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Challenging three days of diplomatic talks, protests and budget voting ahead for Greece
PoliticsForeign Policycharged than in the past because of a hunger strike by Nikos Romanos, a friend of Grigoropoulos who... strike more than three weeks ago to convince authorities to allow him to do so. His request has... than 7,000 police on duty and authorities will want to avoid any repeat of the rioting that occurred
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2014 is not 2012
Agorapowerful and convincing than the fearsome IMF. As Greece's latest review drags on after a series... than 18 billion for interbank repos. There is the possibility of redesigning liquidity operations... that circumstances relating to the country’s banking system today are different than they were a few years
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Greek primary cash surplus up to 2.61 bln at end of November
EconomyMacroeconomy(BoG). This corresponds to a fiscal adjustment of more than 6.6 billion euros year on year (YoY). In November, the primary cash deficit reached 274 million euros, some 500 million lower than last year... figure of 2.82 billion. This is 713 million lower than the 3.53 billion recorded in the preliminary
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomya slighter deterioration by more than 1 pp to 27.4 percent. For corporate NPLs (for loan amounts... to obligations to more than one banks, while are also past due for more than 3 years. BoG projects NPL ratio
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Q3 unemployment falls to 25.5 pct, lowest since 2012, but long-term jobless reach new high
EconomyMacroeconomyfor a job who have never worked in the past) rose to 24 percent in Q3, also higher than last year’s figure of 23.8 percent. The number of ‘long-term’ (more than 1 year) unemployed declined for the second... of total employed with more than two thirds of part timers indicating that they could not find a full
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How snap elections in Greece fit into Samaras's strategy
Agoraof SYRIZA, Independent Greeks and Democratic Left, to discuss an agreed solution was less than his role... employees. A few days before Christmas, Parliament passed a government amendment to rehire more than... the leftist party is doing anything more than paying lip service to the idea of breaking
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Greek stocks, bond yields feel impact of Parliament's failure to elect president
Economyof the session with the Athens Stock Exchange General Index dropping by more than 7 percent at the opening.... The 5-year bond yield passed the 10-percent. It reached 10.64 percent after a daily rise of more than 1.5 pp. Similarly, the 10-year yield showed an increase of more than 1 pp at the closing, rising to 9.58
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Contraction in Greek credit eases slightly to 3 percent in November
EconomyMacroeconomyto 97.32 billion euros. Net deductions more than halved to 159 million in November from 355 million... to 69.59 billion with monthly net deductions dropping to 145 million from more than 200 million... with the troika is not clinched by the end of February than Greek banks may be forced to cover the state’s
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Tsipras delivers SYRIZA's first, tempered message of Greek election campaign
PoliticsGreek Politicsthan twice the 11.4 billion euros the opposition party claimed. SYRIZA’s programme has four themes... who are earning less than 700 euros per month and scrap the special excise tax on heating fuel... to be more caring than previous governments are true. Restarting the economy SYRIZA suggests the formation
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Greek bond yields at post-PSI high as Athens bourse continues plunge
Economyto recover more than half of its earlier losses in the last 1.5 hour of trading. It is clear that investors... the 25 large cap stocks on Wednesday. However, the banking index has tumbled by more than 30 percent... in the bond market with the 3-year Greek government bond yield climbing by more than 1.5 percentage
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