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Farmers anger resonates with public as government struggles to resolve dispute
PoliticsGreek Politicssolutions to support rural communities. While the MPs did not break with the party line... to deliver tangible relief to rural Greece but also to maintain cohesion within his party. What began..., internal critics and rural communities are all vying to shape the narrative. Opinion poll Against
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Reshuffle on horizon as second OPEKEPE dossier rattles government
PoliticsGreek Politicsof one former rural affairs minister and three deputy ministers, but the two resulting parliamentary... another former rural development minister and his deputy, relating to the same period. The scandal... to manage the political fallout. The list includes two current cabinet members, Rural Affairs Minister
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What would a clean bailout exit for Greece mean in numbers?
AgoraWith approximately 145 billion euros in loans, the ESM is by far the largest creditor of Greece, holding 43... and had another 100 basis points shaved off the interest rate, which was reduced to 50 basis points above the 6-month Euribor rate. Current servicing cost stands at circa 0.7 percent annually and a budget
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Greece and the euro: The flight of Icarus
Agorawings were disintegrating. Prices were rising at almost twice the rate of the eurozone average.... The glory was fleeting. Within a few months of holding the Olympics, Greece became the first EU country... 5 percent next year. The unemployment rate has passed 25 percent. One in two people under 25
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UnLuCky for some: Another painful lesson from the euro crisis
Agoraas a holding operation that allowed defences to be built to stop the eurozone suffering from contagion... account deficits, real effective exchange rate appreciations and higher inflation between periphery... between 2011 and 2013, while 15 percentage points were added to the unemployment rate. After deciding
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Newsletter 3 - 14/11/2014
and that it expects the heads of the troika delegation in Athens in the coming days. Jobless rate falls to below 26 percent The seasonally adjusted jobless rate fell below 26 percent in August for the first time... of economists by Reuters had predicted a growth rate of 1.3 percent for the third quarter. 2
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Newsletter 101 - 23/12/2016
holding up the implementation of short-term debt relief measures dragged on. Athens had hoped to end..., respectively. The central bank also projected that the unemployment rate will drop by 1.5 percentage... in the VAT rate has had a negative affect on VAT revenues. Thus, BoG proposes more initiatives to increase
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Government stalls possible bond issue, clashes again with judiciary
PoliticsGreek PoliticsMonetary Fund is holding its executive board meeting on June 20, rather than June 27 as was initially..., that the SYRIZA-led coalition is making a forced return to the markets at an unattractive rate. Stelios... that the 2014 bond had a yield that was 1.41 times higher than Portugal’s rate. He suggested that if the same
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Greece completes first bond issue in three years, eyes more on way out of programme
Economyvalue and an offer of a new euro-denominated fixed rate note under the English law due in 2022..., we conclude that the participation rate in the bond swap reached 39.1 percent, while total cash offers (from new investors) amounted to 4.68 billion euros, implying an oversubscription rate of 3.28
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Manufacturing PMI climbs to 53.9 pts in August, outlook remains positive
EconomyMacroeconomyin output and new orders, Markit noted. The rate of job creation accelerated in August. Greece’s... suggesting the rise being driven by increased client demand and higher volume of new orders. The rate... for the second successive month. The rate of output growth beat that of new orders which in turn led
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