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  1. Portuguese election: Where those who lost may decide
    Photo by Alessandro Grussu via Flickr https://flic.kr/p/ffhoRc

    Agora

    and the emigration waves (official estimates indicate that almost 500,000 Portuguese have left the country in 4... rate in Portugal will drop this year almost 1 point compared to April estimates, although growth... gradually some of the cuts in the next 4 years). Several political analysts also point out other

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  2. Greece fell two places to 60th in Doing Business ranking, World Bank says

    Economy

    slipped 1 place to 132nd. In registering property it remained unchanged in 144th spot. Getting Credit... 71st place. Greece’s ranking has also dropped by 4 spots in Starting a Business (54th), by 3 spots..., since resolving a commercial dispute through the courts takes more than 4 years (around 1,580 days

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  3. EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    of over 1 percent of GDP in the second half of 2015 and up to 4 percent of GDP cumulatively by 2017... in 2016 and more markedly to 4.1 percent in 2017. At the same time, imports are expected to decline by 4

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  4. Is Regling right to be concerned about Greek liquidity?

    Agora

    months, highlighting that Greece has debt servicing obligations of about 4 billion euros over... needs approximately 4 billion euros to meet all debt obligations. The state budget foresees a primary surplus of just over 1 billion euros during the first quarter of 2016. Unless Prime Minister Alexis

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  5. Industrial production rebounds 2.8 pct in April

    EconomyMacroeconomy

    ) and water supply (+2.6 percent). In contrast, electricity production slipped 1 percent. Mining... month showed the IPI grew by 4 percent month on month (MoM). Mining and quarrying production rose by 5.6 percent followed by water supply (+4.8 percent) and manufacturing (+4 percent), while electricity

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  6. In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    official funding and clearing arrears expected at 4 billion euros by the end of the year. The Commission’s baseline scenario (A) assumes: 1) GDP to contract 0.3 percent in 2016 and then rebound... a 10-year period decreasing gradually thereafter to 1.5 percent by 2040. 4) Average market

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  7. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    employment fell to a 10-year low of 4 percent in 2001 and gradually rose to 6.1 percent until 2009. Since... than that for women (-6 percent). Men’s participation in the labour force dropped by 4 percent over this period, while that for women edged up 1 percent. The professional status is another feature

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  8. Grand projects and even loftier ambitions drive Greece's energy project bonanza
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    in the electricity and gas sectors fell to 2 percent of GDP in 2011-2015 compared to levels over 4 percent... symbolic 4 percent towards meeting Europe’s total gas demand, and will provide a lifeline.... If developed, it would offer storage capacity of up to 1 bcm. Energean estimates the cost

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  9. Budget primary surplus confirmed at 2.75 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 4 million euros, up by 1 million against January’s figure, and below target by 4 million euros

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  10. Eurogroup agrees on significant debt relief measures for Greece

    EconomyProgramme

    to begin paying around 1 billion euros annually in interest from 2023, as had previously been... to be repaid in full by 2024. Greece has repayments totalling 4 billion euros to make to the Fund... is expected to be 4 billion euros in total over the next few years. In terms of long-term debt relief

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