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  1. In Spain, the best generation is in danger of becoming the lost generation
    Photo by Roberto Ortiz via Flickr

    Agora

    in Spain but not now. Laura, 25 and unemployed for one year, voices her pessimism about her future... was “as depressing as the one [she] left behind a year earlier.” “Many of my former classmates at University, who..., 11,000 Spanish youngsters returned that year due to the difficulties with the language and in finding

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

    Agora

    . The unemployment rate peaked in September last year at 27.7 percent and the latest reading... a year on average to be created in such a short timeframe. These two sectors alone make up of three... 100,000 jobs would be created in his first full year in office but instead employment has fallen

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  3. Greek credit contracts again in April but at slightly lower rate of 3.7 pct

    EconomyMacroeconomy

    The year on year (YoY) credit contraction in the Greek market decelerated to 3.7 percent in April from 4.1 percent in March, with balances easing to 215.14 billion euros, according to the Bank... flow coupled with banks’ ongoing deleveraging. Although the BoG has not yet released the year-end

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  4. Eurobank records net loss of 207.4 mln in Q1

    EconomyBanking

    year on year but only QoQ. Higher PPI QoQ at 194 million in Q1 is fully attributed to lower costs... to purchase the state preference shares “anytime soon” given that 2014 will be the last year the bank

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  5. Are things looking up for Greece's privatisation programme?

    Economy

    program looks to exceed targets by year-end, a credit positive (for the sovereign... this year covering the majority of 2014 target of 1.5 billion. The bulk of the 1.3 billion... billion by the end of this year,” according to Moody’s. Despite these positive developments

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  6. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    -provision income from the first year, according to Alpha’s press release. The transaction... the HFSF cost per share was 0.44 euros, during the bank’s recapitalisation last year, the HFSF... last year.

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  7. Greek industrial turnover drop accelerates in April

    EconomyMacroeconomy

    , with the highest drop posted in the last three months of 2013 and April this year. That said...) were the only other sectors that posted a year on year moderate growth. A recent European

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  8. Greek union data suggest workers get paid late or in kind

    Society

    is up to 13 months. One in two hotel companies that operate for the whole year is said to be delaying payments to its workforce. These delays are occurring despite last year’s strong tourism season and the optimistic outlook for this year, which suggests that companies operating in the tourism

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  9. Eurostat 2012 figures raise questions about Greece's tax policy

    Economy

    , the Greek implicit consumption tax rate remained flat year on year at 16.2 percent remaining 3 pps.... The year to date outperformance is also due to revenues beating targets by 1.6 percent. That said

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  10. Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010

    EconomyMacroeconomy

    The seasonally adjusted Wages Index rose 0.6 percent year on year (YoY) in the first quarter (Q1) of 2014, while it dropped 2.3 percent quarter on quarter (QoQ) over Q4 2013, according... reading since Q1 2006. The first quarter of each year is historically the weakest quarter of the NSA

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