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Bid to form alliance for PPC referendum tests SYRIZA's political mettle
PoliticsGreek Politicsend up being a sterner test of SYRIZA's mettle than the coalition's. The opposition party upped... relating to the liberalisation of the energy sector rather than just blocking the sale of the so-called
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Loan and deposit rates edge down in May but remain above euro area average
EconomyMacroeconomydeposit rate is gradually falling, it remains more than 100 bps above the respective euro-area average rate of 1.42 percent in May. In addition, it is still higher than the respective rates in Spain
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Just 8 percent of Greece's 1.27 mln registered unemployed receive benefits
Societythat the numbers are even more alarming than most would imagine. Quoting figures supplied by Greece’s jobs... unemployed, meaning they had been out of work for more than 12 months. Also, 9.2 percent of those
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Public deficit and democratic duty
Agorato suggest that Greece’s deficit was inflated so it was bigger than Ireland’s, triggering an international... in the build up to Greece turning to the eurozone and the IMF for a bailout is far more sinister than just
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Central gov't primary cash surplus reaches 1.37 billion in first half of year
EconomyMacroeconomyat 23.67 billion euros, 236 million higher than the BoG underlying item. Interest payments on a cash basis dropped 11.9 percent to 3.17 billion euros, 1 percent higher than the budget figure. The 6-month
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Return of coastal bill may give SYRIZA new chance to build support
PoliticsGreek Politics-DEI), whose interests were far narrower than those represented by the groups opposing coastal... Golden Dawn) demanded such a discussion, they backed seven different proposals rather than uniting
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Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP
Economy), which are seen at 16 billion. More than half or the NPLs stem from corporate loans (42 billion euros... billion euros from more than 400,000 debtors and the latter’s at 7.5 billion from 370,000 debtors
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Greece sizes up task of restructuring corporate debt
Economybillion euros is less than half the figure of 42 billion recently disclosed by BoG governor Yannis... level rather than to just intervene at micro level. The workshop concluded that such exceptional cases
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomymore than offsett a rise in the services surplus by 190 million. The widening of the trade deficit... and ships, the trade balance in May did not show any meaningful change, while exports grew faster than
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Greek deposits inch up again in June, reaching 163.21 bln
EconomyMacroeconomy(BoG). Monthly net inflows more than doubled to 1.22 billion euros in June from 558 million in May... - savings’ inflows of 229 million more than offsetting time outflows of 708 million. June’s positive
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