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Public sector evaluation and hirings in the spotlight
PoliticsGreek PoliticsAs Greek politics gradually winds down for the mid-August break, the country’s lenders are likely..., which is due to begin in the autumn. Reports suggest that the government’s repeated efforts... to the schedule agreed with Greece’s lenders, which means that even if the coalition’s next move pays off
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Refugee returns to resume despite concerns over rights and conditions
Societya disproportionate burden on such border states. Since the Balkan route’s closure in early 2016..., Greece remained excluded. This week’s announcement means that Germany will now begin returning asylum claimants to Greece along with all other points of entry. As a result of the Balkan route’s closure
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Skopje first stop for Kotzias in effort to settle Balkan issues
PoliticsForeign Policywith FYROM over the name issue, if Greece’s neighbor is also willing to change its position. The reality... by Efimerida ton Syntakton on Wednesday, FYROM’s deputy Prime Minister for European Affairs Bujar Osmani said... Zaev wants to accelerate FYROM’s Euroatlantic process, with NATO accession being a top priority
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBankingfrom the sale of National Insurance. The discontinued operations relate to NBG’s subsidiaries... 300 million euros, accelerating from the previous quarter’s figure of almost 200 million. Overall... at 74.2 percent. NBG’s NPE and NPL coverage ratios are the highest among its domestic peers. P&L Net
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PMI climbs to 52.2 in Aug, highest for nine years
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 1.7 points in August, reaching 52.2 from 50.5 in July, marking... marginally from July’s record high, although it remains at one of the most positive levels since... surrounding the Greek economy, spurred on by the country’s return to bond markets in July,” they added
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Centre-left leadership candidates step forward as unity doubts linger
PoliticsGreek Politicsat the possibility of allowing distance voting. The initiative has the potential to revive Greece’s centre-left, which has been mired since PASOK came to power in 2009 and signed the country’s first bailout agreement... of an alliance with Democratic Left (DIMAR) and George Papandreou’s Movement of Democratic Socialists
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus fell by 31 million euros from the previous year to 4.10 billion in the first seven months of the year according to the Finance Ministry’s (MoF.... The deficit in local government eased to 2 million euros, improving on the previous month’s deficit
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Government gears up for third review while lenders await pending actions
PoliticsGreek Politics, it was made clear to the official from Athens that beyond the demands of the programme, Greece’s... the process. The coalition’s proposed solution is to exclude department chiefs from promotion... that there were concerns about whether the country’s programmes had been in line with democratic principles. “I
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Budget primary surplus at 3.55 bln in 8-month, below target on lower revenues, higher tax refunds
EconomyMacroeconomyof 2017, a rise of 67.7 percent against last year’s figure of 2.12 billion euros, the Finance Ministry... euros, although slowing from July’s figure of 1.12 billion which was the highest for the year so far... from July’s high of 5.40 billion euros. Gross revenue stood at 31.84 billion euros in the eight-month
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Net job hirings turn negative by 14,402 in August to highest aggregate figure on record
EconomyMacroeconomyas departures outpaced hirings, data from the Labour Ministry’s Ergani information system revealed... of 16,128 was recorded, this year’s figure has improved by 1,726. Hirings came to 164,513 versus a total...-month period point to net hirings of 248,743, up by 10,926 from last year’s figure of 237,817
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