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Eurosystem funding down by 3.29 bln to 13.02 bln in July
EconomyMacroeconomy(BoG) monthly financial statement has revealed. In June, the MoM figure had declined at a sharper... for a second consecutive month. Since the start of the year, Eurosystem funding has fallen by approximately... at a milder rate by 809 million to stand at 8.18 billion. In recent months, ELA funding has been
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Unemployment at 19.1 pct in June, under 20 pct for second month
EconomyMacroeconomyconsecutive month that unemployment has remained under 20 percent. Before May’s figure, the last time... has exceeded 3.8 million since February 2012. The figures for those unemployed also continued... the same month last year, the number of unemployed has fallen at a greater rate by 112,401 persons
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Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
EconomyMacroeconomy, the Bank of Greece's (BoG) monthly financial statement has revealed. September’s movement brings.... Since the start of the year, Eurosystem funding has declined by around 21.44 billion. September’s... the total to 8.66 billion. September’s figure is the first time that ECB funding has increased after
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Kotzias territorial waters comment not expected to spark change of approach in Athens
PoliticsForeign Policythat Greece has no right to make unilateral decisions in the Aegean and that this would be deemed a cause for war (casus belli) as has been the case since 1995, when Turkey’s Grand National Assembly took... with the contentious plan, which has caused previous governments concern. In fact, it seems that he will slow down
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Tsipras pushes for revision of constitution, hoping to score political points
PoliticsGreek Politicschanges that SYRIZA has focussed on in previous years are the separation of church and state... addressed both issues but adopted a less absolute position than his party has done in the past... to the constitution establishing the religious neutrality of the state. Tsipras said that he has a good
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Eurosystem funding rises to 13.2 bln in October, banknotes up for third month
EconomyMacroeconomy, the Bank of Greece's (BoG) monthly financial statement has revealed. As of the latest month, the total... euros. Since the start of the year, Eurosystem funding has declined by around 20.47 billion. October... to bring the total to 9.64 billion. ECB funding has risen for two consecutive months so far. This month
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New Democracy increases pressure on potential supporters of Prespes Agreement
PoliticsGreek Politicsa deal that has little public support, but to also make it difficult for MPs, including opposition... for the agreement. New Democracy has already made overtures to two of the party’s MPs, Grigoris Psarianos... the agreement being approved in Parliament. SYRIZA has 145 MPs and cannot rely on its junior coalition
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Unemployment at 18.6 pct in September as unemployed decline by 11.1 pct year-on-year
EconomyMacroeconomyrate came to 20.8 percent. September’s figure marks the sixth consecutive month that unemployment has... employment reached 3.88 million people, marking the fifth time that the figure has exceeded 3.8... and came to 23.4 percent. This figure has been in decline since the high of 31.6 percent in May 2013
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Tsipras visit to Moscow confirms thaw in relations with Russia after diplomatic spat
PoliticsForeign Policycapital was the reintroduction of a proposal that Athens has been pushing over the last couple of years... to transfer Russian gas to the European market. Bulgaria has also expressed an interest and so far Moscow has been keen to examine this alternative route. However, Putin did not exclude the possibility
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Chasing investment, the Greek dream
Agorabillion in the latest quarter of this year. Reviving investments in Greece has become the Holy Grail... and international organisations that monitor the Greek economy. Investment spending has a strong multiplier... on transport, equipment, information and communications technology and weapon systems, has dropped from 5.8
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