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Greek government commits to new fiscal measures for third bailout
EconomyMacroeconomyin the individual taxation and freezing of compulsory expenditure. The Greek authorities will monitor
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No let up ahead in terms of fiscal demands for new Greek government
EconomyProgrammeof television licences and usage fees of relevant frequencies. In addition, the Greek authorities should
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyThe Greek Finance Ministry (MoF) submitted the 2016 draft budget to Parliament on Monday evening. The key macro assumptions and fiscal estimates in line with those agreed with the institutions in mid-August. Macro assumptions The delay in reaching an agreement with eurozone partners and imposition
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IMF aligns Greek projections with EU, revises down GDP
Economyfull year GDP fall. Greek GDP grew by 1 percent in the first half of the year so for the full year
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Unemployment among Greek doctors hits record levels
SocietyUnemployment among Greek doctors has reached record levels, with 27.5 percent of members of the Athens Medical Association (ISA) unemployed or underemployed, a conference has heard. Data presented at recent conference showed that just over one in ten (11.5 percent) of the 27,500 ISA registered
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Greek labour market recorded in 2015 second highest net hirings since 2001
EconomyMacroeconomyNet hirings stood at 7,826 in December, which is the second positive reading for this month since 2001, the Labour Ministry’s information system (Ergani) showed on Tuesday. Ergani was launched in March 2013 and registers in real time the employment flow in the Greek economy’s private sector
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Greek stocks down by 4.7 pct over week
EconomyThe Greek stock market shed 4.7 percent this week on slightly lighter volumes but amid continued weakness in the global markets. The Athens Stock Exchange general index fell to 558.45 on Friday bringing the year to date losses to double-digit levels to 11.5 percent. Following a sharp drop by 13.1
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Greek stocks down 4.2 pct over week on global and local concerns
EconomyDespite a rebound of 2.2 percent on Friday, the Greek stock market pared only a part of earlier losses ending the week down 4.3 percent amid turmoil in the global markets and concerns on the upcoming programme review. The European Commission said on Friday that the quadriga's mission chiefs
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Greek stocks rise by 3.5 pct after three weeks of decline in 2016
EconomyΤhe Greek stock market rebounded 3.5 percent this week but on thinner volumes, after cumulative losses of 15.4 percent in the first three weeks of the year. Ahead of talks between Greece and its lenders on the first review, which is due to begin on Monday, Prime Minister Alexis Tsipras said
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Net job hirings of 14,437 in the Greek private sector in February
EconomyMacroeconomyof the Greek economy. The February 2015 figure represents the third highest monthly reading since 2001
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