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Ring of Fire
Agorathe culmination of this exacting period, nobody can be sure. In the meantime, Greece has to deal... market more flexible since 2010, little time has been devoted to making workers’ safer. The court’s... over the last few years as our anguish, anger and hate has poured onto the streets of Athens and other
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Greek industrialists decry conditions as another major firm moves its HQ abroad
Economyproduction index has recorded a 29 percent fall since its peak in July 2008 and despite signs... important sector”. “SEV has warned for some time that Greek industry, despite its remarkable.... It is the latest in a series of critical interventions from SEV, which has accused the government
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Racism in Greece is getting worse and authorities are to blame, damning report suggests
SocietyThere has been a significant rise in racist attacks since the 2012 general elections, when Golden Dawn entered Parliament, and it has been exacerbated by authorities’ failure to react, the Greek... and at least four deaths. Neofascist Golden Dawn has been linked to 71 of the incidents and police
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Samaras and Venizelos rule out elections but can't be sure they won't happen
PoliticsGreek PoliticsGreece’s coalitions has decided against calling snap elections in the wake of Golden Dawn arrests... is also trying to stay ahead of the game in that respect. He has presented a plan for changing Greece.... It is not clear if this could stand legally. With regards to the one MP that Golden Dawn has elected from
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Rising clinical depression hints at hidden side of Greek crisis
SocietyThe proportion of Greeks suffering from major depression has increased substantially since 2011... that has a monthly income of less than 400 euros has the symptoms of clinical depression. Depression... points to some more specific factors causing depression among Greeks. There has, for instance, been
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What is the state of play with Greek banks?
Economyover the past three months, has also triggered increased interest from the investment community.... Furthermore, a 6 percent cut in bank employee wages has already been in effect retroactively as of January 1.... Although the second quarter results showed that NPL formation has either stabilised or decelerated
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For Stournaras, it's out of the frying pan and into the heating oil
PoliticsGreek PoliticsWith winter approaching, the subject of heating oil has become somewhat of a burning issue... sourced firewood. There has been growing pressure over the last few weeks from backbench government MPs for the heating oil tax to be reduced this year. So far, Finance Minister Yannis Stournaras has
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Eurozone periphery condemned to low wages, demand, EC study suggests
Economyon the decisions taken by core euro area countries, particularly Germany, which has been setting the tone... pursue fiscal retrenchment across the eurozone. It is what lies behind this criticism that has wider... between the periphery and the core does not widen again. This means the periphery has to perform
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Kammenos ups rhetoric but Independent Greeks' future unclear
PoliticsGreek PoliticsThe leader of anti-bailout Independent Greeks, Panos Kammenos, has never been reluctant to express... hit a nerve. The term he used is particularly loaded at the moment because Neo-Nazi Golden Dawn has... Zois, set up his own right-wing movement. However, a possible alliance with SYRIZA has the greatest
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Golden Dawn murders generate new test for Greek democracy
PoliticsGreek PoliticsGreek democracy has been under pressure since the country’s economy and political system began... settling of scores. For the time being, though, the reaction of all parties has been to condemn... Dawn’s reaction once the dust has settled remains to be seen, it’s certain that the shootings
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