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Greece's latest GDP figures and what to expect for the rest of the year
AgoraThe flash estimates released by the Hellenic Statistical Authority (ELSTAT) on Friday were a positive surprise, with the seasonally-adjusted (SA) GDP growing by 0.3 percent quarter on quarter (QoQ) in the second quarter (Q2) of 2016, while it contracted...
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Latest data highlights how hard it is for unemployed Greeks to find jobs
SocietyOut of all the people in Greece who were unemployed in the fourth quarter 2015, 94.6 percent remained out of work in the first quarter 2016, in what is the highest rate in the European Union, data from Eurostat has shown. Only 4.3 percent of jobless Gre...
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Arrears clearance meets September target, unlocks latest tranche
EconomyProgrammeThe European Commission (EC) published a note for the Eurogroup Working Group on Tuesday regarding the monitoring of net arrears clearance in the July-September period. Its positive assessment paved the way for a decision by the Board of Directors of th...
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Greece and institutions wrap up latest talks with no progress on difficult issues
EconomyProgrammeDiscussions between the institutions’ mission chiefs and Greek officials continued on Thursday without any agreement on the out-of-court mechanism, energy, justice and product markets that were in focus during the meetings. Energy Minister Giorgos Stath...
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In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBankingBank of Greece (BoG) published on Thursday the second issue of its semi-annual overview of the Greek financial sector and provided an update on the key banking figures, mostly related to loan quality, in the first half of 2016. The BoG also conducted a ...
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Labour Ministry publishes latest pension breakdown
EconomyMacroeconomyThe Labour Ministry's bulletin of the Computer Centre for Social Security Services (IDIKA) published on Sunday for the first time since the summer of 2015. The bulletin showed that a total of 4.55 million pensions were paid in December 2016, totalling 2...
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Fires latest obstacle to coalition's momentum-building efforts
PoliticsGreek PoliticsThe government and opposition continued to trade accusations over the recent forest fires on Thursday as the coalition struggled to play down the damage done by the blazes over the last few days. Following a meeting between Prime Minister Alexis Tsipras...
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Despite stumbling blocks, Athens more upbeat after latest talks on name issue
PoliticsForeign PolicyAthens seems to be more optimistic about a possible solution on the Macedonia name issue following the trilateral meeting involving the foreign ministers of Greece and the Former Yugoslav Republic of Macedonia (FYROM), and UN special envoy Matthew Nimet...
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The legal framework and latest developments in international investment arbitration
LegalA much-anticipated judgment by the Court of Justice of the European Union in the Slovak Republic versus Achmea B.V. (Case C-284/16), on March 6 this year, ruled that the arbitration clause contained in Article 8 of the 1991 Netherlands-Slovakia Bilatera...
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Mitsotakis to continue advertising change on latest EU trip, at Thessaloniki Expo
PoliticsGreek PoliticsMoving on from Kyriakos Mitsotakis’s meeting with German Chancellor Angela Merkel last week, the government is focussing on the third leg of the Greek prime minister’s European tour and looking ahead to his appearance at the Thessaloniki Expo this weeke...
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