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  1. Jobs, hundreds of thousands of jobs
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of 2008 had 86,200 more jobs, employing 339,500 people in total. Even though Greek tourism... on science but instead on the typical pledges they and their generation of Greek leaders are familiar... the last two years to the debate around the Greek crisis and the events in Cyprus through his blog

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  2. Alpha Bank posts loss of 94.1 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank, the third largest Greek bank by total assets, posted a Q1 net loss of 94.1 million... YoY to 62.3 billion, mainly reflecting ongoing deleveraging particularly in the Greek medium and large business sector. The bank noted that the shift of Greek large companies to the debt capital

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  3. Deposits rise for third straight month in May, reaching 162.1 bln

    EconomyMacroeconomy

    Greek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching... most likely relate to cash Greek citizens chose to keep in bank vaults, safety boxes and inside their houses fearing an exit of the country from the eurozone. Although Greek banks have experienced

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  4. EU Task Force sees progress on reforms and structural funds in Greece

    EconomyProgramme

    . In addition, the TFGR and the World Bank have supported the Greek authorities in the developing of a new legal... for clearance and cost reductions of 20 – 50 percent in the past 6 months. In addition, the Greek authorities... to competition. Based on recommendations provided by the World Bank, the Greek authorities have also

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  5. Samaras seeks vote of confidence and moment of history
    Photo by Harry van Versendaal

    Agora

    occurrence in Greek politics either. How could anyone forget the manic, and slightly surreal, days... - The European Central Bank stress tests to show in late October that Greek banks need little, if any... adequacy - Samaras to go ahead with his plan to exit the Greek programme at the end of this year, armed

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  6. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    that Greek debt restructuring “is not the right thing to do, it is not needed, it not useful... at the beginning of next year, Greek banks may not have access to ECB funding but resort only to Emergency Liquidity Assistance (ELA). Greek banks have eliminated the more expensive ELA funding since last May

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  7. Papandreou seeks new, undefined role on political centre stage in Greece

    PoliticsGreek Politics

    disappointment with the current state of Greek politics and the lack of understanding between parties. He... interventions suggest that he believes he still has something to offer to Greek politics.... In the current fragmented Greek political scene, there would even be doubts about a new party led

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  8. Top SYRIZA officials hint at path to compromise with eurozone
    Photo by MacroPolis

    PoliticsGreek Politics

    to approve a major haircut, wiping out the “majority” of Greek debt held by the eurozone. Nevertheless... that would allow Greek interest payments to drop from 4.3 percent at the moment to between 2 and 2.5 percent. This suggests that SYRIZA’s position on Greek debt reduction is much closer to the scenarios

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  9. This is the deal Greece will go in search of at Wednesday's sceptical Eurogroup

    PoliticsGreek Politics

    Central Bank to accept again Greek bonds as collateral and keep providing liquidity to local banks... of Greek bonds on the secondary market via the SMP scheme. - Pledge from Greece to submit during... Greek government could not or would not pass the measures demanded in order to complete the programme

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  10. Greece prepares set of proposals for bridging deal with eurozone

    PoliticsGreek Politics

    in Greek government bonds held by the ECB with perpetual bonds. The details of the bond swaps... until September. Such an agreement would also mean that Greek banks could continue having access to the Emergency Liquidity Assistance (ELA). After a decision last week, Greek banks cannot resort to ECB

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