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Newsletter 114 - 07/04/2017
There was a breakthrough at Friday’s Eurogroup in Malta, where Greece and the institutions agreed... on Sunday, when the party’s central committee is due to meet. Dijsselbloem and European Central Bank.... There was no International Monetary Fund representative at Friday’s press conference, but the Eurogroup chief
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Coalition MPs gear up for busy period in Parliament
PoliticsGreek Politicseyes on possible dissenters among SYRIA’s grouping. The draft law on the out-of-court workout is due... the relevant legislation will begin immediately. The government’s aim is to vote on the measures, including 1... in the run-up to September’s national elections. While this has also caused concern among SYRIZA MPs
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Tsipras tries to take pressure off MPs but debt proving hard to settle
PoliticsGreek PoliticsSYRIZA’s parliamentary group is due to meet on Friday after a straightforward cabinet meeting... to his party’s political hopes. Tsipras made two moves in this direction on Thursday. Firstly, he spoke... (he suggested that Greece’s unemployment rate could be reduced to the European Union average within
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Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
EconomyMacroeconomy90,631 last year, data from the Labour Ministry’s Ergani information system revealed on Tuesday. This year’s figure represents the highest positive reading for April since 2001. April is a month that has.... The respective figures in 2013 and 2014 were well above 60 percent. Moreover, 33.1 this year’s April hirings
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Survey shows 42 pct of Greek expats unlikely to return
Societypercent and 3 percent are in entry-level positions or internships, respectively. ICAP’s research results... is Greece’s top export in terms of value (12.9 billion euros versus 7.2 billion euros for oil exports). Greece’s brain drain comes at a heavy price to the economy. In the countries they end up
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Stocks rise for first time in three weeks, gaining 1.1 pct
Economyremained largely at previous week’s level, while the turnover climbed to 181 million on Wednesday.... However, this week’s figure was strongly supported by the exceptionally high volumes on Wednesday.... Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core
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Expectations for deal on Thursday rise as Athens tempers own
PoliticsGreek PoliticsAn agreement at Thursday’s Eurogroup seems the most likely outcome even though Prime Minister.... It was billed as an opportunity for him to set out the government’s goals on Thursday and perhaps... the restructuring to Greece’s growth levels in the coming years. Athens is also keen on the Eurogroup putting
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Rhetoric ramped up ahead of Eurogroup but deal still in sight
PoliticsGreek Politicswith something to grasp on to still seems the most likely outcome of the meeting. Tsipras’s reference at Tuesday’s cabinet meeting to the possibility of the Greek issue being taken to the European Council... it has set. Those were summed up in the government’s round-up of the cabinet meeting: Athens is looking
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Tsipras fails to halt strike as domestic political battle heats up
PoliticsGreek Politicsthat the coalition also gave in to some of the union’s demands, such as no age limit applying.... The government blamed POE-OTA’s apparent intransigence on New Democracy as three unionists affiliated... courted controversy by then claiming that the threat from Golden Dawn is non-existent. “It’s
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomyThe Bank of Greece’s (BoG) monetary policy report, submitted to the Parliament last Friday... could aid Greece’s economic recovery. To this end, the BoG notes that the Greek economy still faces... to the country’s complicated bureaucracy and slow judicial systems. These last two points are highlighted
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