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New Democracy sticks by snap polls call as gov't looks to probe, tender for relief
PoliticsGreek Politicsto investigate last year’s bailout negotiations, the imposition of capital controls and the bank... for the government to have MPs raking over last year’s error-strewn period of governance by SYRIZA
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Leaked IMF exchange sours mood before bailout review resumes
PoliticsGreek Politicsas a reminder that it might not take much for the situation to turn into a re-run of last year’s stand... a number of times. Tsipras did so publicly late last year and Finance Minister Euclid Tsakalotos
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Unemployment rate resumes upward trend to 24.4 pct in Jan
EconomyMacroeconomythan 1 percentage point year on year and stood at 21.1 and 28.7 percent respectively in January
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Greek stocks slip 1.7 pct during week with subdued volumes
Economy, landing at 561.61. Since the beginning of the year, the domestic stock market has fallen by 11 percent... two weeks, extending the year to date losses to 29.3 percent. The most resilient performance
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The men who would be prime ministers
Agoratheir four-year terms. The last time a Greek administration stayed in power for its full term was in 1989, the year that the Berlin Wall fell. Since then, there have been 12 general elections
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Poor conditions in Greece fail to deter refugees from wanting to continue journey
Societytheir personal situation will have improved by this time next year, compared to 22.8 percent who believe... two or three months. Almost seven percent said it took them a year to reach Greece, while one
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Greek tax wedge remained far above OECD average in 2015
EconomyMacroeconomylast year. The tax wedge for an average single worker reached 39.3 percent in 2015 from 40.4 percent a year ago. The Greek figure stands 3.5 percentage points (pp) above the OECD average of 35.9 percent
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Banks lead Friday rebound to take Greek stocks up by 2.3 pct during week
Economystock market has seen losses of 9 percent overall this year. Bank shares surged 9.2 percent this week, fully reflecting Friday's performance and trimming this year’s losses so far to 22.9 percent. Three
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Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economy-awaited ESM decision improves somewhat the investor sentiment that was harmed this year amid delays... the prospects of economic recovery sometime in the second half of the year.
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Club Med in Washington
Agora. In consequence, the fund revised its global growth forecast for this year downwards, from 3.4 to 3.2... prospects. The IMF predicts modest GDP growth of 1.5 percent this year and a minor uptick to 1.6 percent
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