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Are hirings in the public sector out of control?
EconomyFeatures, and unemployment remains stubbornly lodged above 20 percent. The accusation that the government... and local government and the public bodies supervised by them is subject to a strict 1:4 (previously 1:5..., while the number of permissible hires for 2017 under the 1:4 rule was 2,453, the government claimed
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Greece takes first round against Covid-19 but fight continues
Agorato a champion of rational policy-making and a beacon of good behaviour. As of April 20, Greece has recorded.... The appointments were to abide by a 1:1 replacement rule (one hire for each departure) and would therefore... the 1:1 ratio for the health service, and to continue the hiring programme put in motion
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General government bottom line continues to improve with moderate decrease in arrears
EconomyMacroeconomy. The government is expected to repay arrears of 7 billion by the end of the year, 1 billion lower than the initial... noting that on Monday (October 7) the MoF will table to Parliament the 2014 draft budget. A bulletin
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Five things to watch for in today's elections in Greece
PoliticsGreek Politicsin Greece. Its margin of victory in the EU elections has ranged between around 1 and just over 4... will struggle to get more than 7 percent of the vote. This could lead to turmoil within PASOK. A challenge... under 7 percent. Electing at least a couple of MEPs would mean that the party continues the process
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingstraight quarter. Net interest margin (NIM) rebounded by 7 basis points (bps) to 2.11 percent... of risk climbing to 7 percent in Q4 from 5.5 percent in Q3. The cumulative stock of provisions now... percent, also down by 1 percent point QoQ. Eurobank's management stressed that key catalysts for a return
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Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012
EconomyMacroeconomy-adjusted (NSA) jobless rate, which dropped to 26 percent in January after increasing by almost 1... October 2013. Unemployment among women remains steadily around 7 percentage points (pp) above that of men at 29.6 and 22.5 percent respectively. Youth unemployment (15-24 years) dropped by 7 pp YoY
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Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct
EconomyMacroeconomyin the fourth quarter (Q4) of 2014 after an upward revised 1 percent rise in Q3, according... by 28.5 percent or around 7 billion in absolute terms, on the back of heightened unemployment... of households (defined as gross savings divided by gross disposable income), which fell to 7 percent in Q4
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingimproved by 7 basis points (bps) QoQ largely due to a similar rise in the time deposit spread... for the second straight quarter by 2.6 percent QoQ to 73.9 billion, while deposits contracted by 7... III Common Equity Tier 1 (CET1) ratio eased to 12.1 percent in Q1 from 13.6 percent in Q4, mainly
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economysigned the memorandum of understanding (MoU) for Hellenikon on June 7. The cash consideration... revenues is seen at 12 and 7 percent respectively. On the fiscal front, the tax revenues from... property (ENFIA) taxes are expected to make up 1.3 and 1 percent of total tax revenues respectively
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Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
Societylevels of life satisfaction across the entire transition region,” the report said. Only 1 and 6 per cent.... Only Italy reports similar values, with 7 and 9 percent, respectively, of its respondents satisfied... in order to improve public healthcare and public education. The survey found that only 7 percent
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