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Risk of poverty in Greece rising to alarming levels
SocietyAlmost one in three Greeks are living at risk of poverty – well above the European Union average and the highest proportion in the eurozone – according to figures published this week by Eurostat. Despite the fact Eurostat’s Regional Yearbook uses figures for 2011, the data it provides
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Greece's 2014 fiscal gap suddenly appears bigger, much bigger
EconomyJust one week after the Greek Finance Ministry submitted to Parliament the draft budget for 2014 - which sees a primary surplus of 2.9 billion euros, or 1.6 percent of GDP – European Central Bank executive board member Joerg Asmussen appears to have put the economic plan in some doubt, while
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From soup kitchens to school meals, demand for welfare in Athens is surging
Societyper month. Six in 10 of those who attend at least one of the two soup kitchens a day are aged
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Greece's current account in surplus for the fourth consecutive month
EconomyMacroeconomyto Greece following a Eurogroup decision in November 2012. Even excluding this one-off item, the July
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Submarine deal resurfaces, threatening new political divisions
PoliticsGreek Politics, it would not be surprising to see divisions between the one-time political enemies re-emerging.
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Eurozone periphery condemned to low wages, demand, EC study suggests
Economyin the event of shocks, it places its own stability at risk as one-sided adjustment efforts could make
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BCP in first successful placement of Greek bank shares after recap
Economypercent. BCP gross proceeds from the transaction amount to 494 million with the bank recording a one
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Golden Dawn murders generate new test for Greek democracy
PoliticsGreek Politicsare treating the incident as a hit carried out by one of several urban guerrilla groups active in Greece
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In clearest statement yet, Tsipras says he'd keep euro
PoliticsGreek Politicsin terms of expenditure) than the current one. Nevertheless, his proposals received little attention
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Greek consumers take effort to lower prices into their own hands
SocietyOne of the common complaints in Greece over the past few years is that although wages and pensions have been reduced substantially, the prices of even basic goods remain high. The Organization for Economic Cooperation and Development (OECD), for instance, found recently that the same basket
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