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DIMAR's collapse continues, leaving doubts about presidential vote and centre-left
PoliticsGreek PoliticsLykoudis, one of the party’s leading figures, announced he is quitting to become an independent... to rebuild Greece’s centre-left, which could mean working with the current government. The divisions.... Many of DIMAR’s voters drifted to the centrist party To Potami, formed by journalist Stavros
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Commission points to poor access to finance, slow reform as hampering Greek competitiveness
Economybut improving competitiveness, according to the EC. This year’s report focuses on some of the most..., according to the Innovation Union Scoreboard 2014. Over the past eight years, Greece’s growth of 1.2.... In relative terms, Greece’s innovation performance fell to 69 percent of the EU average in 2013 from
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DIMAR left in disarray after failed attempt to oust Kouvelis
PoliticsGreek Politicsof the coalition’s main hopes for ensuring it does not lose the presidential vote early next year has been left in limbo after a weekend of high political drama at the party’s conference. Fotis Kouvelis... and PASOK, was comfortably re-elected as the party’s president on Sunday. But this reveals nothing
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Managing an orderly Greek exit from the memorandum
Agora.” This development appears rather unrealistic at present. Greece’s long-term sovereign credit rating is currently... underlined that the bank’s decision to initiate the purchase of asset backed securities and covered bonds... line (PCL). The PCL is a contingent or emergency funding facility. It forms part of the IMF’s toolbox
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August sees third Greek C/A surplus in a row, reaching 1.82 bln
EconomyMacroeconomyimports rose by 4.8 percent. Following September’s strong performance, the 8-month C/A surplus further... transfer receipts from the EU. BoG’s data did not reveal any material non-resident’s direct investment... outflow of 4.9 billion, mainly reflecting a decrease in non-resident’s investment in Greek
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ECB results light up path for Greek coalition's bailout exit plan
PoliticsGreek Politicson Sunday when the European Central Bank’s stress tests revealed that Greeks lenders could need.... But looking at it from a purely political point of view, the most valuable aspect of the ECB’s assessment is that it lights up a path to the early bailout exit the government craves. If Greece’s banks need
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Cairo Declaration inches Greece closer to hydrocarbons goal
PoliticsGreek Politicsin Greece has fallen on what the pact might mean for Greece’s hopes of demarcating its Exclusive Economic..., Saturday’s document makes a clear reference to the outlining of maritime zones and argues... of the Sea and challenges Greece’s right to outline its maritime zone. Ankara is upset that Cyprus has
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Education dispute opens up new front for coalition at sensitive time
PoliticsGreek Politics. Education Minister Andreas Loverdos’s decision to press ahead with the relaxation of restrictions... of the university’s senate. The rector became embroiled in a heated argument with students after... shut The latest point of contention is Fortsakis’s decision on Thursday to shut down the university
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You can call it reform if you like
Agora. Nevertheless, even if we are to take the government’s argument at face value, there is one niggling... that they would no longer have jobs. Karamanlis’s government was not the first or last to be concerned about... of the government’s commitment to reform. But what has been the fate of the man responsible
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Six in 10 Greeks earn less than average salary of €1,022 in private sector
Society. The data, drawn from the ministry’s Ergani database of hirings and dismissals, put the total number... the country’s largest insurance fund IKA-ETAM. In 2013, the number of employees earning less than... of employees are paid the minimum wage. The labour ministry’s report was published days after a study from
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