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  1. Unemployment rate edges up to 20.2 pct in April as number of employed dips
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    when the rate also came to 20.2 percent. The unemployment rate has remained under 21 percent for five..., the figure for those employed has also fallen by 1,242. Total employment remained above 3.7 million... in unemployed by 7,698 compared to March. Against the same month last year, the number of unemployed has

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  2. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    and harness investments, Alpha Bank’s weekly financial bulletin has highlighted. Focusing its first section... quoted in the report, the hotel industry in Greece has undergone strong growth since 2004. In 2004.... However, the report notes that while the hotel industry has gone from strength to strength

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  3. 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

    2%

  4. Unemployment at 19.1 pct in June, under 20 pct for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consecutive 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

    2%

  5. Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
    Photo by MacroPolis

    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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  6. Kotzias territorial waters comment not expected to spark change of approach in Athens
    Photo by MacroPolis

    PoliticsForeign Policy

    that 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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  7. Tsipras pushes for revision of constitution, hoping to score political points
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    changes 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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  8. Eurosystem funding rises to 13.2 bln in October, banknotes up for third month
    Photo by MacroPolis

    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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  9. New Democracy increases pressure on potential supporters of Prespes Agreement
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a 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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  10. Unemployment at 18.6 pct in September as unemployed decline by 11.1 pct year-on-year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rate 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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