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  1. PASOK battles for political space as Tsipras edges closer to launch
    Image: PASOK

    PoliticsGreek Politics

    keynote speech to set an assertive tone. His message was twofold: The socialists must be seen... a new political synthesis - a recomposed progressive majority built on a solid programmatic foundation

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  2. Brussels flags downside risks for Greece as conflict‑driven inflation surges
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    in 2026 thanks to record RRF inflows. However, rising energy prices are set to reduce households’ real... to grow by a modest 1.6% in 2026. Greece enters this new challenging period from a relatively solid fiscal

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  3. OECD's latest outlook sees stable growth, rising inflation
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    is the RRF, with public investment set to peak in 2026. RRF‑related spending is projected to rise from... growth. For now, Greece’s combination of fiscal discipline and strategic investment provides a solid

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  4. Is Democratic Left set to make a shock return to Greece's coalition?
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    When Democratic Left quit the coalition government in June, the possibility of the small centre-left party bridging its differences with New Democracy and PASOK seemed impossible. Suddenly, though, some kind of reconciliation – a return to the governmen...

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  5. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    Greece officially assumed the presidency of the European Union on Wednesday, with the highest unemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 p...

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  6. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    There was a time when Greece’s unemployment rate caught the media’s attention as it quadrupled from 7.3 percent in the third quarter of 2008 to the recent record high of 27.8 percent in the first quarter of 2014. There is less of a fuss these days, thou...

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  7. Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
    Photo by MacroPolis

    Economy

    Greek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the Eur...

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  8. ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
    Photo by MacroPolis

    Economy

    In its latest comment on Greek banks, Fitch noted that they remain burdened by a large stock of non-performing loans (NPLs), despite capital enhancement and progress with their restructuring plans. On the key issue of the European Central Bank’s compreh...

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  9. First Greek presidential vote to set tempo for final ballot on Dec 29

    PoliticsGreek Politics

    The first round of the presidential ballot on Wednesday evening (7 p.m. Greek time) is unlikely to provide any clear indications about whether the current Greek Parliament will manage to elect a new head of state by the final vote on December 29. The go...

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  10. Varoufakis outlines contours of debt deal as haircut set aside
    Photo by MacroPolis

    PoliticsGreek Politics

    The outlines of what the new Greek government is aiming to ask of its eurozone partners in terms of debt relief emerged on Monday evening, when Finance Minister Yanis Varoufakis spoke to the Financial Times after meeting with British Chancellor George O...

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