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Study finds contrasting trends in Greek health during crisis
SocietyThe impact of the economic crisis in Greece on health has been more nuanced than previous reports... medical assistance or take tests has more than doubled from 10 percent in 2010 to almost 22 percent.... For example, in 2014 there were 174 more suicides in Greece than in 2009. However, as the study underlines
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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomyreflects the weaker-than-expected GDP outcome in the fourth quarter (Q4) of 2016, as well as the negative... stands at 1 percent for 2022, lower than its previous forecast of 1.8 percent for 2021. The report also... points (pp) within 2018 is much lower than that (-1.9 pp) estimated for this year. Consumer prices
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingbps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent (from 53 percent currently) and the loan to deposit ratio at less than 105 percent (from 116 percent..., Piraeus Bank Group was operationally (rather than legally) separated into two pillars, ‘Piraeus Bank
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Government stalls possible bond issue, clashes again with judiciary
PoliticsGreek PoliticsMonetary Fund is holding its executive board meeting on June 20, rather than June 27 as was initially... that it achieves a lower yield than the New Democracy-led coalition in 2014, when it reached 4.95 percent... that the 2014 bond had a yield that was 1.41 times higher than Portugal’s rate. He suggested that if the same
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UN steers clear of Cyprus blame game as focus moves to hydrocarbons
PoliticsForeign Policysteps should be. Eide made this comment after briefing the UN Security Council for more than two hours... said there had been a collective failure in reaching an agreement rather than anything else. “We... intervention by the council that this process took Cyprus closer than ever before to a settlement
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Greece completes first bond issue in three years, eyes more on way out of programme
Economyeach, while Piraeus GGBs amounted to less than 400 million euros. The new bond coupon of 4.375 percent stands 0.325 percentage points lower than the respective coupon of 4.75 percent of the previous... with more than 550 orders from the investment community. Although the transactions are not fully
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Greek demographic ratios among the worst in Europe
Societyto compensate for the number of deaths in less than a third of EU states. It also points to the gulf... notes that more people leave the labour market to retire than young people enter it to replace them. “In countries with low fertility rates this process is happening more quickly and abruptly than
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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingbillion lower than the target of 103.4 billion. The NPE ratio stood at 50.6 percent in Q2, slightly higher than the anticipated level of 50 percent. This was driven by a lower than expected volume of total loans which translated into a higher than expected NPE ratio. The NPE coverage ratio edged down
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The flag of permanent defeat
Agoraa day longer than Antonis Samaras (951 days), almost 200 more days than George Papandreou (766... cannot give a convincing interpretation regarding what the last 2.5 years have been about. Rather than... government in the world could be condemned for being more focussed on holding on to power rather than
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Budget primary surplus at 3.55 bln in 8-month, below target on lower revenues, higher tax refunds
EconomyMacroeconomyof this year’s ENFIA property tax being set for September rather than August as initially planned... an underspend versus the target by 1.20 billion. The MoF said that the lower-than-expected expenditure... billion, 1.18 billion lower than the target. PIB PIB revenue stood at 125 million euros in August, 28
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