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New Democracy fires back at Tsipras over corruption allegations
PoliticsGreek Politicsis the same as in June although support for both parties has increase by one point since then. New... not necessarily mean that they are in favour of the settlement that has been reached... of the next elections remains the possibility SYRIZA has to win back voters that have been lost since 2015
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
SocietyThe Foundation for Economic and Industrial Research (IOBE) has released a study examining how the crisis has impacted Greece’s education and labour market. The study, titled “Education and the labour... given the structure of the Greek education system which, up until now, has proven to be stubbornly
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Mitsotakis warns party to be ready for elections as political contest intensifies
PoliticsGreek Politicsto voters. The opposition leader has planned a number of visits around Greece over the weeks ahead... to the Macedonia name deal. New Democracy’s main line of attack against the government has been to challenge its claims regarding a “clean exit” from the third programme, arguing that the coalition has agreed
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Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
EconomyMacroeconomyAuthority (ELSTAT) data published on Friday showed. The latest figure means that the index has remained positive for five straight months after the negative reading of December 2017, and has shown... month. In the year so far, industry confidence has declined by 1.8 points.
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Disposable income grows by 2.1 pct in Q1, gross savings continue to shrink
EconomyMacroeconomyin social contributions. Since 2011, disposable income has fallen by 22.1 percent, or by 7.6 billion... the previous quarter’s increase of 2.6 percent, and stood at 14.44 billion. Employee compensation has... 2011, property income has plummeted by 61.2 percent. Household final consumption grew by just under 1
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammebillion until the end of the year when net purchases are expected to end. The ECB as of June 2018 has...-lived as the scheme would conclude in a matter of months Greece has just over 50 billion euros... to interbank repo markets. Eurosystem funding has dropped from 126.6 billion in June 2015.
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Retail index jumps 5.3 pct in May led by fuel and supermarket sale
EconomyMacroeconomyindex has remained positive for four out of the first five months of the year with February the only... compared to the growth of 1.3 percent in April. As with the sales index, February has been the only... in July versus -52.4 points in June. Year-on-year, consumer confidence has improved by 11.6 points
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Coalition pledges to demolish illegal buildings following Mati fire
PoliticsGreek Politicsin the next few weeks, he said. Despite demolition verdicts being issued in the past, it has been... the flattening of these buildings is also motivated by the fact it has linked the illegal construction... construction that has marred much of Attica also means that the government can deflect questions about its
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Reshuffle expected to follow minister's departure in wake of Mati disaster
PoliticsGreek Politicsdeadly wildfire in Mati, for which the death toll has risen to 90. It was confirmed on Friday... that Polakis be removed from his position. The government has struggled to find a coherent way in which... last reshuffle before the next general elections, he has to balance any attempt to freshen up his
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeatures, with Italy alone receiving 12 percent. Demand for Greek exports in Italy has risen by 57 percent.... In the last eight years, German demand for Greek imports has risen by 15 percent. Meanwhile... of low pricing has allowed these products to gain a firm foothold in the global market and offset
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