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High unemployment, falling wages damaged sustainability of largest Greek pension fund
EconomyMacroeconomy, the amount of wages and contributions has posted a cumulative nosedive of 34.3 and 31.5 percent... fund has lost a cumulative amoung of 16.5 billion in the 2010-14 period. In addition, this is a result
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Greece seen improving refugee response but still under pressure to deliver in Feb
PoliticsForeign Policy” and that there is “clear momentum” in its efforts to meet the obligations it has made as part of the EU’s response.... The Commission has welcomed the fact that the army is now involved in the process and that there are specific
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General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomyrespectively, this has been postponed for 2016 after the completion of the first programme review. Debt... MoM. The debt evolution on the course of 2015 displays it has been reduced by 2.8 billion. The most
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Bailout review differences feed speculation about Tsipras turning to elections
PoliticsGreek Politicsas part of the first bailout review. Government spokeswoman Olga Gerovasili has been denying reports... local media they believe that Tsipras is considering such an option. There has been no indication from
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Unemployment down slightly to 24.6 pct in November
EconomyMacroeconomythe 3.5-million mark, employment has gained 122,600 jobs, while the number of unemployed has contracted
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Greek regions perform poorly in social progress index
Societyto the draft of the first European Social Progress Index (SPI). The SPI, which has been released..., the findings of which are also visualised in interactive maps, has been shared to collect feedback from
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Meeting with farmers marks start of renewed effort to reach bailout review deal
PoliticsGreek Politicscontributions in return for receiving lower pensions. The coalition has been pleading with farmers... believes that around 1.5 percent of GDP in new fiscal measures will be enough and has reportedly asked
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Economic sentiment and consumer confidence deteriorate in February
EconomyMacroeconomyvolatility, peaking at 104.6 in June 2014. In August 2015, ESI bottomed to 76.1 points. It has... points to 3.2 in February. Over the last 6 months, this indicator has improved by 34.2 points
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Retail sales slip 0.1 pct in Dec, drop of 2.8 pct in 2015
EconomyMacroeconomy1.9 and 1.7 percent MoM respectively. Over the last 6 years, retail turnover has plummeted by 36.3... and property taxes. The most notable drop since 2009 has been posted in retail sale not in stores (-58.1
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Refugee crisis edges further onto domestic political agenda
PoliticsForeign PolicyGreece. There has been speculation that Prime Minister Alexis Tsipras may even exercise veto powers.... This perhaps explains the more aggressive line that New Democracy has taken over the last few days
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