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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomywere employing up to 4 employees and nearly 9 out of 10 companies up to 10 employees. There were... part-timers, around 41 percent received a salary up to 1,000 euros, more than 20 percent between
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An unfounded argument leaves Greece in limbo
Agorawith its eurozone lenders add up to a primary surplus of no more than 1.5 percent of GDP in 2018... this explanation is not backed up by the actual numbers. Trying to reconcile differences over... will not be held up by qualms about Greece requiring preferential treatment on the fiscal front given
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Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
EconomyMacroeconomyincludes 127,086 debtors, up by 4,767 from the previous quarter. In addition, 24 percent of debtors...) that provided for the payment of overdue SSCs in up to 100 installments. Collection The SSC... collection stood at 820.2 million euros, up by almost 30 percent from 2015 and beat the target of 750
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Greek households saw net financial wealth plummet by 37.5 pct during crisis
EconomyMacroeconomy. The portfolio breakdown reveals that in the pre-crisis period stocks made up 21.5 of total assets... and deposits, which made up 26.7 and 49.3 percent of total assets respectively in Q1 2014. However... 2014 as a result of both an increase in assets and a decrease in liabilities. It edged up to 46.6
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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammethereafter up to 275 percent in 2060 mostly due the anticipated high cost of market financing more than... loans, up to 14 years for EFSF loans and 10 years for ESM loans. Additional measures include interest deferrals for all European loans until 2040, abolishing the step-up interest margin on the EFSF
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Amid review doubts, changes to constitution back on main agenda
PoliticsGreek Politicsconstitutional changes, which the government said it wants to open up to as many voters as possible through local events, should be wrapped up by the end of the summer. An electronic platform is already up and running online, allowing citizens to submit their ideas.
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Labour reforms, fiscal measures loom largest as Athens resumes talks with lenders
PoliticsGreek Politics, Tsipras has not yet reached the point where he can sign up to an agreement that would be accepted by his... and a commitment on debt relief that lights up a path to QE and the eventual exit from the programme, he... the measures. These details, however, have yet to be settled. The days leading up to the March 20
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From MoU exit to Grexit: Where next for Greece?
Agoraand the successful completion of the current programme, without the need to follow it up with a fourth memorandum... Samaras was prime minister. However, the timetable Tsipras identified last autumn has gone up... and decisions within and outside of Greece shook up the country. Decision-makers have in front of them
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Concerns over energy deregulation add to challenges Tsipras faces
PoliticsGreek Politicsthe “cannibalisation” of PPC. The baton was picked up by the GENOP-DEI union that represents some... exist within SYRIZA is that the final deal has to be weighed up as a whole. The argument from... threshold. The minister said that the positive aspects of the agreement would more than make up
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Athens, lenders trying to put last pieces in place for technical agreement
EconomyProgrammeproposed that the initial tax rate of 22 percent applied to annual incomes up to 22,000 euros be reduced... may see a significant decline of up to 30 percent in their currently paid main pension. Labour reform... was the liberalisation of the energy market. It seems that Greece and its lenders have agreed on the sale of up to 40
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