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  1. A fierce political clash over medicine prices in Greece

    PoliticsGreek Politics

    of medicines being lowered but the legislation has proved far more controversial than its content would.... Of this, about half was spent by the state. This is substantially lower than when the crisis began... is for government spending on medicines to be no more than 1 percent of GDP, or 1.7 billion euros. One

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  2. Debt relief or debt restructuring for Greece?

    Agora

    to the conclusion of the first economic adjustment programme more than 85 percent of Greece’s sovereign debt.... It took no less than European Commissioner for Employment Laszlo Andor of Hungary to get... output in 2013 would surpass by more than 20 percent where Greece’s debt-to-GDP ratio stood in 2010

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  3. Greece, the troika and banks' capital needs: A step-by-step guide
    Photo by MacroPolis

    EconomyProgramme

    that Greek banks would need no more than 6 billion euros. However, there is now speculation... that the IMF has estimated capital needs at 20 billion euros, almost four times larger than... journalists that under the adverse scenario capital needs would rise to 8-9 billion, still less than half

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  4. Samaras shoots, Samaras scores!
    Photo by MacroPolis

    Agora

    sporting achievement can provide anything more than a temporary release. Qualifying from the group stages... but more than a decade later the rise of the racist Front National threatens the legacy of the “Black... of promise rather than the herald of greater things to come. Much like the mountain climber who

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  5. Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
    Photo by Harry van Versendaal

    Society

    that more than 60 percent of households (2.55 million) are homeowners without any mortgage... of 7.3 percent, whilst the respective rate for inhabited houses larger than 100 sqm posted an annual... share (4.8 percent) in 2008 was registered from households with income less than 750 euros. This more

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  6. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    , the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than the 2.3 percent included in the Medium-Term Fiscal Strategy (MTFS) 2015-18, but still higher than... than the 2.5 percent incorporated in the MTFS and slightly below the EAP target of 3 percent

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  7. Newsletter 8 - 19/12/2014

    Newsletters

    Dimas gathered just 160 votes – less than even the most conservative estimates had expected... are among more than a dozen MPs who are considered possible supporters of the government candidate. Even... than four years in Q3, when it rebounded by 2.1 percent. This was only the second positive reading

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  8. Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

    EconomyMacroeconomy

    deposit rate reached a high of just over 5 percent in June 2012 and has slipped by more than 3... in excess of the euro area average of 1.05 percent and more than 60 bps higher than the respective... a sharp rise of 51 bps posted in October. However, this rate still stands more than 2.5 percentage points

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  9. Newsletter 29 - 05/06/2015

    Newsletters

    Lenders seek more measures Demands are more than what previous government agreed to Greece’s lenders are demanding new fiscal measures of around 3 billion, which is markedly higher than the 1–1.5... to direct tax revenues of 980 million and to contingent revenues of more than 500 million, which would

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  10. Greece: After a deal, work on a solution
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    will be a short-term fix rather than a long-term solution. Instead, Greece must formulate a long..., such as Finland, or have a less hawkish stance than Germany, such as France and Italy. For Portugal and Spain... its labour market considerably since 2011, and it is now more flexible than Germany’s, according

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