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Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010
EconomyMacroeconomyAfter a short-lived year on year (YoY) rise of 2 percent in Q1, the seasonally adjusted Wages Index fell 1 percent in Q2, while it remained stable quarter on quarter (QoQ), according to the Hellenic... quarter of each year is historically the weakest quarter of the NSA wages index. That said, due
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Greek economic sentiment and consumer confidence fall for third month in a row
EconomyMacroeconomyof 104.1 posted in June, Greek ESI has lost almost 5 points. However, the year to date balance remains... the beginning of the year is still positive showing an improvement of 7.5 points. The lowest reading... points to -5.4 reaching its lowest levels since April. However, the year to date performance shows
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Poor poll figures leave Samaras in quandary over next move
PoliticsGreek Politicsover the next 12 months. This has been virtually unchanged throughout the year. Also, only 16 percent of Greeks believe unemployment will fall in the next year. Only 8 percent of respondents... this year. These worrying poll figures will perhaps make Prime Minister Antonis Samaras think twice about
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Samaras seeks vote of confidence and moment of history
AgoraPop quiz: When was the last time Greece held elections at the end of the government’s four-year term? It was in 1989, the year the Berlin Wall fell, F.W. de Klerk started dismantling apartheid... adequacy - Samaras to go ahead with his plan to exit the Greek programme at the end of this year, armed
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Deflation rises again in Greece: CPI down by 0.8 pct in September
EconomyMacroeconomyby 1.1 percent year on year (YoY) and rising by 1.6 percent MoM. From the 12 main groups of goods... deflationary year in 2014, with the CPI expected to drop by 0.8 percent. This follows a decline of 0.9 percent
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Confidence vote debate sets tone for Greek political clashes to come
PoliticsGreek Politicsand Giorgos Fountoulis – had taken place over the last year. SYRIZA rejected the accusations... former adviser, Takis Baltakos, who was forced to resign earlier this year after it was revealed that he... early (at the end of this year). Voridis insisted that it would be the latter. “The memorandums
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Coalition wins confidence vote but gets little encouragement for presidential ballot
PoliticsGreek Politicsa precautionary credit line if it exits its bailout programme at the end of the year – about 18 months early. He... in February next year and early elections are avoided. The fact that so many lawmakers, including ones from... votes short of the 180 it needs to elect a successor to President Karolos Papoulias next year
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Percentage of Greeks at risk of poverty or social exclusion edges up to 35.7
Society, the at risk of poverty rate remained at 23.1 percent, unchanged from the previous year, when it had risen... members were at risk of poverty in 2013. The Greek rate remains for the second straight year... less than 20 percent of their total work potential during the past year) amounted to 1.2 million
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Managing an orderly Greek exit from the memorandum
Agoraa year Madrid exited a European Stability Mechanism-financed assistance programme for its banking... with a successful, oversubscribed five-year bond issue and then in July with the objective to raise as much as 3 billion euros in three-year debt. But the placement of this second bond issue offers
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Greece said to eye exit plan with precautionary support but no new MoU
EconomyProgrammeplan that would allow an exit from the programme at the end of the year but would maintain some form... respectively. For 2015, which is the most crucial year, the anticipated amount of 19.7 billion euros... obligations until June 2015 would be dependent on next year’s revenue collection. The proposed plan
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