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As coalition prepares first draft laws, Tsipras may avoid Parliament vote on extension
PoliticsGreek Politicsand the reform commitments Greece has made are brought to the House. This process is expected to begin next... secretariat. Tsipras has proposed for the number of secretariat members to be reduced from 21 to 11
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomydropped 0.8 percent. Private consumption (nominal) makes up around 72 percent of GDP, while has posted... on Q1 2015 GDP performance is not clear yet, while the new coalition government has not yet
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Greek retail trade turnover index declined by 3.7 pct in December
EconomyMacroeconomyand footwear by 2.2 percent and pharmaceutical products and cosmetics also by 2.2 percent. Retail turnover has... was released today, showed that retail stores’ turnover has dropped by 17.6 percent in the first two
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Strong resistance within SYRIZA leaves Tsipras with tough juggling act
PoliticsGreek Politicshas avoided the first head on clash with sceptics in his party. He will not, however, be able... Yanis Varoufakis has referred to, Tsipras will find it very difficult to keep his party in line. If much
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Gender stereotyping rife in workplace, say Greeks
SocietyGreeks are most likely to believe that gender stereotyping is widespread in the workplace than citizens in other 27 EU states, a new opinion survey on gender equality has found. According..., the percentage of people who agreed that family life suffers when the mother has a full-time job
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingin February making up two-thirds of total Eurosystem funding. The bank also disclosed it has ELA... bonds etc. The bank noted it has an unencumbered liquidity buffer of 10.8 billion euros in Greece and 4
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Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it
EconomyMacroeconomya total of unpaid tax obligations of 76 billion euros. The MoF has identified that around 9 billion... of 583 million in the corresponding period of 2014. The Labour Ministry has noted it aims to collect
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Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBankingyears, the group’s headcount has been reduced by 19 percent to 15,539 employees and the network.... Since the end of November, Eurosystem funding has jumped by 18.1 billion mainly reflecting deposit
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Greece prepares reforms list, eyes solution to liquidity shortage
EconomyProgrammeand improvements in the collection mechanism. One of the issues the government has committed so far... and basic goods and services. Currently, Greece has two main VAT rates, at 13 and 23 percent, a reduced
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No quick solution to Greek liquidity problem; reforms list holds key
PoliticsGreek Politicsthe money, which Athens hoped would have eased its liquidity problems. Reuters has reported unnamed... clear but there are many details that need to be ironed. The government, for instance, has sent mixed
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