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Tsipras eyes connection with voters through changes to constitution, electoral system
PoliticsGreek Politics, the proposal for a referendum and giving voters the right to elect the Greek President underlines Tsipras’s... for. Tsipras also said he is open to discussion on the powers that the Greek President will have under... to four because that is what the government believes is economically sustainable for the Greek market
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Parliament's budget office sees risks to economic recovery
EconomyMacroeconomyis needed in the Greek market are intelligent adjustments, while the retaining of the status quo... adjustment of the primary surplus targets beyond 2018 and that it encourages the Greek government... of the Greek economy potentially threatening for a secular stagnation. Other risks involve
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HELEX H1 2016 results show continuing drop in profits
Economyreduction. The average capitalization of the Greek capital market dropped by 13.9 percent compared... promote the Greek capital market, inform listed and non-listed companies about the new tools... of measures this year. These include hosting the 5th Greek Investment Forum in New York
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.86 percent in June from... to 4.73 percent. Despite the small downswing in June, Greek corporate lending rates were kept around... of the average deposit rate led the average spread of the Greek banking sector up by 4 bps to 4.45 percent
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Energy cooperation provides platform for Greece and Bulgaria to strengthen ties
PoliticsForeign PolicyGreek counterpart Alexis Tsipras when the pair met in Sofia earlier this week. Their meeting took... countries. Greek diplomatic sources said the council, which concluded with the signing of several... on the external border of the EU, Greece and Bulgaria remain pillars of security and stability.” The Greek
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Study highlights overregulation and bad law-making in recent years
Societyor conflicting rules. Overall, Greek MPs have enacted 1,478 laws containing a total of 22,800 articles... by the Greek constitution. Almost 60,000 pages of laws containing over 22,700 articles were produced... with grammatical errors, bad Greek or the blatant misuse of legal terminology. Overregulation, a feature
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Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln
EconomyMacroeconomypercent of Greek debt, up from 68 percent a quarter ago. The vast majority of FSM loans relates to the EU financial aid of 212.7 billion euros in total. Of this 52.9 billion relates to the Greek Loan..., following a drop of around 550 million in Q2 due to repayments. Greek government bonds (GGBs) as well
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Rise in number of Greeks insured in 2015 but average salary edges down
Economyshowed that insured individuals with Greek nationality accounted for 91.3 percent of those working... to 90.6 percent in 2015 from 90.2 percent in 2014. In absolute terms, Greek insured individuals rose... and small professionals. The latter figure stands at 14.1 percent for those with Greek nationality
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PMI picks up to 50.4 in August, new orders grow for first time in two years
EconomyMacroeconomythe increasing output reflected higher demand for Greek products from abroad. New orders, albeit... provided some promising signs that the Greek manufacturing sector could be on the verge of picking up... was one of the strongest months for Greek producers during 2016”.
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In EU, Athenians least satisfied with city life but becoming happier
Societyin the capitals of the of the 27 EU member states, they are increasingly warming the Greek capital, research... levels with the Greek capital jumped 15 percentage points, the biggest increase of all EU capitals... of residents in the Greek capital are satisfied with the financial status of their household, with Lisbon
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