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  1. Prior actions completed, coalition now faces up to first review and contentious reforms
    Photo by MacroPolis

    PoliticsGreek Politics

    to boost revenues. Both are political hot potatoes for the government. On pensions, the coalition has already set the bar high as it has ruled out cuts to main pensions, which means that the bulk... protested en masse in Athens against these proposals, leading the government into the uncomfortable position

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  2. NBG boosts capital base by selling total stake in Finansbank
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    EconomyBanking

    National Bank of Greece (NBG) announced early on Tuesday that it has entered into a definitive agreement with Qatar National Bank (QNB) for the sale of a 99.8 percent stake in its Turkish arm... by QNB of 910 million dollars subordinated debt that NBG has extended to Finansbank. As a result, NBG’s

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  3. Coalition poised to unveil pension reform proposals, hoping to avoid cuts
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    EconomyProgramme

    through Parliament so far still leave a gap of almost 700 million euros that has to be covered by new... euros. This corresponds to 16.2 percent of GDP. The government has insisted it will not cut main

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  4. Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
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    EconomyMacroeconomy

    after a hiking to 24.6 percent in September. Since March, employment has gained 199,000 jobs, while the number of unemployed has contracted by 123,200 mainly on the back of a strong tourism season

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  5. General government primary cash surplus widens notably to 5.14 bln at end of Nov
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    EconomyMacroeconomy

    period. The government has initially indicated that a part of the last two sub-tranches of 2 and 1... debt components remained almost stable MoM. The debt evolution for the year to date shows it has been

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  6. Suspension of Eldorado's mine work deals blow to coalition's investment drive

    Economy

    . Eldorado said the construction and development activities in Skouries, in which it has invested more... in 2011 and has created so far 2,000 jobs and invested a total of more than 700 million dollars

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  7. IMF: Greece's GDP spend on asylum seekers 6th highest in EU

    Society

    Greece – the Stability and Growth Pact (SGP) has built-in flexibility that should allow countries... the control of the member state which has a major impact on the financial position of the general

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  8. S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March

    Economy

    percent of total loans 2) Government has committed to increase public savings meaning... banks, to eventually require capital support, it also highlights that the recent recapitalization has

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  9. Parliament's budget office stresses need for reform, protecting growth prospects

    EconomyMacroeconomy

    of understanding (MoU) voted by a wide majority in Parliament has provided a common base... and financial effectiveness, which has to be adequately justified. The PBO’s initial assessment on the pension

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  10. Pension reform a precarious battleground for Tsipras and Mitsotakis
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    PoliticsGreek Politics

    the parliamentary debate. He has pledged to have a comprehensive plan ready soon but on Tuesday he just... rule for supplementary pensions, which has been pending since 2014, when New Democracy and PASOK were

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