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  1. Survey shows 42 pct of Greek expats unlikely to return
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    in droves since the crisis began. The research, which has been conducted each year for three years so... to Greece (42 percent versus 35 percent last year). Forty percent saw themselves returning in three years or more, 9 percent in two years and another 9 percent in one year. Some 55 percent

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  2. New overdue tax obligations increase by 754 mln in April, total up to 94.8 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in the second half of the year. The aggregate figure for the 4-month period revealed that overdue obligations amounted to 4.03 billion, euros down by 6.9 percent from last year’s figure of 4.33 billion. Of this year’s amount, almost 3 billion, corresponding to around three quarters of the total, relate to tax

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  3. Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) preliminary... quarter from last year, while outperformed target by 794 million. Revenues Gross revenues rebounded by 8... only 54 million last year, but fell short of target by 340 million. Furthermore, tax refunds climbed

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  4. Greece secures next bailout tranche, moves towards deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    “more clarity on how we will calibrate debt relief needed next year.” Although he stressed... clarity and his suggestion that debt relief will definitely be needed next year, rather than... year by starting to issue bonds later this year or early in 2018.

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  5. Coalition guards unity as Tsipras briefs opposition leaders
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    continues with its reform programme, it could return to the markets before the end of the year or early next year, a belief he expressed before and after last week’s Eurogroup. “I don’t know about the exact months, but I think late this year or early next year, it may well be possible to go back

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  6. Trash dispute troubles SYRIZA ahead of political lull
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a possible solution. The government finds itself in a tight spot as it had suggested earlier this year... Thursday’s meeting that the workers’ current contracts could be extended until the end of the year.... Given that the primary surplus target for this year is 1.75 percent of GDP, rather than 3.5 percent

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  7. Material deprivation rises, while poverty risk drops slightly
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    on Income and Living Conditions of Households (SILC) referencing the previous calendar year (2015..., unchanged from the previous year. The survey also showed that 28.7 percent of the total population lives...). This is a slight decrease compared to the previous year’s figure of 35.7 percent. The share

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  8. Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the year, private sector lending flow stayed negative, with net deductions of 415 million euros... negative once more for the first time since January. This turned the year-to-date net additions.... The balance dropped to 86.02 billion. Since the beginning of the year, net deductions stood at 919 million

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  9. Some relief for coalition but bold claims about programme exit a concern
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    about 2,500 permanent staff next year. The move came as a relief for the government after Prime... could be in July, with the aim of raising around 2.1 billion euros to swap the three-year bond issued in July 2014. The second would aim to roll over a five-year bond that was issued in April 2014

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  10. Possibility remains for trial bond issue before IMF debt analysis
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    this month. Following the eurozone finance ministers’ meeting (the first this year at which Greece... in December of that year. Cyprus issued its first bond in June 2014 but exited the bailout in March 2016... as next week. According to the report, the government is thinking of issuing a five-year bond worth

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