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Greece and the euro: The flight of Icarus
Agora, as some of the people in the audience today will know very well. Greece saw joining the euro as part... meant structural factors were overlooked. A period of belt-tightening before euro entry saw Greece’s... are without a job and have diminishing prospects of finding one. Over the last three years, salaries have
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Athens prepares new primary residences proposal after finding common ground with banks
EconomyProgrammeThe Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure. The two sides ...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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BoG charts how crisis has affected private sector employment
Economyprivate sector employment has been affected during the crisis. The first finding is related... is some 20 percent below that of men (53.5 euros). Another important finding from the BoG study... shift work. In addition, 94,000 employees saw a wage reduction in their labour contracts in 2012
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Are Chinese investments starting to hit a wall in Germany?
Agora): Grundsatzpapier China: Partner und systemischer Wettbewerber – Wie gehen wir mit Chinas staatlich gelenkter
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Athens fears Middle East instability, joins others to push for change in EU's Syria policy
PoliticsForeign Policywith the Syrian opposition. Italian Foreign Minister Antonio Tajani announced on Friday
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Tsipras's choices are becoming clearer but not any easier
Agorasurplus target being beaten by 1.5 percentage points in 2016 (an assessment that the European... of Greece governor Yannis Stournaras said that a legally-binding commitment to implement further debt... into any binding discussion about debt relief. However, it is doubtful if Tsipras’s hard-pressed MPs
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This is where the last few days have left Greece and lenders
Agora, as well as the counter-measures that will be triggered if future fiscal targets are beaten. Once... in Greece. Debt relief The vital element to binding all this together and actually presenting Greece... programme with funding, as Germany and several other member states want. During her visit to Berlin
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