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  1. Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    admitted that the bank recapitalisation process is progressing more rapidly than initially expected two... euros, the actual funding to Greece under the third bailout programme will be lower than the 86... the institutions no later than the beginning of next week. Such a development will unlock the 2-billion-euro sub

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  2. Helmut Schmidt, Greece and a valuable legacy for Europe
    Photo: Kleinschmidt/MSC

    Agora

    of leaders past rather than a measured assessment of what they offered. Like all politicians, Schmidt... cultivated prejudices and phobias rather than stand against them. This is where Schmidt’s contribution is so valuable. He was more resolute than to be shoved one way and then the other by developments

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  3. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    percent YoY. Private consumption is the largest contributor, making up more than 69 percent of 2015 GDP... a nosedive by more than 32 percent in disposable income attributed to heightened unemployment, a series... decrease, also reflecting a double-digit growth in Q1. Since 2008, investment plunged by more than 68

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  4. Newsletter 53 - 27/11/2015

    Newsletters

    losses to more than 90 percent over the past three months. As a result, the four core banks’ market value... as party leader to help his re-election campaign rather than competing against the other candidates... accusations that Sunday’s failure may have been the result of sabotage rather than incompetence

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  5. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    than offsetting a revenue shortfall of 1.43 billion. November revenues and primary expenditure exceeded... billion lower than target. Expenditure As already evident in the preliminary figures, primary... by 1.7 percent to 42.49 billion, 2.34 billion better than target. The latter also reflects notably

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  6. New Democracy counts down to Sunday's leadership vote
    en_GB Photo by MacroPolis

    PoliticsGreek Politics

    of areas. According to the Pulse poll, 38 percent of voters think Mitsotakis would be better than... their faith in Meimarakis. Meimarakis, however, does better than his opponent when voters are asked... levels of the party may prove more potent on Sunday than Mitsotakis’s active campaign, which included

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  7. Declining flow of refugees gives struggling government some hope

    PoliticsForeign Policy

    been an average of 996 refugee arrivals per day. This is substantially lower than the daily average... on Monday, there are no more than 5,300 people (out of a total of just over 50,000) at the reception... arrivals for March appear well down on February's, they are far higher than the figures for last

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  8. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    will need to implement 3 percent of GDP, more than 5 billion euros, in further austerity measures up... could find in the markets better rates than those charged by the IMF, justifying the government plan... an upwards-revised surplus of 705 million euros. This meant the target was missed by more than 2

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  9. Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
    Photo by MacroPolis

    Economy

    of debtors owe less than 15,000 euros each for an aggregate amount of 1.14 billion euros (6.9 percent... 0.4 percent of total) owe more than 1 million each for a total amount of 3.76 billion euros, which... more than 60,300 debtors, accounting for 20 percent of total debtors. It is worth noting that KEAO

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  10. Disposable income drops 1.8 pct in Q1 on rise in taxes and social contributions
    Photo by MacroPolis

    EconomyMacroeconomy

    by more than 26 percent over this period. The breakdown of the disposable income components showed... of employees edged up to 14.02 billion euros in Q1. Nevertheless, it has dropped by more than 6.3 billion... billion euros in Q1. Nevertheless, they remain more than 25 percent lower than the 2010 levels

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