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Central government debt grows to 328.70 billion in Q4
EconomyMacroeconomymillion euro rise in financial support mechanism loans (FSM). FSM loans continue to make up the lion..., T-bills made up 55 percent of all government borrowing, followed by ESM loans (31.3 percent), fixed... made up 79.9 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt
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New Democracy targets SYRIZA over law and order, independent institutions
PoliticsGreek Politicsand ends up doing what they want,” said Mitsotakis on Monday. “Citizens, irrespective... sessions to take place behind closed doors. However, the opposition party also picked up on another... was set up in 2010 with the aim of providing an independent voice on economic developments. However
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Net job hirings balance turns positive by 16,628 in February
EconomyMacroeconomyto 47.7 percent of the total. Part-time and shift work made up 41.5 percent and 14.8 percent of hirings... net hirings of 86, up by 4,965 compared to the net balance of -4,876 noted for the same period last... period, the balance remained in favour of part time and flexible work, which made up 54.8 percent
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Tsipras suffers setbacks in bid to build momentum ahead of MoU exit
PoliticsGreek Politicsthe coalition from being able to have a clear run up to the end of the programme in August... the poll gap built up by conservatives. The leftists had been edging closer to their opponents since... on Monday that Tsipras has now given up on the idea of snap elections later this year and is focussed
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Greece registers 42,425 asylum seekers at rising rate in two years of EU-Turkey deal
Societyon Lesvos (45.5 percent) followed by Chios (23.5 percent) and Samos (19.4 percent). Syrians made up... 18-34 percent made up 47.9 percent of all applicants. The numbers of full registrations and final decisions went up notably in 2017 compared to 2016. This was put down to the necessary infrastructure
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Over one in five Greeks struggled to make ends meet in 2017
Societywith the lowest material deprivation rate was 2009 at 11 percent, shortly before Greece signed up to its first... is therefore the first time in seven years that the rate has gone down rather than up, but still means... Security Fund (EFKA) showed that up to May of last year, three out of 10 workers in the private
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Is the cost of Greece's public sector soaring again?
EconomyFeaturesthat the costs have gone up every year since the end of 2014, by a total of 612 million euros, or 3.9 percent... to an increase in the employer’s (i.e. the state’s) social security contributions, which went up by 268..., the opposition’s populist promises to tear up the rulebook lack credibility given the fate of similar
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingbillion and by 5.6 billion since the September 2015 peak. The NPE ratio edged up to 55.7 percent... the NPL ratio edge up to 35.5 percent in Q1 from 35.3 percent in Q4. The NPL coverage ratio stood at 80...) and NPE sales (-3.5 billion euros). Piraeus Bank has been stepping up efforts to reduce the balance
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Lenders return to Athens with much work ahead to reach SLA by May 24
EconomyProgramme, although this will require efforts to be stepped up in the coming weeks,” he said. “Ideally, we would... are already under strong domestic pressure over the pension cuts that have been lined up for 2019... experience cuts of up to 30 percent at the most. He did not rule out the possibility that pensioners
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Parties mull changes to electoral law, top judge resigns
PoliticsGreek PoliticsThe discussion about changes to the electoral law is hotting up in Greece, in a further sign... to Interior Minister Panos Skourletis the breaking up of the Athens “B” electoral district... for the changes. At the time, PASOK proposed breaking up the Athens “B” district and allowing Greeks
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