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After signing name deal, Athens and Skopje face several more steps
PoliticsForeign PolicyAthens has already composed the letter to NATO Secretary General Jens Stoltenberg, which... on Wednesday. Zaev has chosen to follow an emergency, the same that the country’s Parliament usually... on Friday. The country's president, Gjorge Ivanov, has rejected the agreement and is not expected
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Income and living conditions survey shows persisting inequality
SocietyThe Hellenic Statistical Authority’s (ELSTAT) 2017 Income and Living Conditions survey has shed... deprivation has declined by 1.3 percentage points (pps) compared to the high of 22.4 percent registered in the 2016 survey. Material deprivation As ELSTAT notes, from 2009 onwards, material deprivation has
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Eurosystem funding falls by 716 mln in May
EconomyMacroeconomy) monthly financial statement has revealed. The fall across the month brought central bank funding to 20.87... of the year, Eurosystem funding has fallen by approximately 12.80 billion. The decline was led by a fall... funding fell in May after having risen for two consecutive months. In recent months, ELA funding has been
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Saving Angela Merkel with the help of Alexis Tsipras
Agora. As has been argued by some in the past (including the author of this piece), Greece and Germany both... relationship Tsipras has established with Merkel since leaving behind him the confrontational approach he... are the ones that have to pay the highest price. It has become ever more apparent that they are citizens
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Eurosystem funding falls by 4.56 bln in June to 16.31 bln
EconomyMacroeconomy-on-month (MoM), the Bank of Greece's (BoG) monthly financial statement has revealed. In May, the MoM... January, when funding fell by 4.58 billion MoM. Since the start of the year, Eurosystem funding has..., ELA funding has been steadily falling, with the latest reduction coming on July 12, when the ECB
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Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
EconomyProgrammein Efimerida ton Syntakton, HRDAF sources were reported as saying that a subpoena Glencore has received... for Competition (DG Comp) has cleared the privatisation of the Hellenic Gas Transmission System Operator... privatisation roadmap, since the deal has been plagued by delays, collapsed tenders and lower than
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Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
EconomyMacroeconomythat the unemployment has dropped below the 20 percent mark since September 2011 when it stood at 19.2..., which is the first time that the figure has exceeded 3.8 million since February 2012... to April. Against the same month last year, the number of unemployed has fallen sharply by 113,718
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Retail turnover in June grows strongly led by fuel and supermarket sales
EconomyMacroeconomyhas remained positive for five months in the first half of the year with February the only negative... down 4.2 percent growth in May. As with the sales index, February has been the only month this year... has remained positive throughout the year, having improved by 20.1 points year to date, reaching
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Q2 wages index falls by 0.4 pct QoQ and rises by 2.6 pct YoY
EconomyMacroeconomyquarter marks four straight quarters where the seasonally adjusted index has remained over the 90-point... was recorded in Q1 2000. Since its peak, the index has declined by a quarter on the back... now out of its final bailout programme, the government has been keen to win over voters with a focus
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBanking. In particular, the mortgage sector has displayed poor performance when it comes to bringing down..., mortgage lending has continued to be the one sector where bad loans are not falling at a fast enough pace... to be formally submitted for NPL reduction targets between 2019-2021, a separate category has been
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