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  1. SYRIZA, New Democracy promote competing narratives after MoU exit
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    suggestions that next year’s pension cuts will be avoided, New Democracy has joined the race to make attractive pledges to voters, saying it backs an increase in the minimum wage and that it has no plans.... The message that the government has been trying to get across to voters is that following the end

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  2. Recent study issues warning over ageing population, future pension burden
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    study has shown. Research from Panteion University has shown that the country’s social security system... age group rather than the more economically sustainable pyramid shape, has been remarked upon... in 1951, and has risen to 44 years today. It is expected to go on rising in the coming years

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  3. Economic sentiment remains stable as retail confidence materially improves
    Photo by MacroPolis

    EconomyMacroeconomy

    . It also matched the figure of June 2014. Greece’s economic sentiment has kept above 100... to August 2017, ESI has risen by 6.2 points, from 99 last year. Consumer confidence continued rising... confidence has improved by 9.2 points and by 2.5 points since the start of the year. Month-on-month

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  4. Athens resumes contact with Ankara as interest in FYROM referendum grows
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    : “It is no secret that we have problems, but Greece has stood firm and not joined those who applied double... with new UN Secretary General special envoy Jane Holl Lute who has already met with officials in Cyprus... drilling in Cyprus’s Exclusive Economic Zone. Turkey has said it is also set to begin its own drilling

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  5. Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the Bank of Greece's (BoG) monthly financial statement has revealed. The latest decline marks... billion euros. Since the start of the year, Eurosystem funding has declined by around 21.04 billion... funding has been steadily falling, with the latest reduction coming on July 26, when the ECB announced

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  6. Economic sentiment drops in September to 101.3, consumer confidence picks up
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    months where the reading has remained above the 100-point mark, though it is the lowest since March this year, when the index came to 99.8. Compared to September 2017, the ESI has risen by 0.7 points. Consumer confidence rose by 2.9 points to -44.9. Year-on-year, consumer confidence has improved

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  7. Coalition hopeful on pensions, looks to maximise impact of limited relief measures
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , Finance Minister Euclid Tsakalotos indicated that the coalition has become more confident... to be a significant political victory on pensions, especially given the criticism it has received from... in Parliament, some of the media that is critical of the government has been highlighting the extent

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  8. Falling bank shares prompt coalition to take closer look
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the bank’s balance sheet and enhance its capital base. The bank has made significant progress on all... and downward price revisions for all systemic banks. Another factor that has affected investors’ stance..., by 2021. While the more aggressive approach to NPL reduction is seen as positive move, it has also

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  9. Kammenos deviation raises more questions about coalition's endurance
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    not represent government policy, which has centred on extending the agreement for the US to use the Souda Bay naval base in Crete. It should be noted that Washington has also not shown an interest... minister has mainly been dismissed by the opposition parties as another piece of political theatre

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  10. Athens to send draft budget to Brussels after talks with IMF on pensions

    EconomyProgramme

    , Athens has decided to stick with the formula it followed earlier this month and not send the budget..., Tsakalotos has argued that Greece can beat its fiscal targets and use the excess surplus to increase... for a two-year period. Without the savings from the pension cuts, Athens has to rely on the fiscal

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