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  1. S&P moves Greece down a notch to CCC, maintains recession forecast

    Economy

    or negative development could prompt a rating action earlier than expected.

    3%
  2. Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    ’ (more than 1 year) unemployed slightly rose to 910,600, after decreasing in the prior three quarters

    3%
  3. Building activity rises again in March as permits increase by 19.1 pct
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    , which are also indirectly related to building activity, has shown a contraction by more than 14 percent

    3%
  4. Another week of losses for Greek stock market amid topsy-turvy ride

    Economy

    they have plunged by more than 37 percent since January elections. It is also noteworthy that three

    3%
  5. A closer look at Greece's revised proposals to lenders

    EconomyProgramme

    from VAT reform of 680 million euros in 2015 and 1.36 billion in 2016. The latter is higher than

    3%
  6. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    as a benefit for low-income pensioners rather than retirement pay, reached 721 million euros last year

    3%
  7. Tsipras needs to sign a deal, but which one?

    Agora

    was signed, no government has been able to survive intact for more than about 18 months. The pressure

    3%
  8. Greece works on new proposals as EU rules out political deal on Monday

    PoliticsGreek Politics

    of concessions would come from political leaders rather than finance minister or technocrats. Tusk

    3%
  9. Eurogroup inconclusive on new Greek proposals but opens path for agreement
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    PoliticsGreek Politics

    be decided on a daily - rather than weekly - basis. On Monday, the ECB Governing Council increased

    3%
  10. Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    December 2014 to more than 88 billion currently, reflects: 1) Replacement of ECB with ELA funding

    3%