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  1. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    million after recording declines in August and September. Greece currently has less than 3.6 million people in employment to support more than 4.7 million unemployed and inactive, an unsustainable ratio... impacts more than half of those between 15 and 24 looking for a job with the rate standing at 57.9

    2%

  2. One in two Greek households rely on pensions to make ends meet

    Society

    is out of work. However, even more alarmingly, only 9.8 percent (less than 200,000) receive unemployment... in their payments to the state, banks, social security funds or public utilities due to money shortages. More than... and 2013, which is higher than Hellenic Statistical Authority (ELSTAT) figures suggest. Nine in 10

    2%

  3. Buying time: The delayed crisis of democratic capitalism - a review
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    exigency than on macro-economic objectives. Members of the troika themselves, notably the IMF... of fiction than a concise economic adjustment programme. When focusing on Greece Streeck’s ire... decision makers to again buy some time, Streeck does not consider this arrangement to be more than

    2%

  4. Goalposts shift as European elections near and SYRIZA cements lead

    PoliticsGreek Politics

    coincide with the second round of the local vote, rather than the first. This move carries great... in the European Parliament will be shared out more widely among the parties than they have been..., will gain these sorts of percentages in May and that the seats will be shared out among more than four

    2%

  5. Should Greece really ask for a debt haircut?

    Agora

    conclusion than that Greece’s public debt is unsustainable. The situation is even worse if we recall... is how we will we stand before our partners, some of whom are poorer than us, and demand that they write..., rather than plead for a haircut the best we can do is to ask for more European Union funding so we can

    2%

  6. Greek justice slower despite reform efforts during crisis
    Photo by MacroPolis

    Society

    . It indicated that the performance of the country’s judicial system had actually deteriorated rather than.... There were 2,547 judges in 2012, which was 22 percent less than in 2010. Courts also employ another 5,327... is considerably lower than the EU average of 45,578 euros.

    2%

  7. Cost of petty corruption in Greece has halved during crisis
    Photo by Harry van Versendaal

    Society

    reported in 2013 than in 2012 and that the average amount paid in bribes fell to 1,333 euros, which is 7.6 percent lower than a year earlier. Almost one in three Greeks asked to give bribes refused to do so... corruption is related to more than just a fall in disposable income. It suggests that events over

    2%

  8. Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
    Photo by MacroPolis

    EconomyMacroeconomy

    billion higher than the Economic Adjustment Program (EAP) target of 2.73 billion (1.5 percent of GDP...) more than offsetting the reduction of social security contributions (974 million). Direct taxes... also foresees that more than 2/3 of the GDP that has been wiped out from the domestic economy

    2%

  9. In Spain, the best generation is in danger of becoming the lost generation
    Photo by Roberto Ortiz via Flickr

    Agora

    than half of the Spanish youngsters that are looking for a job are currently unemployed. This brings.... Having applied unsuccessfully for four jobs (two of them were internships) in which more than 300 people... no more than 300 euros per month or even for free, with no hope of being hired in the short

    2%

  10. Greek central government debt inches down to 320.42 bln in Q1

    Economy

    domestically (1.85 billion) and Financial Support Mechanism (FSM) loans (1.3 billion) more than offsetting... stands at 15.84 years, which is slightly lower than the 16.02 years at the end of 2013. The respective figure for new borrowing in 2014 stands at 0.36 years and refers to T-Bills. More than three quarters

    2%