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Greek jobless rate eases for fourth straight month but still at 26.7 pct
Economyof employed has dropped by 19.6 percent. The headline figure for the number of unemployed indicates.... For all other age groups the unemployment rate has more than tripled over the past 5 years... retain the highest rates at 28.6 and 28.1 percent respectively. On the flipside, the Aegean has
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ELSTAT sees 2013 primary deficit at 8.7 pct of GDP, 40 bln wiped out from economy since 2010
EconomyMacroeconomybillion euros has been wiped out from the domestic economy since 2010. According to ELSTAT, all released figures are fully in line with the ESA95 rules, while there has been continuous communication... the distribution of social dividend”. It is worth remembering that the Greek government has recently agreed
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Four months of decline in industry turnover almost comes to stop in February
Economyto the Hellenic Statistical Authority (ELSTAT). ELSTAT has discontinued the release of New Orders Index... headline figure has been heading south for the sixth successive month with the 12-month trailing index... the manufacturing sector has made a positive contribution to GDP in the opening quarter,” Markit said.
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Are investors getting a bargain with Eurobank?
Agorawill have restricted voting rights on the shares it already owns. The HFSF has also committed... rather than the TBV. *Manos has years of experience in the Greek financial sector. Since 2000, he has
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Possibility of post-election breakup dogs Greek coalition
PoliticsGreek Politicsto survive the vote. While Venizelos has backed away from setting the bar for the centre-left Olive Tree alliance - which PASOK leads - at 10 percent, he has insisted that the government will find... percentages. In such a scenario, SYRIZA is certain to feel that it has enough political legitimacy
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Is post-election just pre-election in Greece?
Agorathat the Eurogroup of finance ministers has to address with regard to Greece in the coming months includes a host... has transformed the ownership structure of Greek sovereign debt from the private sector... new Memorandum of Understanding seems unlikely, given how contaminated the term “MoU” has become over
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SYRIZA leads in most age groups, professions but coalition parties dominant among pensioners
PoliticsGreek Politicswhether there has been a decisive shift in public opinion that makes a SYRIZA or New Democracy win... that a SYRIZA victory could bring. It appears the opposition party has made limited headway in convincing older... the breakdown of the figures is that SYRIZA has gradually broadened its appeal
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomy. The yield on the 6-month T-Bills has retreated by 145 bps in the year to date. It was at 2.70 percent in May from 4.15 percent in December 2013 and 4.38 percent in December 2012. There has been... (the difference between the average loan and deposit rates) has widened to 4.13 percent from 3.70
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Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
Economyare not paying their contributions and the cumulative arrears’ stock has risen to 5.9 billion... and the government d) 1.3 billion has been lost due to a reduction in SSCs. e) 12 billion was lost... years. In addition, monthly debt collection has increased by 50 percent. Two of the twelve prior
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After landmark return in April, Greece prepares to tap bond markets again
Economyon July 7. The release of the next instalment is expected to be approved as Greece has completed... in the 6-month notes has nosedived by 200 bps so far in 2014 to 2.15 percent. Similarly, the yield in the 3-month T-Bills has dropped by 177 bps year to date to 2.13 percent. The imminent bond issue follows
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