agreement at the December 5 Eurogroup.
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Greek stocks rise for third consecutive week as trading increases
EconomyThe Greek stock market has rebounded for the third successive week, albeit with slower gains of 1.9 percent from 5 percent. The improved market sentiment was accompanied by increased trading activity... threshold. Hellenic Telecom (OTE) said on Wednesday that the state transferred a 5 percent stake in OTE
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Having failed to resolve differences, Greece and lenders enter new week of talks
EconomyProgrammeneeds debt relief but he did not confirm that the review will be concluded on December 5... Eurogroup on December 5.
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Bill aims to encourage more electronic transactions in Greece
EconomyMacroeconomya new one with an initial surcharge of 5 percent (on the tax due) if it is submitted by the end... surcharge subject to the reference year of the tax form. It ranges from 5 percent if the reference year
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Another spin of the wheel for Greece
Agoraon December 5, when (in the absence of the second review being wrapped up) the Eurogroup agreed... also previously aimed to conclude the talks by the December 5 meeting of eurozone finance ministers
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ESM board to specify rules on short-term debt relief measures
EconomyProgrammepresented at the December 5 Eurogroup. The first debt-relief measure involves a bond exchange... measures endorsed by the last Eurogroup on December 5.
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ESM and EFSF approve short-term debt relief measures for Greece
EconomyProgramme. The measures were initially endorsed by the December 5 Eurogroup, but were put on hold after Prime... 2060, while gross financing needs are foreseen to drop by almost 5 pp over the same period. Speaking
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeof more than 5 percent of GDP within three years (or 1.7 percent per year on average) has an increasingly..., there have been only 15 cases of recessions of longer than 5 years, while no country sustained a primary
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