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  1. Golden Dawn rears its head in local polls, prompting rethink from main parties
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    in Athens, where spokesman Ilias Kasidiaris got more than 16 percent of the votes in the mayoral race. His... close to or more than 20 percent of the vote, making Kasidiaris the leading candidate at those centres... candidate drew close to 8 percent of the votes, which is still higher than the 6.9 percent the party

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  2. Election results in Greece lift uncertainty, for now
    Photo by MacroPolis

    Agora

    . Uncertainty took center stage. The Athens General Index plunged more than 15 percent within the course... percent lead over ND, the senior government coalition party. Elia (PASOK) clocked a better than... than 10 percent of their previous electorate power, their combined power still stands ahead of SYRIZA

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  3. ELSTAT survey finds 2013 household budgets devastated, inequality persists
    Photo by Harry van Versendaal

    Society

    in the rural than the urban areas. The average monthly expenditure in the urban areas fell 7.1 percent...) is 5.7 times higher than that of the 1st (333 euros). The respective ratio stood at 5.9 in 2012... compared to that (1,030 euros) of the non-poor population. Food and housing account for more than half

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  4. Wealth in Greece plunged by 170 bln since 2007, report finds
    Photo by MacroPolis

    Society

    on year, but that it had fallen by more than a fifth in Greece over the last seven years. The evolution... wealth in Greece is estimated at 0.56 trillion euros, similar to that in Finland, which has less than... population than Greece. According to JB estimates, the wealthiest 10 percent of European households have

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  5. Greek banks may soon breathe sigh of relief on capital needs
    Photo by MacroPolis

    Agora

    . This could trim their capital shortfall by more than 2 billion euros. Citing banking sources, Ta Nea daily...’s plan indicated that the coalition believes more than 10 billion will still remain available after... of additional capital that will be needed rather than investor appetite. A similar statement was made

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  6. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    in the 10-month period of 2014, 2.4 times higher than the 1.43 billion posted last year, according the gg bulletin... cash deficit narrowed by more than 2.5 billion euros to 1.68 billion from 4.19 billion... in the 10-month period, with the state budget figure at 2.03 billion, making up more than half of total. Last

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  7. Samaras sets out New Democracy's plans for growth

    Economy

    GDP rise of more than 30 percent on the 2014 figure of 178.9 billion that would bring nominal GDP... lower than the peak of 242.1 billion in 2008. However, for this target to be achieved, nominal GDP..., tourism and agriculture are projected to contribute more than half (55 percent or almost 30

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  8. Newsletter 12 - 23/01/2015

    Newsletters

    parties to amass 11 percent in order to secure 151 seats. percent, which is much higher than its potential... in March. In previous transactions like this, foreign investors purchased more than half of these notes... and much lower than those before the June 2012 elections. The BoG has officially stated

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  9. Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership

    EconomyMacroeconomy

    rate remains around 80 bps above the euro area average and more than 60 bps higher than the respective... mid-2010. However, the current rate remains around 2 percentage points higher than the euro area average... stable at 5.97 percent (for amounts lower than 250,000 euros) and at 5.22 percent (for amounts between

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  10. Newsletter 15 - 13/02/2015

    Newsletters

    could be accepted and whether Greece would be allowed to issue more than the 15 billion euros in T... the lowest since 2011. Greek investors (mainly banks) have to cover the entire issues, compared to less than... that more than 15 billion have been withdrawn from Greek banks in last two months, bringing

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