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Last man standing
AgoraTsipras chose to submit a censure motion against the government and to talk about the Greek people... to be instructed by the Americans. In fact, Texas was mentioned more times in Greek Parliament... to explain to Greek voters that the European Union’s “fiscal compact” and “six pack” means
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Stournaras in firing line for arguing Greeks can pay more taxes
PoliticsGreek Politicssuggest there is more to come from Greek taxpayers. However, it should be pointed out that two... of the Greek state rather than whether citizens are being taxed enough. Critics will argue that the onus... that the Greek government is missing out on 3.2 billion euros, equivalent to 1.75 percent of GDP, each year
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Manufacturing PMI in Greece hits a 51-month high in November
EconomyMacroeconomyGreek Manufacturing PMI rose to a 51-month high of 49.2 in November from 47.3 in October as output at Greek manufacturers rose for the first time since September 2009, according to Markit... in employment decelerated. Greek manufacturers’ production levels rose slightly in November for the first
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Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomyGreek private sector deposits increased by 0.4 percent month on month (mom) in November... growth and drop in unemployment arrive. It is worth noting that despite deposit outflows, Greek banks.... Credit contraction At the same time, the year on year (yoy) credit contraction in the Greek market
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On Portugal, PSI and a national salvation pact
Agorasensitive to a proposal like that? At the time of the Greek PSI, there was no mechanism to avoid... money to bailout private investors. The IMF recognized the error of delaying the Greek PSI for almost... of the IMF and Greece. In the third quarterly review, Greek sovereign debt was found to be “sustainable
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Jobs, hundreds of thousands of jobs
Agoraof 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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Alpha Bank posts loss of 94.1 mln in Q1
EconomyBankingAlpha 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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Deposits rise for third straight month in May, reaching 162.1 bln
EconomyMacroeconomyGreek 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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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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Samaras seeks vote of confidence and moment of history
Agoraoccurrence 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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