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  1. Greek jobless rate eases for fourth straight month but still at 26.7 pct
    Photo by Harry van Versendaal

    Economy

    . After peaking at 7 percentage points in 2012, the gap dropped to the historic average of 6 pp in 2013.... For all other age groups the unemployment rate has more than tripled over the past 5 years

    13%

  2. Greek Parliament's budget office questions primary surplus sustainability
    Photo by MacroPolis

    EconomyMacroeconomy

    and human resources, 3) alternative energy sources, 4) hydrocarbons, 5) maritime, 6) organic crops and 7) Mediterranean nutrition. The PBO suggests the government should prepare a comprehensive programme

    13%

  3. Jobs, hundreds of thousands of jobs
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    in the region of 4.9 to 5 million, 770,000 workers represents 15.4 percent of the labour force.... This represents just over 7 percent of employment and even at the country’s employment peak in Q3

    13%

  4. After landmark return in April, Greece prepares to tap bond markets again
    Photo by MacroPolis

    Economy

    on July 7. The release of the next instalment is expected to be approved as Greece has completed... with a coupon of 5 percent on March 18. One month later, National Bank issued a 5-year note of 750

    13%

  5. BoG shows lower deposit rates and a sharper drop in loan rates in June

    EconomyMacroeconomy

    to 2.81 percent, while that for sole proprietors fell by 5 bps to 9.02 percent. In contrast, the rate..., the changes in June were much smoother. The average deposit rate slipped by 7 bps to 1.74 percent

    13%

  6. Don't let the facts get in the way of "Argentinology"
    Photo by Quim Pagans via Flickr

    Agora

    an 8-billion-dollar augmentation of the Argentinean programme in August 2001. In September, it disbursed 5... pick-up only left a small portion of 7 percent of holdouts who refused to exchange, part of which

    13%

  7. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    by Q4 from the divestment of ATE Insurance and 20 million to be recognized in Q3 from the 5 percent... below 110 percent (108 percent in Q2), net Eurosystem funding to total assets below 10 percent (7

    13%

  8. WEF report highlights weakness of Greek institutions and challenges of recovery

    Economy

    Forum (WEF) today. In 2013, Greece had gained 5 spots. Greece is now ranked in the 81st place from... in the basic requirements (now at the 76th place), 2 places in efficiency enhancers (65th) and 7 places

    13%

  9. ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
    Photo by MacroPolis

    Economy

    billion respectively), while Alpha and Eurobank’ figures stand close to 4 and 5 billion respectively... billion, while Alpha and Piraeus figures are between 7 and 7.5 billion each. Taking into account

    13%

  10. Nervous markets subject Greek stocks and bonds to a hammering
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    , plunging by 7 percent today and close to 26 percent over the last month. At the same time, the 10-year... the recent 3- and 5- year issues have seen their yields rise sharply to 5.25 percent and 5.7 percent

    13%