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Athens chided over asylum process but complex set of obstacles in way
PoliticsGreek PoliticsService, asylum applications in August were 221 percent up on the monthly average last year. Less... or if there is pressure is being put on Athens to curtail the asylum process and speed up returns. The problem... for Europe Nikos Xydakis claims that Greece had been offered up to 400 officers from the European
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Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln
EconomyMacroeconomybillion in September with the 9-month figure up 10.8 percent to 34.85 billion. The monthly figure is the highest reading so far this year. The reported expenditure edged up 1.1 percent to 3.77 billion... by 9.4 percent and expenditure edging up 1.5 percent. It is worth noting that budget execution
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Tsipras in Brussels prep for Obama trip
PoliticsGreek PoliticsAngela Merkel. The one-on-ones were set up as the European Union worries in private but publicly ignores... not hold for much longer. Athens will renew its plea to speed up refugee relocation to EU countries... political spat with conservatives who are leading opinion polls. And bailout monitors held up their arrival
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Athens looks to Draghi for positive signals on debt relief
PoliticsGreek Politics, with rising domestic and international pressure on the government to speed up reforms and deliver growth... and its inability to build up [functioning] administration,” he said at a book launch event... to avoid the debt debate being caught up in European election campaigning, with polls due
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Report shows Greek tax burden increased in 2015, remaining above OECD average
EconomyMacroeconomy. The breakdown of 2015 figures showed Greece’s taxes on income and profits (as a percentage of GDP) edged up... significantly in Greece compared to the other countries. In particular, taxes on goods and services make up... of 10.3 percent. In 2013 the Greek ratio stood at 12.7 percent. Consumption taxes made up almost 40
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New poll hurts coalition's recovery hopes as Turkey threat grows
PoliticsGreek Politicswith the institutions, there are concerns about a flare-up with Turkey. The nationalist rhetoric from Ankara has... up the programme review or debt relief during the conversation, indicating a desire not to rock... Turkey pick up, it would be left in an impossible situation that could have serious political
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Industrial production rebounds by 6.8 pct in October
EconomyMacroeconomyof the total index, increased by 7.2 percent. Electricity production that makes up around 21 percent of the IPI also rose by 8.9 percent, while water supply production edged up 2.6 percent. In contrast... on the back of a 4.8 percent rise in manufacturing production, while water supply edged up 0.3 percent
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Shaping the post-programme narrative in Greece
Agorathe Eurogroup emphasised public sector reforms, for example, in the labour market; the opening up... government, is already shaping up as the major discussion point between Athens, Washington, Brussels... measure is a waiver for 2017 of a two percent step-up interest rate margin of a loan portion linked
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Jan-Nov budget primary surplus surges to 7.4 bln on solid revenue performance
EconomyMacroeconomyGreece’s budget primary surplus jumped to 7.42 billion euros in the 11-month period of 2016, up... of 18.9 percent, but fell slightly short of target by 29 million. Indirect taxes edged up 1.4 percent.... For the 11-month period, primary expenditure edged up 1.6 percent to 36.49 billion euros, 847 million below
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Industrial production growth slows to 2.3 pct in Nov
EconomyMacroeconomy, electricity production (which makes up around 21 percent of the total index) grew by 8 percent... water supply production edged up by 0.8 percent. In contrast, mining and quarrying production fell.... It has increased by 7.9 points within 2016. In addition, the Markit Manufacturing PMI edged up by 1
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