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Greek tourism: Hopeful yet uncertain for 2016
EconomyFeaturesa more mixed picture. Tourism represents one of Greece’s most important sources of revenue, constituting..., predicts that direct tourism contributions will reach around 9.3 percent of GDP contribution. One
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Nine in 10 Greeks under 30 feel marginalised due to crisis
Society, with only one percent in Germany saying this was the case. Yet, Greeks under 30 recorded the second-lowest rate (6 percent) of those who have studied, trained or worked in another EU country, a one
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Slow pace of returns and relocations leaves refugee crisis finely balanced
PoliticsForeign Policyrefugees that have reached Greece since the “one-for-one” agreement with Turkey was made have been
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Creditors' deal comes up short on debt relief for Tsipras
PoliticsGreek Politicsand over the coming months. One of these may involve having to go back on his word in Parliament... Greece’s vicious cycle of recession-measures-recession into one where investors have a clear runway
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Government faces tight schedule for amendments to bailout legislation
EconomyProgrammerequested the extension of the deadline by one month for the completion of all necessary technical... that it could be concluded in less than one month. NPLs The second key issue relates to the non-performing
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Potential changes to constitution and electoral law move onto main agenda
PoliticsGreek Politicsnot be drawn on what proposals the coalition plans to make, although one of the changes the government... that one of the government’s main aims is to create smaller electoral regions so that no single area elects
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Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
Economyof the MoU was one of the key pending prior actions for the completion of the first programme review... and maintenance of the largest Greek - and one of the largest in the world - metropolitan green areas
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EWG clears 7.5 bln tranche for Greece in first step before disbursement
EconomyProgrammefor the disbursement of the next tranche of 7.5 billion euros. One of the key prior actions related... billion euros, around one third of the bailout aid, in the next months, which correspond to almost
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoraof 3.05 billion euros in the previous quarter, which also incorporated one-off items. As a result... at 9.46 billion, implying they are trading at one-third of their TE. At the same time, they hold
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Study estimates tax evasion costs taxpayer up to 16 bln annually
EconomyTax evasion in Greece is estimated to range from 6 to 9 percent of GDP, involving tax losses from 11 to 16 billion a year – the equivalent of almost one third of public revenues – according to a new... and initiatives for the use credit/debit cards in Greece, where card use is one-fourth of the EU average.
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