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Possibility remains for trial bond issue before IMF debt analysis
PoliticsGreek Politics, and that’s a very different story from the past.” Regling has used the example of what other programme... director Christine Lagarde has said the Fund’s board will decide by July 27 on whether the organisation... of positive conditions has to be balanced against the concern about rushing now and undermining future bond
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Survey reveals opinions around Greek shipping cluster's potential
EconomyFeaturesGreece has the potential to develop into one of the world’s major shipping hubs over the next few... with over 5,272 vessels and generates around 6.5 percent of the country’s GDP and has a substantial... maritime capitals of the world will be located in Europe”. It elaborates that while Greece has
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Proportion of Greeks willing to emigrate for work triples in two years
SocietyA survey by Adecco has revealed that as many as one in three Greeks are looking for job... for. It revealed that since 2015, the percentage of people looking for work abroad has tripled from 11 percent... at least once, a percentage which has been rising for the last two years. According to the survey
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Athens holds off on bond as Tsipras talks up labour market
PoliticsGreek Politicsanonymous comments to the local media, officials said no decision has been taken yet, repeating the mantra..., with some confirming that no move has been made yet but also suggesting that one is looking imminent... not declaring income because of higher social security contributions) this has not happened so far. He
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Newsletter 128 - 21/07/2017
Tsakalotos has reportedly not been in favour of a swift return from the start, but there were some... of a limit on the debt it can hold which is included in the agreement it has made with the IMF. According... front. He stressed during a news conference in Frankfurt on Thursday that any trial issue has to be part
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Athens forced to consider shelving market access plans for now
PoliticsGreek Politicsthat the national central bank has expressed some concern about that; although there has been serious progress... Margaritis Schinas underlined that Brussels has full faith in the data produced by ELSTAT between
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Disposable income edges down 0.1 pct in Q1
EconomyMacroeconomycontributions and benefits almost offset by a drop in taxes. Since 2010, disposable income has been reduced... in the previous quarter and stood at 13.72 billion. Compensation of employees has posted a nosedive... by 31.7 percent in Q4 2016. Since 2010, property income has plummeted by 44 percent. Household final
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Georgiou conviction may test relationship with lenders
PoliticsGreek Politicsthat Brussels has “full confidence” in the reliability of ELSTAT’s data. “We take note of today’s... Greece’s lenders is that Georgiou has become a scapegoat, or useful distraction, for the government..., this narrative has also been supported by parts of New Democracy, which believes that it helps
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Public sector evaluation and hirings in the spotlight
PoliticsGreek Politicsto conduct an evaluation of civil servants has failed. The deadline for the third attempt has passed... percent of civil servants stayed away from the process. Either way, it is clear that the government has
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Refugee returns to resume despite concerns over rights and conditions
Society, preference has instead switched to Italy, where record numbers of refugees and migrants continue to arrive... under which they live in has been batted back and forth between the EU and Greece, with no positive... 2017 and will not be applied retroactively. Mouzalas said that the government has received 392
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