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Coalition lines up draft legislation with aim of shifting debate and mood
PoliticsGreek Politicsof the package of labour reforms that lenders will demand during the second review in the autumn. To Vima
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General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
EconomyMacroeconomy’ clearance, while a similar amount of 1.7 billion of the second tranche of 2.8 billion due in September
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Labour laws already emerging as key issue for next bailout review
PoliticsGreek Politicsof the second review. The issue of Greece’s labour laws is drawing particular attention already. Labour
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BoG cautions on impact of tax rises, updates on rising NPEs
EconomyMacroeconomyIn its monetary policy report released on Wednesday, the Bank of Greece (BoG) says that it expects the completion of the first programme review will restore confidence, boost liquidity and improve the investment environment in the second half of the year, while a marginal recession of 0.3 percent
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Hirings outpace job departures by 76,591 in May for fourth positive monthly balance in a row
EconomyMacroeconomystraight month, while is the second highest May reading for since 2001. The breakdown showed
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BoG proposes debt relief measures and lower primary surplus target from 2018
EconomyMacroeconomypercent in 2031-2050. This corresponds to an average of 12.2 percent over the whole period. The second
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BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
EconomyMacroeconomyin the second half of 2016 and the first half of 2017. This largely reflects the effort of companies to absorb
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Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgrammeservicing needs of 5.7 billion and arrears’ clearance of 1.8 billion. The second sub-tranche of 2.8
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Some basic products in Greece among most expensive in EU
SocietyGreece remains the second most expensive country in the EU – after Cyprus – for milk, cheese and eggs, one of the nine categories of goods out of 13 that are above average EU prices, according to new data from Eurostat. Overall, however, the EU’s statistics agency found Greece to be around average
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Coalition wants next review to be swift despite labour reform complications
PoliticsGreek Politicsrather than three months. “The second review is coming up in autumn." Tsipras made reference
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