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Loverdos cosies up to DIMAR but future of Greek centre left remains in doubt
PoliticsGreek Politicsfor a New Greece, Loverdos’s movement seems little more than a personal vehicle. It has attracted just one... the coalition government in June over the closure of state broadcaster ERT, DIMAR has adopted what... popular party leader, has fallen behind Antonis Samaras and Alexis Tsipras. This means DIMAR is also
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An issue of statistical significance in Greece
Agora-employee of the Hellenic Statistical Authority (ELSTAT), Zoe Georganta, has accused him of colluding... economy has suffered for decades. The events of 2009 should be looked at with a critical eye so Greeks... for 2009 had been 3.9 percent of GDP, as Georganta has recently claimed, then events would certainly have
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Greece's labour market is austerity's biggest casualty
AgoraGreece has the potential to attain by 2020 a GDP in the region of 330 billion euros and a place... time as the 20th economy in the G20 experiences a depression similar to the one Greece has gone... – the last available quarterly data from ELSTAT – the Greek economy has lost 738,000 jobs, a 16.5
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We need to talk about unemployment
Agoraon the devastating projections for unemployment. The finance minister has designed Greece’s medium... Ministry has anticipated will remain out of contact with the labor market and could see their skills.... The government has announced a number of short-term job schemes in an attempt to combat the worst effects
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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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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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