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  1. Greek government faces hard labour dilemma
    Photo by MacroPolis

    PoliticsGreek Politics

    , accused the Tsipras government of “crushing society” with more austerity. Late on Monday, more than... in unemployment, still above 23 percent, and a steady drop in job quality. More than a half million... than half of its own voters.

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  2. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    million lower than the April figure of 1.1 billion (0.63 percent of GDP). According to ELSTAT... lower than the April estimate. Even after the downward revision by almost 0.5 percentage points... stands at 311.67 billion, 221 million higher than the April estimate, and corresponds to 177.4

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  3. Countering a regressive and illiberal Europe
    Photo by MacroPolis

    Agora

    is at stake is much more than the EU itself: it is the danger of a regressive and illiberal Europe – a Europe... and challenge more than ‘just’ the European Union. If polarisation cannot be halted and the insecurities... than the disintegration of an international institution. At the end of day, it is not about the EU

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  4. Grappling with Europe's polycrisis
    Photo by MacroPolis

    Agora

    in the legislative process, the adoption of majority, rather than unanimous, voting and for a greater... in the arm it desperately needs. One senses that what is required now more than anything else is political... of the EU’s current failures rather than the Union itself. He cites a lack of cooperation between

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  5. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    -out. The report highlights that although Greece spends more on social protection than the EU average... of the population receiving either zero or very insufficient transfers. The World Bank examined more than...) in 2015. The breakdown shows almost half (more than 800 million) relate to family and child benefits

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  6. Revenues beat target for second straight month in Oct with 739 mln over-performance

    EconomyMacroeconomy

    figure at 268 million, 96 million lower than the target, while the 10-month figure fell short... better than the target. The revenue over-performance in October supports the government’s key counter... chiefs, Finance Ministry sources noted that the higher than targeted revenues not only guarantee

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  7. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    lower than last year. This corresponds to a drop in revenues of more than 7.8 percent in Q4 compared... Council notes that consensus estimates point to GDP rebound of more than 2 percent compared to the Finance

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  8. Central government debt drops to 323.7 bln in Q3 on bond repayments
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and 16.67 years respectively. The debt breakdown by residual maturity revealed long-term (more than 5 years) debt made up more than 80 percent of total, while short-term (up to 1 year) and medium-term (1... than 1 billion QoQ in Q2, Greece’s cash deposits edged down to 3 billion in Q3 from 3.17 billion

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  9. Tsakalotos states case for debt relief as New Democracy sharpens up
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    with creditors that will consist of more than just short-term measures. “I don’t think it would be enough, it will be more than I initially estimated, but not enough to unleash the virtuous circle,” he... targets rather than the other way around. “If the fiscal targets are going to be discussed first

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  10. Report shows Greek tax burden increased in 2015, remaining above OECD average
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent of GDP higher than the OECD average figure of 34.2 percent. The highest tax to GDP ratio in 2015... security contributions to total taxes of 28.7 percent in Greece are also higher than the average... percent of total taxation much higher than the OECD average ratio of 30.5 percent. However, VAT stood

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