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  1. Retail's downward slide continued with 8.9 pct sales drop in August

    Economy

    trend has smoothened out to a mid-single digit drop over the last couple of months. Monthly... to resume consumption. In an effort to support struggling retail sales, the government has recently

    2%

  2. Are politicians in Greece promoting reforms or social cannibalism?
    en_GB Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    disposable. Forget about the fact that since 2009 the number of civil servants has been falling... is to draw attention from the wider failings of those who held power. There has been no attempt

    2%

  3. Unemployment rate remained unchanged at 27.3 pct in August
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    , the unemployment rate has more than doubled from August 2010 figure of 12.8 percent. At the same time... unemployment rate has skyrocketed to a record 60.6 percent in August as young and unskilled workers

    2%

  4. Apartment prices down 9.2 pct in Q3 as lifting of foreclosure ban mulled

    EconomyMacroeconomy

    in each of the previous three years, highlighting that it is among the sectors that has been worst hit... worth up to 200,000 euros at the end of this year has been recently put on the negotiating table

    2%

  5. Greece leads way in cutting spending on healthcare, finds OECD
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    has attempted to tackle excesses. Another sign of past largesse is suggested by the fact..., long in decline, has been rising since the crisis started,” it says, underling that the cuts

    2%

  6. OECD's Greek debt forecast shakes foundations of troika DSA

    EconomyMacroeconomy

    of the areas the troika-led program has so far failed to improve. But most alarmingly, the OECD presents... the troika assumes for the 2013-2020 period. Although this has a negative effect on real GDP

    2%

  7. Greek retail sales tumbled another 6.4 pct in September

    EconomyMacroeconomy

    and cosmetics the negative trend has smoothened to a 3-4 percent. Books and stationery is the only.... In an effort to support struggling retail sales, the government has recently legislated two interim sales

    2%

  8. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    at 1.21 billion, stressing that the troika has agreed to these targets. The key catalysts for fiscal... authorities and the troika. The deadline for a staff level agreement has been repeatedly postponed

    2%

  9. PASOK and DIMAR head for do-or-die moment
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    .” PASOK leader Evangelos Venizelos has embraced the new movement and indicated that his party would cooperate with it for the European Parliament elections. DIMAR chief Fotis Kouvelis has distanced himself

    2%

  10. Europe missed an opportunity on banking union
    Illustration by Manos Symeonakis [http://www.cartoonmovement.com/p/6035]

    Agora

    , an amount that is clearly paltry if one considers that rescuing Greek banks has already cost 40 billion..., Mrs Merkel has already demolished this third pillar by ruling out any possibility of the ECB

    2%