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  1. Greece and lenders make headway on review but labour reforms remain biggest obstacle
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    -performing bank exposure of more than 60 billion euros (300,000 sole proprietors, 70,000 small... entities eligible for the new process will be required to have an annual turnover of more than 50,000

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  2. Current account surplus widens to 1 bln in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) surplus expanded by more than 104 million euros or 11.5 percent from last year to reach 1.01 billion in September from 904 million a year ago, Bank of Greece (BoG... attributed to a deterioration in the services surplus by 1.77 billion – which more than offset an improvement

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  3. Greece’s downstream oil industry adapts to shifting demands
    Photo via http://www.helpe.gr/

    EconomyFeatures

    than other industries. There are around 4,100 people working in the Greek oil refinement industry... with a focus on RES becoming the country’s primary source of energy rather than a feel-good

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  4. Tsakalotos sticks to guns as review compromise remains elusive
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    concessions on debt relief rather than demanding Athens give in on issues such as labour reforms... measure than reducing the surplus targets,” he said. His comments suggest that Greece and its creditors

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  5. Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent in 2019. More than three quarters of the NPE and two thirds of the targeted NPL reduction..., 1 percent better than the target of 106.9 billion, while the respective ratio stood at 51 percent

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  6. Are we taking Greeks' devotion to the euro for granted?
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    has tended to average about 10-15 points higher than for the EU. Finally, Greece’s figure is eight points lower than it was last autumn (the biggest fall among all EU members during that period

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  7. Pieces of review puzzle yet to fall into place ahead of Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    issues. One of the main obstacles is the labour market reforms, where a political, rather than... surplus of no more than 1.5 percent of GDP (against European projections for a 3.5 percent surplus

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  8. New poll hurts coalition's recovery hopes as Turkey threat grows
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    with the government. Although these figures are between one and two percentage points better than last month... next year will be better than 2016. Of course, the government will hope that these figures will change

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  9. Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    wealth. Greece’s wealth per adult stood at 103,569 dollars in mid-2016, 17.4 percent lower than... amounted to 92,804 dollars, around 15 percent higher than the European average. The breakdown

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  10. Tsipras weighs up options amid concern about mired talks
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    than 600 million euros among pensioners was seen as an indication that the government might...-led administration for the measures it adopts rather than the head of a rickety alliance

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