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Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln
EconomyMacroeconomy, the comparable primary cash surplus reached 3.98 billion, up by 913 million from last year. The primary cash... exclude the monthly arrears repayments, we end up with a figure of 492 million for August 2016. Moreover... stood at 4.08 billion, down 7.1 percent from last year. The adjusted figure edged up 2 percent
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Greek government risks mauling after straying off
Agora. Having held it up as a shining up example of its self-professed attempt to tackle the “triangle... in The Lion King holds up Simba for everyone in the Pride Lands to see, the government now faces... bending of the rules so the bidder with the supposed closest ties to the government could end up
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Greek households continue to slash spending on goods and services
Societythe highest in Europe, while accommodation and housings takes up a lower share. Greek households... takes up 36.7 percent of monthly household expenditure but in Denmark only 10.7 percent. Other main... household spend go up, by 1.2 percent (from 105.76 107.06 euros). The breakdown of goods
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Net job hirings of 7,788 in September; highest 9-month figure since 2001
EconomyMacroeconomyThe employment balance turned positive in September, with net hirings standing at 7,788, up from... employment made up 38.9 percent of hirings, which is by far the lowest reading so far this year. However...-to-date employment balance remains positive, with net hirigs of 245,605, notably up from the figure
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Central government debt drops to 323.7 bln in Q3 on bond repayments
EconomyMacroeconomyat the end of September. Overall, FSM loans made up 69.5 percent of Greece’s central government debt... flat for yet another quarter at 14.87 billion, making up 4.6 percent of total debt. Moreover, repos... years) debt made up more than 80 percent of total, while short-term (up to 1 year) and medium-term (1
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Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
EconomyMacroeconomydepartures, of which around two thirds involved lay-offs. Full-time employment made up 42.6 percent... of work made up close to 6 out of 10 hirings in November. The share of males among total hirings... employment balance still remains positive, with net hirings of 125,128, up by more than 36 percent
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Schaeuble presents Athens with stark reality of programme without IMF
PoliticsGreek Politicsto the review being wrapped up quickly and without further measures. This prospect has appealed to Prime... in which one would need to come up with something new. I wouldn’t recommend this to the Greek government... mechanism set up last year. Government sources continued to refer to the IMF’s departure as possibly opening
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Special ELSTAT report reveals dramatic changes in labour market since 1980s
EconomyMacroeconomythis period, while that for women edged up 1 percent. The professional status is another feature..., fell to 20.4 percent in 1995 and to 12.2 percent in 2005, while edged up to 12.9 percent in 2015...) is currently held by the trade, hotels and restaurants, transport and communication, up from 31.4
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Gucci and Greece’s lost photo opportunity
EconomyFeatures, was moved to Tenerife after the producers gave up trying to cut through the mountains of red tape to make the shoot happen in Athens. Streets and locations on Tenerife were subsequently mocked up... digging to turn up success stories for other countries which have cashed in in this way. Cheap, with good
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Debt relief moving to centre stage in programme discussion
PoliticsGreek Politicsset of fiscal measures that his government has signed up to. The line from government spokesman... an extension of up to 10 years in the average weighted maturity of Greek debt. Germany, particularly... the IMF Spring Meetings on April 21-23, while the May 22 Eurogroup is being lined up as the one
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