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Fragmented, weak Greek centre left fails to find basis for cooperation
PoliticsGreek PoliticsAn ambitious plan for the rejuvenation of the centre left of Greek politics has stalled as the movement of intellectuals and politicians known as the “58” has turned down an opportunity to cooperate.... However, this also remains the overriding weakness of the new movement. It has a number of former
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December fails to boost Greek retail sector: Sales fell by 6.7 pct
EconomyAgency (ELSTAT) on Friday. During the crisis household consumption in Greece has shrunk by 28 percent, disposable income has been reduced by 32 percent. Also, approximately a third of the population is in material deprivation. So it is not surprise that retail trade is one of the sectors that has been
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Greek jobless rate eases for fourth straight month but still at 26.7 pct
Economyof employed has dropped by 19.6 percent. The headline figure for the number of unemployed indicates.... For all other age groups the unemployment rate has more than tripled over the past 5 years... retain the highest rates at 28.6 and 28.1 percent respectively. On the flipside, the Aegean has
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Are investors getting a bargain with Eurobank?
Agorawill have restricted voting rights on the shares it already owns. The HFSF has also committed... rather than the TBV. *Manos has years of experience in the Greek financial sector. Since 2000, he has
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Retail index fell by 2.2 pct in Feb but trend improving
EconomyMacroeconomyvolume has retreated 31 percent since 2009 with only one positive reading in November 2013. The latter... of that month. In an effort to support retail sales, the government has also legislated a second interim..., the European Commission consumer confidence indicator has improved for three successive months since
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Possibility of post-election breakup dogs Greek coalition
PoliticsGreek Politicsto survive the vote. While Venizelos has backed away from setting the bar for the centre-left Olive Tree alliance - which PASOK leads - at 10 percent, he has insisted that the government will find... percentages. In such a scenario, SYRIZA is certain to feel that it has enough political legitimacy
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Greek central government debt inches down to 320.42 bln in Q1
Economybillion by the end of Q1 2014, the IMF net financing has been reduced accordingly to 25.4 billion... of outstanding debt has a residual maturity exceeding 5 years, 10.3 percent has a maturity between
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Is post-election just pre-election in Greece?
Agorathat the Eurogroup of finance ministers has to address with regard to Greece in the coming months includes a host... has transformed the ownership structure of Greek sovereign debt from the private sector... new Memorandum of Understanding seems unlikely, given how contaminated the term “MoU” has become over
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SYRIZA leads in most age groups, professions but coalition parties dominant among pensioners
PoliticsGreek Politicswhether there has been a decisive shift in public opinion that makes a SYRIZA or New Democracy win... that a SYRIZA victory could bring. It appears the opposition party has made limited headway in convincing older... the breakdown of the figures is that SYRIZA has gradually broadened its appeal
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomy. The yield on the 6-month T-Bills has retreated by 145 bps in the year to date. It was at 2.70 percent in May from 4.15 percent in December 2013 and 4.38 percent in December 2012. There has been... (the difference between the average loan and deposit rates) has widened to 4.13 percent from 3.70
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