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Some relief for coalition but bold claims about programme exit a concern
PoliticsGreek Politicsat lower rates than the New Democracy-led administration did in 2014 and make a clean exit from the programme in 2018, rather than with the support of a credit line (ECCL) like the ones the lenders... or higher rate than in 2014 and also needs and ECCL to leave the programme, the opposition will argue
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The conundrum of Greek olive oil exports
EconomyFeaturesof Greek olive oil is exported to Europe, rather than new markets like India, China or America. Crucially... - rather than export bulk olive oil at wholesale prices, Greece should process its product, package... per cent higher than 2014).” Their report highlights that a more vertically integrated production
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Athens wrestles with timing of market return, aiming for maximum impact
PoliticsGreek Politicsand not a publicity stunt. Better than in 2014 The current government is desperate to have a more successful return to the bond markets than the New Democracy-PASOK coalition led by Antonis Samaras in 2014... that it has brought the Greek economy to a more promising position than three years ago. Tsakalotos pointed
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How Cyprus re-entered the market
Agorathat was 414 basis points above the benchmark. The bond was more than two and a half times over... a whopping 178.8 percent this year. This is one reason why Greece will probably pay higher than 414... been much deeper, and afflicted far more people far more severely than in Cyprus. While
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Greeks deeply pessimistic about future but confidence in euro persists
Society12 months, Greeks had a significantly more negative outlook than the EU average. Around 62 percent... compared to an average positive response of 47 percent. Greeks were twice as likely than the EU..., when asked if they were for or against a number of statements, more Greeks than the EU average were
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Coalition faces demanding September on reform, fiscal and economic fronts
PoliticsGreek Politicscould end with growth of more than 1.5 percent. September is also a crucial month for public... than the target, fuelling fears that taxpayers may not be able to bear the heavy tax burden in the second half of the year, with more than seven billion euros due by the end of the year.
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About to soar? Greece's economy still needs to be handled with care
Agoraproven to be one of the most reliable measurements of sentiment, posted another inflow of more than... of NPEs are non-performing for more than a year, whereas over half of them are non-performing for more than two years. This figure doubled within 2016 and is a clear indication of the difficulty
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Newsletter 135 - 13/10/2017
more exits than entrances into the pension system, plus higher mortality. Despite this difference..., significant gaps remain. Tax refunds have risen rather than fallen, from 1.25 billion euros... billion in August. Though the figure is lower than July’s amount of 2 billion, it means that Greece’s
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Unemployment falls again in August, edging down to 20.6 pct
EconomyMacroeconomyto 3.79 million, 101,578 higher than a year ago. The number of unemployed decreased by 16,769, bringing the total to 984,483. This is 141,342 lower than August 2016 and the first time that the total number... sees unemployment at 21.9 percent for 2017, lower than OECD which expects the jobless rate to settle
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Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
EconomyMacroeconomywith the deadline for the ENFIA property tax’s payment being moved to September rather than August. Expenditure... to 38.45 billion or 1.85 billion lower than the target. PIB PIB revenue stood at 57 million euros... a deficit of 651 million, 655 million better than the target.
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