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Greece takes on EU presidency and some significant challenges with it
PoliticsGreek Politicsand get Greece out of its lengthy recession. For this reason, the Greek presidency has set limited... Samaras has already been advised against this. This, however, does not mean that the Greek presidency... have a better chance of being resolved through EU channels. Samaras has already gone on record about
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Fraud probe at Hellenic Postbank a sign of bigger things to come?
PoliticsGreek PoliticsOne of the common complaints in Greece during recent years has been that Greeks who pocketed money... year, though, there has been some progress in making political, public and business figures accountable... serve as a scapegoat behind which others could hide. This week, however, the judiciary has displayed its
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Greece and troika: Bailout tranche, funding gap and debt relief still pending
PoliticsGreek Politicsto the fact that Greece has entered primary budget surplus territory and does not have any debt... to support the Greek banking system that matures on May 21. Stournaras has suggested it could be rolled over to help with Greece’s financing gap but the troika has reservations about this option
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Where Greek banks stand ahead of capital needs disclosure
Economybill is now seen at 5 billion euros, a figure broadly similar to the one that has been doing... and minimal or even zero for Alpha and Piraeus. Although the date of disclosure by the BoG has... and the ECB. Although it has not stated so publicly, the Greek government is thought to have given up
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To Potami's rise and Golden Dawn's strife shake things up for May vote
PoliticsGreek Politicstoo early to say if To Potami has the potential to carry this kind of support right through..., the surprisingly high ratings Theodorakis’s party has so far received despite the fact its policies..., which has seen at least 15 parties created since the June 2012 national elections, any party able
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Social support in Greece not adequate enough to deal with crisis, says OECD
SocietyA recent OECD study examining the aftermath of the crisis has highlighted the social difficulties... in real wages was the largest in the OECD, but the resulting reduction in labour costs has so far... has nearly doubled since 2012 as many as 1 in 5 Greek working-age adults now live in a household
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DIMAR rules out coalition return but sees general elections on horizon
PoliticsGreek PoliticsSince June 2013, when it quit the coalition government, there has been regular speculation about the possibility of Democratic Left (DIMAR) returning to the administration. This option has been... views held by Baltakos and other key figures around Samaras. The small leftist party has made it clear
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Greece's primary surplus: Much ado about nothing?
AgoraThere has been some confusion about Greece's fiscal statistics this week after the size.... The latter shows the Greek deficit has narrowed by 21.1 billion since 2010, of which 9.3 billion..., the focus has been on the primary surplus target. This is an extract from the statement issued after
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Jobless rate drops for fifth month to 26.5 pct in Feb but employed also falling
Economy. The headline figure had peaked at 27.7 percent in September and has been on a downward trend since... at 3.609 million from 3.614 million in January. Over the past five years, the number of employed has... is the slowest over the past three months. Although the number of unemployed has dropped by 84,000 since its
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Significant post-election economic challenges await Greek coalition
Economyreview,” which is due in September. The government has reportedly assessed a plan incorporating... Credit to the private sector has been limited over the past few years. Credit expansion turned negative in January 2011 and has been hovering at around 4 percent over the past two years
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