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  1. There's always next season
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    it has done could have made things worse, but Wednesday marked the two-year anniversary... Minister Alexis Tsipras has been forced to adjust his narrative repeatedly since last year because..., Greece has a chance to put the worst of the crisis behind it. This time next year, the discussion could

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  2. Coalition turns to growth plan for relief from negativity, poor poll numbers
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to exceed 2 percent of GDP this year and to reach around 3 percent or more next year, which is above... year. What the poll of polls also shows is that if New Democracy is to gain an outright majority

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  3. Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) preliminary... in June from 114 million in May. Furthermore, the budget balance in the first half of the year posted... million last year, falling short of target by 344 million. Furthermore, tax refunds climbed 2.6 percent

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  4. Athens holds off on bond as Tsipras talks up labour market
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    by around 2.5 percentage points per year from now on. According to the Labour Ministry’s Ergani... for this particular month since 2001. The data also show that since the beginning of the year, there have been... (EFKA), which began operating this year. Tsipras said that while many had predicted the creation

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  5. IMF insists fiscal targets unrealistic, cites historical evidence to support case
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the primary balance deteriorates by -3/4 percentage points of GDP each year. Out of those 55 cases... in a five-year period with most of the deterioration happening in the first two years. Unemployment... 10 percentage points in a five-year period are associated with an environment of monetary easing

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  6. Bond success questioned as coalition looks to build on trial issue
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and the dispute with the judiciary. The fact that the yield on the five-year bond issued by the government... was higher now than it was in 2014 as Greece’s five-year bond yield has only fallen by 0.325... indicates it wants to avoid complications and finish the review before the end of the year

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  7. IMF sees eurozone debt relief pledges failing to deliver sustainability
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    . The primary balance is seen at 1.7 and 2.2 percent of GDP this year and next, reaching 3.5 percent... 1.1 percent of last year’s GDP. The Fund argues this a realistic projection given Greece’s track... to include the short-term debt relief measures that were agreed in last year’s Eurogroup and the medium-term

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  8. May retail sales show slight rise of 0.4 pct, volume increases 0.3 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    a revised growth of 2.1 percent in the previous month. The largest year-on-year rises in May retail... the smallest gains of 2.1 points and stood at -1.3 trimming the year to date losses to 11.1 points.

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  9. Unemployment at 21.7 pct in May after revised April figure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is the second lowest reading for the year so far. Over the last 12 months, the jobless rate has been reduced... from 19,281 a year ago. The biggest industry sectors contributing to net hirings were food services... fell by 2.3 pp from last year to 26.1 percent. The pace for men fell at a rate which was slightly

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  10. Macron visit gives Tsipras chance to build ties, refocus
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ’ attention towards next year’s expected exit from the programme with the help of the early September visit... will arrive shortly before the Greek premier is due to deliver the keynote speech at this year’s... earlier this year for a 67 percent stake in the Thessaloniki Port Authority (OLTH). Athens is said

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