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Income inequality in Greece has grown during crisis, OECD report shows
SocietyIncome inequality between the richest and poorest in Greece society has increased over the past few years, with the top tenth of society earning 12.3 times more than the poorest in 2012, up from 10.5... in Greece stands at 0.340, up from 0.333 in 2007, putting it in sixth place of all OECD countries
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Newsletter 28 - 29/05/2015
on Thursday that Athens hopes to wrap up negotiations by Sunday. But representatives of Greece lenders have..., this is taxed with rates up to 45 percent, on top of penalties. It is estimated that around 60 percent
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Greece and Albania at loggerheads over hydrocarbons research in Ionian
PoliticsGreek PoliticsAthens has found itself caught up in somewhat of a diplomatic crisis with Albania over the last few days. Tirana lodged a demarche to Athens two weeks ago, putting in question again the delineation... for Albania’s European perspective. No further comment,” he added. Albania's ratcheting up of tension
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IMF appointment sends ripples of discontent through SYRIZA
PoliticsGreek Politicsit to avoid inciting his party in the run-up to a potential deal with lenders being brought... not take up the position at the IMF following the negative reaction within SYRIZA. Another candidate
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Creditors devise proposal in Berlin, Tsipras prepares ground in Athens
PoliticsGreek Politicsto commit before entering Parliament that they would give up their spots if they decide to rebel. However... taking an aggressive approach, preying on Greece's liquidity problems to force Athens to sign up
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Lenders put together proposal that may leave Tsipras struggling
PoliticsGreek Politics, it is possible that Tsipras will decide he cannot sign up to the deal on offer without the public’s backing. However, a fresh snap vote would do little to clear up the current confusion unless the sceptics
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Brussels talks inconclusive, Tsipras has tough sell at home if deal reached
PoliticsGreek Politicsthe New Democracy-PASOK coalition had lined up for this year. As a result, Tsipras will probably... of GDP this year and 1 percent of national economic output in 2016. This means cuts of up to 900 million
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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomy. This was due to international tourist arrivals shooting up by 45.6 percent to 1.73 million, although... in February 24, SETE were saw international arrivals at 25 million, up by 1 million compared to 2014
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Audit of Greek debt adds to pressure on Tsipras in creditor talks
PoliticsGreek PoliticsParliamentary speaker Zoe Konstantopoulou, who has been a thorn in the government’s side since taking up her position, may have made Prime Minister Alexis Tsipras’s task of reaching an agreement.... However, many on the left of the party have not given up hope of going down the rout of other countries
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Greece and lenders talk at cross purposes, head for crisis summit
PoliticsGreek Politicson Monday to come up with a solution. Monday’s meeting was called by European Council president Donald Tusk... have to come up with alternatives. This divergence appears one of the most difficult problems
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