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A campaign that leaves Greece in pain
Agorathe future of the EU and Greece’s place in it. The campaign has been little more than a proxy war... respectful of voters than its predecessors, whether this meant fighting corruption, being... scandals, the cajoling of independent institutions, the inability or lack of willingness to contain
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Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
SocietyThe economic crisis has increased wealth inequality in Greece at a much faster pace than in other... increase than the two other countries, Italy and Spain, Credit Suisse considers to have experienced... from 52 to 55.6 percent, which means that in both cases the current total is also lower than
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Six in 10 Greeks earn less than average salary of €1,022 in private sector
Societyand grosses less than the average salary in the private sector. These are the general characteristics... than 1,022 euros a month, the average salary in the private sector, according to separate data from the country’s largest insurance fund IKA-ETAM. In 2013, the number of employees earning less than
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More than half of Greek households rely mainly on pensions
Societyhouseholds in 2015. Last year’s figure was slightly lower than the record 52 percent recorded in 2014 but almost ten percentage points higher than the 2012 share of 42.3 percent. Of those households... at less than 10,000 euros. The outlook for 2016 remains similarly negative, with seven in ten Greek
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomy. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released... in Q4 2015. Today’s figure for Q1 is slightly higher than the -1.3 percent released in flash estimates... reflects a nosedive in disposable income by more than 30 percent. This is attributed to a sharp rise
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Greek teens less likely to smoke, get drunk than European peers but gamble more
Societydrink, and are the most likely to have gambled for money than their peers in Europe. These are some... percent of them more than once, compared to an average of 23 and five percent, respectively. As was the case in Denmark and the Czech Republic, more than 90 percent of teenagers in Greece reported easy
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Multiple crises fence in Greece
Agoratheir anger by choosing to raise their social security contributions rather than cut existing pensions... the European Union average but has risen from less than 12 percent since the beginning of the crisis due... has fallen to 3.6 million, which is less than the 2.6 million pensioners and 1.2 million unemployed
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More concern for coalition than cheer for SYRIZA in latest poll figures
PoliticsGreek Politicsbut the poll’s findings should be more of a source of concern for the New Democracy-led government than... popularity, for instance, was at 36 percent in September, which was eight points lower than in May... points more than the vacuous anti-memorandum Independent Greeks. This can hardly be a cause
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Greeks' wages fell more than 10 pct in 2013, IKA data shows
SocietyAverage wages in Greece fell by more than 10 percent in 2013, according to data published... 2013, which was 10.27 percent lower than a year earlier. The daily rate worked out at 54.66 euros. Those working in smaller companies (employing less than 10 people) earn around 60 percent of what
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus more than doubled year on year (YoY... of clawback and rebate mechanisms for 2013 in the larger healthcare provider (EOPYY) rather than..., the EFSF/ESM/IMF loans stood at 221.11 billion euros corresponding to more than two-thirds of total debt
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