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At risk of poverty/social exclusion rate in Greece edged up to 36 pct in 2013
Societythan Greek nationals (37.6 percent). EU citizens (50.5 percent) living in Greece were also more likely to be at risk than Greek nationals. The data, derived from the 2014 Survey on Income and Living..., which was 3.3 percentage points lower than the 2012 figure. At the other end of the age scale
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Unemployment rate slips to 25.6 pct in April, lowest since July 2012
EconomyMacroeconomysince July 2012. On a non-seasonally-adjusted (NSA) basis the unemployment rate fell by more than 2..., the number of unemployed has more than tripled from the 425,000 posted in April 2008. The NSA figures... for males to 22.2 percent, while that for females eased by less than 1 pp to 29.8 percent
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Revenues 705 mln short in June but expenditure above target by 961 mln
Economy), which more than offset the revenue shortfall by 1.68 billion. On a monthly basis, revenues (before... better than target and PIB balance 430 million above target The 6-month budget deficit remained almost... better than target. Our understanding is that the government stepped up its efforts to rein in payments
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New Democracy finds compromise but SYRIZA seemingly heading for clash
PoliticsGreek Politicscommittee. More than half of the committee's 200 members voted against the agreement Tsipras brought.... SYRIZA’s Left Platform wants a more substantial dialogue than Tsipras is offering at the moment... that he can be seen to be in charge of the process rather than at the mercy of rebels. Things appear
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Total health spending down to 8.65 pct of GDP as public healthcare sees big drop
Societythe country’s statistics agencies that shows the drop is greater than previously reported. The Hellenic... funding as a percentage of GDP was higher in 2010 than previously recorded (9.84 percent as compared... lower than previously reported. Following OECD standards, the new data looks at healthcare expenditure
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General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow
EconomyMacroeconomyThe general government (gg) primary cash surplus contracted by more than 1.6 billion euros to 238... budget widened by more than 1.1 billion euros to 1.72 billion in the 6-month period and remained... to a worsening fiscal position by more than 1.4 billion vis-a-vis the same period last year fully reflecting
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Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote
PoliticsGreek PoliticsSYRIZA but also as a potential pool of support that could give the new party higher ratings than... rebellion than in previous bailout-related votes last month should be expected. It is likely... the parliamentary committees began debating the third bailout on Thursday, rather than Wednesday as Prime
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Tsipras bides his time on confidence vote, weighs up options
PoliticsGreek Politicsthan 120 of the 300 lawmakers to back him. The government has 162 MPs but the prospect of Tsipras getting more than 150 votes seems slim as this would involve many of the 44 deputies who failed... Tsipras. Options However, the question is whether Tsipras will accept a result that gives him less than
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomythan offsetting a revenue shortfall of 4.22 billion. Budget deficit also considerably narrowed by 61.2... to 24.72 billion, 2.8 billion better than target. The bulk of this outperformance was mainly created in 3 months (February, March and June), when expenses were 2.1 billion lower than target and coincided
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Tsipras is at his strongest, but for how long?
Agorabe preferable for them to implement the bailout rather than SYRIZA. Then there is the issue of Tsipras’s... on the more tangible aspects of yesterday’s victory. The margin of SYRIZA’s victory was bigger than... is 20 points lower than the proportion of voters who cast ballots in the 2004 elections. Also
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